East Ventures

East Ventures is a venture capital investment firm established in 2009, headquartered in Singapore, that focuses on multi-stage investments in Southeast Asia's technology sector. The firm has a diverse portfolio, investing in companies across various industries, including e-commerce, fintech, health tech, and gaming. As a prominent player in the region, East Ventures has supported over 300 tech companies, notably backing influential startups such as Tokopedia, Traveloka, and Ruangguru. The firm is recognized for its active role in the startup ecosystem, being named the most active investor in Southeast Asia and Indonesia. Furthermore, East Ventures is committed to sustainable development and social impact, having signed the Principles of Responsible Investment, which aligns with its initiatives and practices focused on environmental, social, and governance (ESG) factors.

David Audy

Operating Partner

Devina Halim

Principal

Sang-Uh Han

Partner

Yinwei Liang

Principal

Avina Sugiarto

Venture Partner

Emily Tampi

Managing Director, Finance

Wesley Tay

Principal

Zhengyi Zhu

Investment Professional

Past deals in HoReCa

Akronym

Series A in 2022
Specialty coffee has become part of our daily routines in the most positive way. We now have access to what they want the most -- choices. In recent years, roasters have explored new ways to share coffees, making them more accessible and delicious without all the fuss. Enter specialty coffee-filled Nespresso® compatible capsules that open the palate to discovering new tastes and experiences.

Legit Group

Seed Round in 2021
Legit Group is a multi-brand cloud kitchen operator based in Jakarta, Indonesia, established in 2021. The company focuses on delivering high-quality, hearty meals by overseeing every aspect of its operations, from research and development to production and delivery. It operates a network of cloud kitchen outlets that cater to both offline and online dining experiences. For offline dining, meals are prepared for immediate consumption, while online offerings are designed to remain fresh even under challenging delivery conditions. Through its comprehensive approach, Legit Group aims to provide customers with affordable, tasty food options delivered directly to their doorsteps.

AccordX

Seed Round in 2020
AccordX is a platform that allows individuals to open a virtual restaurant, prepare food at cloud kitchens and sell food by online delivery.

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company focuses on transforming coffee consumption through technology, offering a unique experience to its customers. Each cup of coffee is brewed using freshly roasted Arabica beans, which are meticulously sourced and developed into a rich espresso blend. This commitment to quality enables consumers to enjoy a strong and flavorful coffee, setting Fore Coffee apart in the competitive coffee market.

Fore Coffee

Seed Round in 2018
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company focuses on transforming coffee consumption through technology, offering a unique experience to its customers. Each cup of coffee is brewed using freshly roasted Arabica beans, which are meticulously sourced and developed into a rich espresso blend. This commitment to quality enables consumers to enjoy a strong and flavorful coffee, setting Fore Coffee apart in the competitive coffee market.

CirCO Coworking Space

Seed Round in 2018
CirCO Coworking Space offers a collaborative work environment for the startup community in Ho Chi Minh City. Spanning 2,600 square meters, the facility features a comfortable and modern design, with access to essential amenities such as a kitchen, lounge area, and 24/7 operational capabilities. CirCO provides a cost-effective solution for small and medium-sized enterprises, allowing them to benefit from fully equipped workspaces without incurring significant expenses. The flexible payment terms and supportive atmosphere foster engagement among members, making CirCO an ideal choice for entrepreneurs seeking both functionality and community.

CoHive

Seed Round in 2017
CoHive is Indonesia's largest coworking space provider, previously known as EV Hive. The company offers a blend of coworking, coliving, coretail, and event space solutions aimed at fostering a cohesive working and living environment. With a mission to build a robust community, CoHive connects and supports startups and small to medium enterprises (SMEs) across Indonesia. The company operates approximately 33 locations in major cities including Jakarta, Medan, Yogyakarta, and Bali, catering to around 9,000 members, predominantly startups and SMEs. CoHive also provides facilities for retail spaces, allowing businesses to showcase their products within a vibrant startup community. The company's headquarters is located in Jakarta, and its leadership team includes co-founders Jason Lee and Ethan Choi, along with COO Erich Hirawan and CRO Iris Wee.

New Action

Seed Round in 2017
New Action specializes in providing online food delivery services that focus on helping consumers create restaurant-quality meals at home. The company offers carefully selected food ingredients and seasonings, accompanied by full-scale recipes developed by professional chefs. In addition to its culinary offerings, New Action also provides web marketing services, enhancing its ability to reach and engage with food enthusiasts. By combining high-quality ingredients with expert guidance, New Action aims to empower individuals to enjoy delicious home-cooked meals.

Hipvan

Series A in 2015
HipVan is an online e-commerce platform based in Singapore that specializes in offering designer furniture, home furnishings, and lifestyle products. The platform features a curated selection of well-designed items, often available at discounts of up to 70% off retail prices. HipVan aims to provide homeowners and consumers with a convenient shopping experience, allowing them to browse and purchase stylish, quality furniture from the comfort of their homes. The company collaborates with top partners and independent designers to bring innovative design inspirations to its customers, enhancing everyday living with affordable yet aesthetically pleasing products. Home delivery services are also provided to ensure a seamless purchasing experience.

Otten Coffee

Series A in 2015
Otten Coffee is an online retailer based in Medan, Indonesia, specializing in coffee and coffee-related products. The company serves as a comprehensive e-commerce platform for coffee enthusiasts, offering a wide range of items essential for preparing high-quality coffee. Its product lineup includes coffee beans, espresso machines, grinders, and various tools for baristas. Otten Coffee caters to a diverse clientele, from professionals in the coffee shop industry to home coffee drinkers, providing them with the necessary equipment and supplies to enhance their coffee-making experience.

Hyper8

Series B in 2014
Hyper8 Inc. specializes in the development and management of a digital stamp card application. The company has been expanding its platform, Mespo, by utilizing profits generated from hosting social events. This strategic approach allows Hyper8 to enhance its offerings while simultaneously engaging with its user base through dynamic and interactive experiences.
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