About Maloekoe Ventures
Maloekoe Ventures is a venture capital firm founded in 2015. It is primarily based out of Jakarta, Indonesia. As of Mar 2019, Maloekoe Ventures has invested in 12 companies. It primarily invests in Seed round in Indonesia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of The Shonet Overall, Maloekoe Ventures portfolio has seen 1 unicorn and 3 acquisitions including key companies like eFishery, iflix and Bizzy. A lot of funds co-invest with Maloekoe Ventures, with names like Golden Gate Ventures sharing a substantial percentage of its portfolio. Maloekoe Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Unicorns
Maloekoe Ventures' List of Top Investments
Maloekoe Ventures has a portfolio of 12 companies, one of which is a Unicorn. Their most notable investments are in Jojonomic and eFishery.Their portfolio spans across Indonesia, United States, Malaysia and 2 more locations. They have invested in Enterprise Applications, Consumer, Retail and 13 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Maloekoe Ventures:
1. Beam
Operator of shared electric scooter networks for urban transportation needs. These systems provide short-term rental access to motorized vehicles for travel within city environments. Users locate and unlock equipment through mobile applications to facilitate transit between points. The service includes maintenance and management of the vehicle fleet to ensure availability for public use.
Key facts about Beam
- Founded Year: 2018
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2019
- Stage: Series B
- Total Funding till date: $135M
- Employee Count: 190 as on Jul 31, 2026
- Investors: Affirma Capital, Innoven Capital and 33 Others
- Latest Funding Round: Series B, Feb 25, 2022, $*****
- Highlight: Editors' Pick
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2. aCommerce
Provider of end-to-end e-commerce solutions, encompassing management and business insights. The company offers online store operations, brand management, and marketing services. It also provides customer service solutions, consultation, and training. The company develops online stores and offers warehouse and order fulfillment services. It provides live stream solutions, business intelligence, and engagement management. The company integrates systems and platforms for a unified experience.
Key facts about aCommerce
- Founded Year: 2013
- Location: Bangkok (Thailand)
- Annual Revenue: $100M - $500M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $119M
- Employee Count: 994 as on Jul 31, 2026
- Investors: CyberAgent Capital, Sinar Mas and 17 Others
- Latest Funding Round: Series C, Jan 14, 2020, $*****
- Highlight: Editors' Pick
3. eFishery
Provider of technology solutions for sustainable aquaculture. It offers innovative products and services to support sustainable fish and shrimp farming practices. The company utilizes IoT-enabled devices and a smartphone app to automate and streamline the feeding process for farmers, enhancing efficiency and productivity.
Key facts about eFishery
4. iflix
Subscription-based video-on-demand platform. The company claims to focus on first-run local movies and original programming and offers content spanning multiple categories like movies, TV shows, drama, kids entertainment, among others.
Key facts about iflix
- Founded Year: 2014
- Location: Kuala Lumpur (Malaysia)
- Annual Revenue: $10M - $50M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $348M
- Employee Count: 84 as on May 31, 2026
- Investors: Liberty Global, FS Investors and 17 Others
- Latest Funding Round: Series D, Jul 22, 2019, $*****
- Highlight: Acquired
5. Agate
Developer of mobile-based casual games. It also develops games for multiple platforms including PC, Console, mobile, and web. It has developed a game known as Valthirian Arc -Red Covenant. It offers its clients services for creating games such as Petualangan CIKA, Pasien Terakhir, and Next Door Land. It also runs its own gaming academy to teach students on various aspects of gaming.
Key facts about Agate
- Founded Year: 2009
- Location: Bandung (Indonesia)
- Stage: Seed
- Total Funding till date: $1M
- Employee Count: 358 as on Jul 31, 2026
- Investors: Maloekoe Ventures, Central Capital Ventura and 1 Other
- Latest Funding Round: Seed, Apr 04, 2016, $*****
- Highlight: Editors' Pick
Maloekoe Ventures' Year-on-Year Investment Trends
Maloekoe Ventures has invested in 12 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in The Shonet.Maloekoe Ventures' Investments by Stage
Maloekoe Ventures has made 5 investments in Seed stage with an average round size of $3.7M and 3 investments in Series A stage with an average round size of $5.83M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 3 |
Note: We have considered here, only first round of investments
Maloekoe Ventures' Investments by Sector
Maloekoe Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and Vertical SaaS. Notably, it has invested in 12 Tech companies, 9 Enterprise (B2B) companies, 8 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 2 |
High Tech | 2 |
Retail | 2 |
Vertical SaaS | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Maloekoe Ventures' Investments by Geography
Maloekoe Ventures has made most investments in Indonesia (6), followed by Singapore where it has made 1 investment.Country | No. of Investments |
|---|---|
Indonesia | 6 |
Singapore | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Maloekoe Ventures' recent investments
Maloekoe Ventures has not made any investment in 2026 so far.Here are the most recent investments by Maloekoe Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2019 | Indonesia | Seed | 8185 | - | |
Nov 13, 2018 | Indonesia | Series A | 8762 | [+5] | |
Oct 23, 2018 | Singapore | Seed | 2178 | [+10] | |
Apr 11, 2018 | United States | Series A | 7129 | [+8] | |
Oct 17, 2016 | Indonesia | Seed | 6948 |
Unicorns in Maloekoe Ventures' Portfolio
Maloekoe Ventures has 1 unicorn in its portfolio - eFishery. The most recent unicorn in their portfolio is eFishery which became a unicorn in 2023, 4 years after Maloekoe Ventures first invested in it.Here is a list of unicorns in Maloekoe Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of technology solutions for sustainable aquaculture | 2013 | Bandung | Series D | oqqgbjr |
Acquired companies in Maloekoe Ventures' Portfolio
3 companies from Maloekoe Ventures' portfolio have been acquired. The most recent acquisition was Jojonomic in Jun 2024 by Mekari for $*****.Here are Maloekoe Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2024 | Sep 19, 2016 | Series A | 3113 | |
Feb 24, 2021 | - | - | 1911 | |
Jun 25, 2020 | - | - | 9322 |
Team profile of Maloekoe Ventures
Maloekoe Ventures has a team of 1 member located in Indonesia. Maloekoe Ventures' team does not sit on the board of any company as of now.Co-investors of Maloekoe Ventures
Over the past 11 years, 58 investors have co-invested in Maloekoe Ventures's portfolio companies. This includes funds and angels.
- Invested before Maloekoe Ventures: Aqua Spark, Seedstars and 2 others have invested in rounds before Maloekoe Ventures. There is 1 company where Aqua Spark has invested before Maloekoe Ventures and 1 company where Seedstars has invested before Maloekoe Ventures.
- Top Co-investors of Maloekoe Ventures: 28 investors entered a company along with Maloekoe Ventures. These include investors like Golden Gate Ventures (2 companies).
- Invested after Maloekoe Ventures: A total of 26 investors have invested in Maloekoe Ventures's portfolio after their investments. Top Investors include Affirma Capital (1 company), EDBI (1 company) and RTP Global (1 company).
Recent News related to Maloekoe Ventures
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Southeast Asian VC Maloekoe Ventures eyes $100m corpus for next fundDeal Street Asia•Mar 11, 2019•Maloekoe Ventures
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In brief: Indonesian aquaculture startup eFishery nets $4m fundingTech in Asia•Nov 13, 2018•eFishery, Aqua Spark, Wavemaker Partners, 500 Global and 4 others
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E-scooter service gets $6.4m from prominent investors to launch in SingaporeTech in Asia•Oct 23, 2018•Beam, Sequoia Capital, Founders Fund, Zhen Fund and 8 others
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Ex-Uber executive scores $8.8m funding to bring e-scooters to SingaporeThe Straits Times•Oct 23, 2018•Beam, Sequoia Capital, Founders Fund, Zhen Fund and 8 others
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Element wants to give identity to the whole world, raising $12M Series ATechCrunch+•Apr 11, 2018•Element AI, Element, PTB Ventures, GDP Venture and 8 others
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ANGIN begins afresh with new investors, advisors, and portfolio companiese27•Jun 20, 2016•ANGIN, YCAB, JUARA, Sovereign's Capital and 4 others
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Agate Studios raises $1m from Maloekoe VenturesDeal Street Asia•Apr 04, 2016•Agate Studio, Maloekoe Ventures
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