Pegasus Tech Ventures

Pegasus Tech Ventures is a venture capital firm based in Silicon Valley, founded in 2011 and headquartered in San Jose, California. The firm specializes in collaborating with emerging technology companies worldwide, assisting entrepreneurs in achieving global expansion into North America, Asia, and Europe. With a team of over 100 professionals operating across seven countries, Pegasus Tech Ventures offers a diverse range of expertise in various sectors, including consumer electronics, automotive, enterprise solutions, gaming, health, pharmaceuticals, and finance technology. The firm focuses on investing in disruptive opportunities in areas such as artificial intelligence, the Internet of Things, robotics, big data, virtual and augmented reality, and quantum computing, aiming to partner with world-class management and technical teams to foster innovation and growth.

Harumi Akimoto

Partner and COO

Chris Bae

Pegasus Korea Partner

Michael Farace

Principal

Bruce Graham

Partner

Justin Jackson

Partner

David Kuo

Pegasus Taiwan Partner

John Lim

Partner and Chief Strategy Officer

Toshitada Nagumo

Partner and Pegasus Japan CEO

Abul Nuruzzaman

General Partner

Steve Payne

Partner

Sean Ryu

Venture Partner and CEO

Yoshinori Shirono

General Partner

Ayaka Unno

Partner and Executive Officer

Anis Uzzaman

Founder and CEO

Jeff Wu

Pegasus China Partner

Past deals in Indonesia

Terra Motors

Venture Round in 2023
Terra Motors Corporation, established in 2010 and headquartered in Shibuya, Japan, specializes in designing, developing, manufacturing, and selling electric scooters and three-wheelers. The company also provides after-sales services, repairs, and maintenance through its extensive network of dealerships in Japan and various international markets, including India, Bangladesh, Vietnam, Cambodia, Myanmar, Nepal, and Indonesia. Terra Motors is recognized for its innovative electric motorcycles, such as the SEED48, which offers impressive speed and efficiency. Initially focusing on the Southeast Asian market, Terra Motors has successfully captured a significant share of the electric motorcycle sector by leveraging IoT technology to enhance its mobility solutions.

Terra Motors

Series C in 2023
Terra Motors Corporation, established in 2010 and headquartered in Shibuya, Japan, specializes in designing, developing, manufacturing, and selling electric scooters and three-wheelers. The company also provides after-sales services, repairs, and maintenance through its extensive network of dealerships in Japan and various international markets, including India, Bangladesh, Vietnam, Cambodia, Myanmar, Nepal, and Indonesia. Terra Motors is recognized for its innovative electric motorcycles, such as the SEED48, which offers impressive speed and efficiency. Initially focusing on the Southeast Asian market, Terra Motors has successfully captured a significant share of the electric motorcycle sector by leveraging IoT technology to enhance its mobility solutions.

Base

Series A in 2022
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.

Ecoxyztem

Venture Round in 2022
Ecoxyztem is a venture builder based in Indonesia, dedicated to developing scalable and impactful solutions in the fields of climate-tech and clean-tech. The company supports startups by guiding them through their development process in an agile and strategic manner. Ecoxyztem empowers ecopreneurs to address climate challenges at scale, transforming innovative products into sustainable businesses that enhance both environmental quality and quality of life.

Base

Seed Round in 2021
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.

Gojek

Series F in 2020
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.

Populix

Seed Round in 2019
Populix is a consumer insights platform based in Jakarta, Indonesia, founded in 2018. The platform connects businesses and institutions with a pool of approximately 300,000 qualified respondents, facilitating both qualitative and quantitative research. Populix supports clients throughout the entire research process, from study design and respondent recruitment to data analysis and recommendations, ensuring rapid and high-quality outputs. The platform allows users to launch studies, commission ad-hoc projects, subscribe to specialized respondent panels, and purchase pre-existing datasets and reports. This comprehensive approach enables businesses, academic institutions, and governments to access accurate and timely data for informed decision-making.

Klikdaily

Venture Round in 2019
Klikdaily is a mobile application based in Tangerang, Indonesia, that aims to enhance the fast-moving consumer goods (FMCG) supply chain for traditional retail stores, often referred to as mom-and-pop shops. The app, available on both the App Store and Play Store, facilitates the purchasing of essential everyday products by connecting users, particularly homemakers, to nearby supermarkets and popup stores. It allows customers to schedule delivery times and set reminders for purchasing household items according to their budget and preferences. By digitizing the FMCG supply chain process, Klikdaily empowers local retailers and streamlines the shopping experience for consumers, ensuring that necessary products are delivered directly to their doorsteps.

UangTeman

Series B in 2019
UangTeman is an online lending service that specializes in providing instant short-term microcredit to consumers in Indonesia. Founded in 2014, it aims to offer a convenient alternative to traditional lending models by delivering online financing solutions accessible anytime and anywhere. The platform provides unsecured loans of up to 3.5 million Rupiah, with repayment terms of a maximum of 30 days. UangTeman operates in several key regions, including Greater Jakarta, Yogyakarta, Solo, Magelang, Klaten, Bandung, Surabaya, Semarang, Bali, Makassar, Palembang, Lampung, Jambi, and Balikpapan, making it a significant player in Indonesia's financial technology landscape.

Infradigital

Seed Round in 2019
IDN is the fastest growing B2B school platform in Indonesia, providing data & financial services to thousands of schools and hundreds of thousands of students across the country.

AwanTunai

Series A in 2018
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.

Populix

Pre Seed Round in 2018
Populix is a consumer insights platform based in Jakarta, Indonesia, founded in 2018. The platform connects businesses and institutions with a pool of approximately 300,000 qualified respondents, facilitating both qualitative and quantitative research. Populix supports clients throughout the entire research process, from study design and respondent recruitment to data analysis and recommendations, ensuring rapid and high-quality outputs. The platform allows users to launch studies, commission ad-hoc projects, subscribe to specialized respondent panels, and purchase pre-existing datasets and reports. This comprehensive approach enables businesses, academic institutions, and governments to access accurate and timely data for informed decision-making.

Ahlijasa

Venture Round in 2018
Ahlijasa is an Indonesian startup focused on enhancing small laundry businesses through technology and a supportive network. The company offers a platform that allows laundry business owners to efficiently manage their operations with Point of Sales technology. Ahlijasa also connects these owners with a network of hotel clients, thereby helping them to expand their customer base. Furthermore, the platform facilitates cost savings by enabling businesses to purchase supplies efficiently from a network of laundry suppliers. By streamlining the process of finding and utilizing laundry services, Ahlijasa aims to improve the overall laundry experience for both business owners and consumers.

Infradigital

Seed Round in 2018
IDN is the fastest growing B2B school platform in Indonesia, providing data & financial services to thousands of schools and hundreds of thousands of students across the country.

Terra Motors

Series B in 2018
Terra Motors Corporation, established in 2010 and headquartered in Shibuya, Japan, specializes in designing, developing, manufacturing, and selling electric scooters and three-wheelers. The company also provides after-sales services, repairs, and maintenance through its extensive network of dealerships in Japan and various international markets, including India, Bangladesh, Vietnam, Cambodia, Myanmar, Nepal, and Indonesia. Terra Motors is recognized for its innovative electric motorcycles, such as the SEED48, which offers impressive speed and efficiency. Initially focusing on the Southeast Asian market, Terra Motors has successfully captured a significant share of the electric motorcycle sector by leveraging IoT technology to enhance its mobility solutions.

Sticar

Seed Round in 2017
Sticar, Inc. is an Indonesian company founded in 2016 that operates a digital out-of-home (DOOH) advertising platform. The application connects advertisers with motorists, allowing brands to place advertisements on vehicles. Drivers earn income by displaying these ads, receiving payment based on the distance they travel. Sticar aims to foster a mutually beneficial relationship between advertisers and car owners, enhancing brand visibility while providing an additional revenue stream for drivers. By leveraging this innovative advertising medium, Sticar contributes to creating more vibrant urban environments and raising awareness for various brand campaigns.

Ahlijasa

Seed Round in 2017
Ahlijasa is an Indonesian startup focused on enhancing small laundry businesses through technology and a supportive network. The company offers a platform that allows laundry business owners to efficiently manage their operations with Point of Sales technology. Ahlijasa also connects these owners with a network of hotel clients, thereby helping them to expand their customer base. Furthermore, the platform facilitates cost savings by enabling businesses to purchase supplies efficiently from a network of laundry suppliers. By streamlining the process of finding and utilizing laundry services, Ahlijasa aims to improve the overall laundry experience for both business owners and consumers.

Pesanlab

Convertible Note in 2017
Pesanlab is Indonesia's first online platform dedicated to lab testing and medical check-up bookings. The platform allows customers to easily order laboratory examinations, facilitating better decision-making regarding their health. By offering a simple, affordable, and convenient medical booking process, Pesanlab aims to create an online health service ecosystem that provides effective alternative solutions for the community. Through its innovative approach, Pesanlab addresses the growing need for accessible healthcare services in Indonesia.

PopLegal

Venture Round in 2017
PopLegal is an online legal platform based in Jakarta, Indonesia, founded in 2016. It simplifies the process of creating business and legal documents through its Document Generator and Document Management System. The platform caters primarily to individuals, small, and medium-sized enterprises by providing not only document creation tools but also services for managing general licenses and company formations. Additionally, PopLegal offers normative information on common legal issues encountered in daily life, making legal services more accessible and affordable for its users.

Geniee

Venture Round in 2016
Geniee Inc. is a prominent player in the AdTech and MarTech sectors, founded in 2010 by Tomoaki Kudo. Headquartered in Japan, the company operates internationally with offices in Singapore, Thailand, Indonesia, and Vietnam, while previously having a presence in the USA, China, and India. Geniee specializes in providing software-as-a-service solutions that enhance client success in digital advertising. Its offerings include the Geniee Supply-Side Platform (SSP), which facilitates comparisons of various advertising deals; the Geniee Trading Desk for integrated display ad operations; a Data Management Platform (DMP) that analyzes marketing and user data; and a Data Exchange service for delivering online and email ads using audience data. Through these services, Geniee helps clients optimize their advertising strategies and maximize revenue.

XWORK

Venture Round in 2016
XWORK operates an online marketplace that facilitates the booking of various business spaces in Indonesia, including meeting rooms, co-working spaces, training rooms, and event venues. Founded in 2016 and based in Jakarta, the platform allows users to search for and reserve spaces on an hourly, daily, or monthly basis. It caters to a diverse clientele, including property owners such as hotels, co-working space operators, and building managers, by providing access to hundreds of well-designed rooms across key cities in Indonesia. By enabling users to find and rent spaces tailored to their specific needs, XWORK enhances the accessibility and utility of short-term office and event spaces.

Ahlijasa

Seed Round in 2016
Ahlijasa is an Indonesian startup focused on enhancing small laundry businesses through technology and a supportive network. The company offers a platform that allows laundry business owners to efficiently manage their operations with Point of Sales technology. Ahlijasa also connects these owners with a network of hotel clients, thereby helping them to expand their customer base. Furthermore, the platform facilitates cost savings by enabling businesses to purchase supplies efficiently from a network of laundry suppliers. By streamlining the process of finding and utilizing laundry services, Ahlijasa aims to improve the overall laundry experience for both business owners and consumers.

Klikdaily

Seed Round in 2016
Klikdaily is a mobile application based in Tangerang, Indonesia, that aims to enhance the fast-moving consumer goods (FMCG) supply chain for traditional retail stores, often referred to as mom-and-pop shops. The app, available on both the App Store and Play Store, facilitates the purchasing of essential everyday products by connecting users, particularly homemakers, to nearby supermarkets and popup stores. It allows customers to schedule delivery times and set reminders for purchasing household items according to their budget and preferences. By digitizing the FMCG supply chain process, Klikdaily empowers local retailers and streamlines the shopping experience for consumers, ensuring that necessary products are delivered directly to their doorsteps.

Jurnal.id

Series A in 2016
Journals provide online accounting software that is secure and reliable for small and medium enterprises in Indonesia . They strive to give entrepreneurs the freedom of the complexity of administration , operation , and taxation in order to focus on doing the most important thing to grow their business . This will be achieved by creating an effective technology that is extremely easy to use. Journals available sebagaai services that can be accessed from anywhere with a connection via internet or WiFi . By Journal , no longer need to download or install anything on your computer. There is no cost to start or upgrade , get free updates automatically, and does not need a contract . You just need to register , log in , and start working on your business bookkeeping anytime, anywhere . Journals businesses run better wear as much to save time in the process of administration and operations .

Geniee

Series D in 2015
Geniee Inc. is a prominent player in the AdTech and MarTech sectors, founded in 2010 by Tomoaki Kudo. Headquartered in Japan, the company operates internationally with offices in Singapore, Thailand, Indonesia, and Vietnam, while previously having a presence in the USA, China, and India. Geniee specializes in providing software-as-a-service solutions that enhance client success in digital advertising. Its offerings include the Geniee Supply-Side Platform (SSP), which facilitates comparisons of various advertising deals; the Geniee Trading Desk for integrated display ad operations; a Data Management Platform (DMP) that analyzes marketing and user data; and a Data Exchange service for delivering online and email ads using audience data. Through these services, Geniee helps clients optimize their advertising strategies and maximize revenue.

Indoproc

Venture Round in 2015
Indoproc, established in 2015 and headquartered in Indonesia, focuses on enhancing the efficiency of the procurement process through its e-procurement platform. The company aims to streamline the purchasing of indirect materials while also reducing costs. Its platform not only facilitates the procurement of goods and services but also enables users to collaborate on strategic initiatives and manage daily operations effectively. Indoproc's services are designed to improve performance in procurement activities, making the buying process quicker and more cost-effective for its clients.

HijUp

Seed Round in 2015
HijUp is an online fashion and lifestyle e-commerce platform specializing in Islamic fashion, particularly for Muslim women. The company offers a diverse range of products including hijabs, clothing, and accessories designed by Indonesian Islamic fashion designers. By acting as an intermediary between designers and global buyers, HijUp enables designers to enhance their profitability while simplifying the shopping experience for customers. The platform features a variety of items such as square hijabs, scarf caps, long dresses, blazers, skirts, and accessories like masks, brooches, socks, and necklaces. HijUp aims to empower Muslim women to express their style while adhering to their cultural values, promoting the idea that they can look fashionable and feel confident in their attire.

Alodokter

Seed Round in 2015
Alodokter is a digital health platform based in Indonesia that offers a comprehensive range of services aimed at enhancing patient care. The platform facilitates telemedicine services, allowing patients to connect with qualified doctors for consultations. In addition to this, Alodokter provides users with credible health information, supportive communities, and detailed reference materials covering various health topics. By enabling appointment booking and offering resources about illnesses, treatments, and healthy living, Alodokter empowers individuals to make informed health decisions, particularly in emergency situations. The platform is designed to improve accessibility to quality healthcare information and professional medical support for users across Indonesia.

HijUp

Seed Round in 2015
HijUp is an online fashion and lifestyle e-commerce platform specializing in Islamic fashion, particularly for Muslim women. The company offers a diverse range of products including hijabs, clothing, and accessories designed by Indonesian Islamic fashion designers. By acting as an intermediary between designers and global buyers, HijUp enables designers to enhance their profitability while simplifying the shopping experience for customers. The platform features a variety of items such as square hijabs, scarf caps, long dresses, blazers, skirts, and accessories like masks, brooches, socks, and necklaces. HijUp aims to empower Muslim women to express their style while adhering to their cultural values, promoting the idea that they can look fashionable and feel confident in their attire.

Terra Motors

Venture Round in 2014
Terra Motors Corporation, established in 2010 and headquartered in Shibuya, Japan, specializes in designing, developing, manufacturing, and selling electric scooters and three-wheelers. The company also provides after-sales services, repairs, and maintenance through its extensive network of dealerships in Japan and various international markets, including India, Bangladesh, Vietnam, Cambodia, Myanmar, Nepal, and Indonesia. Terra Motors is recognized for its innovative electric motorcycles, such as the SEED48, which offers impressive speed and efficiency. Initially focusing on the Southeast Asian market, Terra Motors has successfully captured a significant share of the electric motorcycle sector by leveraging IoT technology to enhance its mobility solutions.
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