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Indonesian recommerce startup secures pre-seed funding
Liquid8, a startup based in Indonesia, has secured pre-seed funding from SPIL Ventures.
The funding will enhance its recommerce solutions aimed at reducing overstock waste while supporting Indonesian micro, small, and medium enterprises (MSMEs).
Founded in 2023 by Mike Roosevelt and Niko Abdulrachman, Liquid8 is addressing inefficiencies in the ecommerce and waste management sectors.
The company has reported processing over 2,700 tons of overstock in 2024.
It redirects unsold items to the wholesale market, providing affordable inventory for small businesses.
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