East Ventures

East Ventures is a venture capital firm founded in 2009, with offices in Singapore, Tokyo, and Jakarta. The firm specializes in seed, early-stage, and Series A investments, focusing on technology and consumer sectors, including fintech, e-commerce, and education technology, primarily in Southeast Asia. East Ventures has supported over 170 companies across the region, with notable investments in Indonesia's unicorns such as Tokopedia and Traveloka. The firm typically invests between $0.1 million and $0.5 million and has been recognized for its consistent performance, being named the most active investor in Southeast Asia. In 2018, it launched a joint venture called EV Growth, aimed at providing growth capital to startups throughout Southeast Asia. East Ventures continues to play a significant role in nurturing the startup ecosystem in the region.

Gavin Adrian

Investment Professional

David Audy

Operating Partner

Batara Eto

Co-Founder and Managing Partner

Devina Halim

Principal

Sang-Uh Han

Partner

Tomoki Hirata

Principal

Wai Kit Koh

Managing Partner

Yinwei Liang

Principal

Taiga Matsuyama

Co-Founder and Managing Partner

Jumpei Mouri

Director

Yoshiharu Okubo

Principal

Avina Sugiarto

Partner

Emily Tampi

Managing Director, Finance

Wesley Tay

Principal

Jordy Tenka

Investment Professional

Alda Wardhana

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 cloud kitchen company operating in Southeast Asia, specializing in the creation of food and beverage brands tailored for delivery services. The firm offers a dual-platform approach that caters to both offline and online dining experiences. For offline dining, food is prepared for immediate consumption, while the online dining service ensures that meals remain fresh and in optimal condition during delivery, even under challenging circumstances. This model allows Legit Group to provide customers with affordable, high-quality food options, emphasizing convenience and freshness in the growing delivery market.

Cookpy

Seed Round in 2020
Cookpy Co., Ltd. is a Tokyo-based company established in 2017 that offers online virtual restaurant services. It allows individuals to create their own virtual restaurants by registering recipes on its platform. Cookpy operates a ghost restaurant service, enabling users to prepare food in cloud kitchens and sell it through online delivery platforms. This innovative approach provides aspiring restaurateurs with the opportunity to enter the food industry without the need for a physical storefront.

Cookpy

Venture Round in 2019
Cookpy Co., Ltd. is a Tokyo-based company established in 2017 that offers online virtual restaurant services. It allows individuals to create their own virtual restaurants by registering recipes on its platform. Cookpy operates a ghost restaurant service, enabling users to prepare food in cloud kitchens and sell it through online delivery platforms. This innovative approach provides aspiring restaurateurs with the opportunity to enter the food industry without the need for a physical storefront.

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company aims to transform coffee consumption in Indonesia through technological innovations. It serves coffee brewed from freshly roasted Arabica beans, ensuring a strong and flavorful experience for consumers. By focusing on quality sourcing and roasting techniques, Fore Coffee distinguishes itself 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 aims to transform coffee consumption in Indonesia through technological innovations. It serves coffee brewed from freshly roasted Arabica beans, ensuring a strong and flavorful experience for consumers. By focusing on quality sourcing and roasting techniques, Fore Coffee distinguishes itself in the competitive coffee market.

CirCO

Seed Round in 2018
CirCO is a provider of co-working spaces in Ho Chi Minh City, offering a shared workspace designed to foster a supportive startup community. The facility spans 2,600 square meters and is equipped with modern amenities, including a kitchen, lounge area, and 24/7 access, ensuring comfort and functionality for its users. CirCO aims to cater to small and medium-sized enterprises by offering flexible pricing and payment terms, allowing businesses and entrepreneurs to access fully equipped office spaces without incurring high expenses. The environment encourages engagement and collaboration among members, contributing to a vibrant community for startups.

CoHive

Seed Round in 2017
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, founded in 2015 and headquartered in South Jakarta. The company operates a network of co-working spaces, co-living spaces, co-retail areas, and event venues across major cities, including Jakarta, Medan, Yogyakarta, and Bali, covering approximately 66,000 square meters. With around 9,000 members, primarily consisting of startups and small to medium enterprises, CoHive aims to foster a vibrant community that supports business growth. In addition to workspace solutions, CoHive organizes knowledge-sharing sessions and offers skill development programs, such as coding and UI/UX classes, in collaboration with relevant institutions. The company's leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.

New Action

Seed Round in 2017
New Action is Offering tastyTable online food delivery with recipes where you can enjoy a meal like a restaurant at home.

HipVan

Series A in 2015
HipVan Pte. Ltd. is an online furniture retailer based in Singapore, established in 2013. The company specializes in a diverse range of home furnishings, including living room, dining room, bedroom, study room, and outdoor furniture, as well as kitchenware and lifestyle products. HipVan's curated e-commerce platform offers design inspirations and discounts of up to 70% off retail prices, collaborating with independent designers and partners to deliver stylish, quality products. The online store facilitates a convenient shopping experience, allowing consumers to browse and purchase furniture from the comfort of their homes, with home delivery services available.

Otten Coffee

Series A in 2015
Otten Coffee is a one-stop e-commerce for coffee lovers. Customers can order everything they need to prepare the best coffee possible, including but not limited to beans, espresso machines, grinders, and specialized tools for baristas.

Hyper8

Series B in 2014
Hyper8 Inc. specializes in the development and management of a digital stamp card application. The company has been enhancing its platform, Mespo, by utilizing profits generated from the operation of social events. This strategic approach allows Hyper8 to grow its offerings while engaging with users in a dynamic and interactive environment. Through its innovative digital solutions, Hyper8 aims to streamline customer loyalty programs and enhance user experiences in various settings.
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