Startup with IBM

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Andrew Tanner Setiawan is the co-founder and CEO of Karta, a motorcycle-mounted billboard startup. After spending his early years in New Zealand, Andrew returned to Indonesia to finish high school before attending Pasadena Community College and Loyola Marymount University in the US, graduating with a bachelor's in Business Administration. After returning to Indonesia after graduation, he worked at several companies and opened a restaurant and bar before eventually establishing Karta in 2016.

Yogyakarta-born Evan Purnama pursued higher education in Singapore and graduated from Nanyang Technological University (NTU) in 2012 with a degree in Electrical and Electronics Engineering. In 2013, he joined a group of NTU graduates to establish Qiscus, a startup that provides internal communication solutions for businesses and apps. He is the CTO of Qiscus that has now expanded to provide messaging and customer service platforms for a diverse range of corporate clients.

Between 2009 and 2013, Pulung Nurtantio was the director of business development at TVKU, a local TV station in Semarang, Central Java. His appointment coincided with his doctorate studies in Information Technology at Institut Teknologi Sepuluh Nopember, Surabaya. In 2017, Pulung co-founded and became an advisor to Madhang, a home chef meal service startup. Pulung earned his bachelor's in Information Technology at Universitas Trisakti in Jakarta and his master's at Universitas Dian Nuswantoro in Central Java.

Upon graduating from Shanghai Jiao Tong University in 2003 with a bachelor's degree in Mechanics, Alex Gu joined National Instruments, where he worked on data collection, signal processing, instrument testing and system integration. He started developing rehab robots in 2009 and founded Jinghe Robot in 2012. The startup, developer of rehab robot Flexbot, was acquired by rehab device manufacturer QJ Rehab in 2015. Gu founded Fourier Intelligence in July 2015 and has served as CEO ever since.

Bo Chen is a talented programmer specializing in web development. He graduated from the University of California with a double degree in electrical engineering and computer science. He worked as a web development intern at various companies while studying in the US. He graduated in 2014 and worked briefly at web marketing firm Brandcast and fintech startup Ripple. In 2015, he joined fellow UC Berkeley alumnus Moses Lo to establish Xendit, a payment platform for Southeast Asia.

Founded in 2010, Merah Putih is Indonesia’s first startup incubator. The Jakarta-based incubator focuses on mobile, gaming, community base and e-commerce. Its investment portfolio includes Infokost.id, Dailysocial and LintasBerita. Merah Putih is a collaboration between MCM Group and GDP Venture.

CEMEX Ventures is the investment arm of global Mexican cement giant CEMEX and was established in 2017 with offices in Mexico, Spain, Colombia and China. It focuses exclusively on tech and non-tech solutions to painpoints in the construction sector. Every year, together with global management consultant Boston Consulting Group and startup monitoring platform Tracxn, it names its 50 Most Promising Startups in the Construction Ecosystem, investing in a few of the companies cited. It currently has 12 companies in its portfolio.Its most recent investments have included an undisclosed contribution to the funding round of US soil marketplace Soil Connect in 4Q 2020 and in the $1.7m July 2020 Series A round of US recycling company Arqlite. 

Bamboo Capital Partners is an impact investment company that focuses on supporting energy access, finance and healthcare-related ventures in developing countries. The company manages 10 investment funds across Asia, Africa, and Latin America, with companies in Indonesia, India, Kyrgyz Republic, and Brazil having received investments from this company.  Bamboo Capital Partners states that their portfolio healthcare companies have served 3.4m patients, and 9.68m metric tons of CO2 emissions have been avoided through the use of solar panels and green energy championed by their startups.Bamboo Capital Partners have worked with governments and major investment groups to support the fulfillment of SDG goals through startup investing. In 2020, Bamboo Capital Partners was appointed by the government of Madagascar and the World Bank as the fund manager for the $40m Off-Grid Market Development Fund. Bamboo is also a partner of the Palladium Group, which owns a minority stake in the VC.

Founded over 110 years ago from several small agricultural cooperative banks, the Dutch commercial banking group Rabobank has over 10m customers across 47 countries. The banking group’s Rabo Investments vehicle manages Rabo Ventures with a €120m fund investing globally in early-stage fintech and agtech startups. There is also a €30m fund-of-funds to partner with leading VCs in other funding rounds like the $12m funding round of Dutch e-scooter company GO Sharing.The Rabobank Food & Agri Innovation Fund specializes in supporting enterprises involved in creating sustainable solutions for diverse food and agricultural sectors including livestock farms. Rabo F&A Innovation Fund currently has 11 agri-foodtech startups in its portfolio, including participation in a $12m Series A round of Vence, US-based virtual fencing tech company for livestock management.

Founded in Moscow in 2021 by Sergey Azatyan who has worked in investment banking since 1999, Inventure Partners currently has nine portfolio companies across diverse market segments in Europe. In March 2019, the VC took a stake in the €5m Series A round of German car-sharing platform MILES Mobility. Inventure joined Refurbed’s $17m Series A round in March 2020 and also in the Series B round in August 2021. Two investees, insurtech Lemonade and medtech Amwell, were listed via IPO in 2020 with Lemonade reported to have achieved the strongest IPO debut in 2020 for a US company. The newly-formed VC has also successfully managed five exits: Busfor, fogg, Getgoing, 2can and Netology. It also partially exited Gett.

Established in August 2015 in Beijing, AC Accelerator is a startup incubator. CEO Xu Yong is also the executive director of Angel Camp, China's first non-profit organization that trains angel investors. In addition to funding, AC Accelerator also offers startups resources such as mentors and access to qualified suppliers.

Tunas Nusantara Kapital, also known as TNKapital, is an Indonesian early stage venture capital firm founded in 2017. TNKapital has invested in payroll software startup Gadjian, logistics and fulfilment firm Pakde, as well as employee attendance and management software Hadirr. Like many early stage venture capital firms, TNKapital also provides mentorship and networking support to its portfolio companies. 

Zurich-based Übermorgen Ventures was founded in 2019 to invest in climate-change startups that focus on reducing greenhouse gas emissions. The VC has invested in five startups including recent participation in the €500,000 seed investment of German low-cost solar provider Sunvigo in January 2021 and the $6.2m seed round of Finnish biocarbon startup Carbo Culture in April. 

Sun received his bachelor's in Electrical, Electronics and Communications Engineering at Beijing University of Post and Telecommunications. In 2012, he and future co-founder of Codemao Li Tianchi both began a European master's program in Human Computer Interaction. Sun worked with Li and other students to build a software called Settler in 2013, which helped international students studying in France find banks, apartments, etc. Both Sun and Li were kicked out of the startup due to differences of opinion. In 2014, just months before Sun would have graduated in 2015, he quit the program, giving up three degrees, returned to China and founded Codemao with Li.

Born in 1982, Chen Qi graduated from Wuhan University with a bachelor’s degree in Remote Sensing in 2005, the same year as fellow alumnus Gong Huaze. Both became co-founders of McFly, with Chen as COO in December 2016.After graduation, Chen moved to Beijing and worked at NavInfo, a digital map supplier under the state-owned China Aerospace Science and Technology Corporation (CASC). He also earned a master’s in Photogrammetry and Remote Sensing at Wuhan University while working at NavInfo. In 2013, he worked at Alibaba Mobile Business Group as a product manager until he left to establish agtech startup McFly.

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