Indonesia’s Angin funds three new startups, adds more angels

Photo from ANGIN website

Indonesian angel investment network Angin said it has distributed some undisclosed amount of funding to three new startups. At the same time, the network announced new investors and advisors to their organisation.

The three startups that became Angin’s latest additions are maps platform Landmapp, marketing and directory app Qontak, and healthcare training provider Summit Healthcare.

Landmapp

Landmapp received a pre-seed round of funding from Angin and other angel investors from across Europe and Asia.

Based in Amsterdam, Landmapp helps provide smallholders farmers with documentation of their land. Often, these farmers hold little to no rights to their own land, let alone access to technical and financial services to improve their livelihoods.

Landmapp unlocks the value of land by creative reliable data products for the farmers, buyer, and service provider. They educate farmers on the importance of land tenure,verify their identity, validate the land claim with neighbours, submit the claim to the authorities, and place the final product in their hands.

Qontak

Qontak is a Jakarta-based business directory platform that collects business details for marketing executives. It is aimed at helping individuals or companies with their sales, marketing and research.

The company received an undisclosed amount of seed funding led by Indonusa Dwitama along with other angel investors from Angin. The funds will be used to grow user base, expand technology, and build a database.

Summit Healthcare

Summit Healthcare provides training and education to local healthcare professionals, particularly nurses. Also an authorised international training centre for the American Heart Association, it feeds the latest best practices and up-to-date care techniques to users.

The company secured a seed round of funding led by Sovereign’s Capital and Maloekoe Ventures.

New website, angels

Along with the new companies, Angin welcomed five new angel investors and advisors. It also introduced a new website and logo.

The angel investors are Veronica Colondam (Founder YCAB Foundation), Victor Fungkong (Chairman of Indonusa Groups operation and first investor in Tokopedia, previously the managing partner of leading law firm Makarim & Taira S.), Metta Murdaya (Co-founder of skincare company JUARA Skincare), Edy S. Tan (Chairman of the Twin Focus Tech Initiative in Southeast Asia, who recently co-founded and co-chaired Medan Tech Valley), and Julio Arias (a diplomat in Jakarta).

Meanwhile, the new advisors are Luke Roush (Sovereign’s Capital), Adrian Li (Convergence Ventures), Yansen Kamto (Kibar), and Michael Goldberg (Case Western Reserve University).

Angin now consists of a group of 34 investors and 11 portfolio companies in total.

Also Read:

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Despite unfamiliarity with angel investing in Malaysia, most angels achieve investment goals: Survey

Hyderabad-based ed-tech firm GreyCampus raises $1m angel funding

China’s biggest angel fund ZhenFund bets on boom led by young consumers

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.