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East Ventures unveils platform for AI innovators in Indonesia
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East Ventures unveils platform for AI innovators in Indonesia

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East Ventures, a venture capital firm in Southeast Asia, has launched IndoBuild AI, a platform designed to promote AI innovation in Indonesia.

The initiative aims to connect AI talents and industry stakeholders to create practical AI solutions.

The program will kick off with a workshop on Feb. 26, led by experts from AWS, Alibaba Cloud, and Google, who will outline the format for the Demo Day competition.

Participants will have until March 5, to develop their AI solutions.

Shortlisted innovators will be announced on March 10, and a Demo Day will take place on March 13, where selected participants will present their ideas to a panel of judges.

Two winners will receive cash prizes and additional benefits.

Recent East Ventures developments

Timeline
10-Feb-2025 🌏 East Ventures, SV Investment launch tech startup fund
  • East Ventures and SV Investment launch joint fund.
  • Targets tech startups in Southeast Asia and South Korea.
21-Jan-2025 💼 East Ventures secures secondary transaction with Coller
  • East Ventures completes first GP-led secondary deal
  • Achieves 2.0x DPI ratio for limited partners
13-May-2024 🌱 East Ventures backs $2.7m round of Indonesian climate tech startup
  • Jejakin raises $2.7M for climate tech innovations
  • Funds to enhance tech research and market expansion
07-May-2024 🍽️ East Ventures, Genesia Ventures lead $1m round of Indonesian F&B tech firm
  • Runchise secures $1M funding for expansion
  • Indonesian foodservice market to reach $103.76B by 2029

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