Fundraising FoxSMDV
Corporate VCJakarta · Seed–Series B · 3 people tracked
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Investment thesis
SMDV is a private venture firm founded in 2017 that operates in close collaboration with the Sinar Mas Group. It concentrates on the digital ecosystem and is embedded in Indonesia's digital economy, aiming to drive value creation both for its portfolio and within the broader Sinar Mas Group. The firm positions itself as distinct from a conventional VC, emphasizing strategic support and collaboration alongside investment.
Source: firm website, verified Aug 3, 2026.
Team · 3 people
from the firm's website
What they invest in
from 11 of 13 portfolio companiesEnterprise Software ×4Fintech ×4SaaS ×4E-commerce ×3FoodTech ×3AgTech ×2AI & Machine Learning ×2B2B Marketplaces ×2
HQs:Indonesia×8Japan×1South Korea×1Singapore×1United States×1
Investments · 13 tracked
founders shown can be your intro pathBy year:2022 · 42021 · 12020 · 12019 · 22018 · 210 dated
Aruna is an Indonesian fisheries technology company that connects local fishermen to broader domestic and export markets through technology, and works to raise fishers' incomes while empowering coastal communities.
AgTechB2B MarketplacesE-commerceFoodTechImpact & Social GoodLogistics & Supply ChainJakarta, ID
Farid Naufal Aslam(Founder)Indraka Fadhillah(Founder)Indraka Fadhlillah(Founder)Utari Octavianty(Founder)
Co-investorsAC VenturesCapria VenturesIndogen CapitalK3 VenturesK3V VenturesVertex Ventures Sea Management Pte. Ltd.+2 more
Fore Coffee operates a chain of coffee shops offering coffee, food (Fore Deli), a children's non-coffee menu (Fore Junior), and donuts, along with a mobile app for loyalty and online ordering.
ConsumerDirect to ConsumerFoodTechJakarta, ID
Co-investorsEast VenturesAC VenturesAgaeti VenturesMSA NovoInsignia Ventures Partners
GokoBiz is a B2B procurement platform that connects corporate buyers with verified agricultural product suppliers across Indonesia.
AgTechB2B MarketplacesE-commerceLogistics & Supply ChainSaaSJakarta, ID
William Pramana(Founder)in
Co-investorsIndogen CapitalK3 VenturesK3V VenturesEast VenturesEight CapitalTriputra Group
San Francisco, US
Georgi Ferdwindra Putra(Executive Officer, Director)Fredy Yanto(Founder)in
BoardCarmen Chang(Director)inWeili Dai(Director)Nicholas Sutardja(Director)
Co-investorsNew Enterprise Associates (NEA)East Ventures
Hacktiv8 is an intensive coding bootcamp and corporate training provider that offers upskilling and reskilling programs in digital technologies, AI, and business skills to individuals and enterprises in Indonesia.
AI & Machine LearningEdTechFuture of WorkHR TechIndonesia, ID
Co-investorsAC VenturesSkystar CapitalConvergence VenturesEast VenturesSovereigns Capital Venture
Jutsoo builds AI agents that automate repetitive bookkeeping tasks, allowing accountants and bookkeepers to focus on judgment and advisory work.
AI & Machine LearningEnterprise SoftwareFintechSaaSJakarta, ID
Mario Gaw(Founder)inKristian F H Sinaulan(Founder)in
Co-investorsOCBC NISP VenturesY CombinatorCentral Capital VenturaEast VenturesMDI VenturesMyAsiaVC+1 more
Mapan runs an Indonesian payments and lending network aimed at low-income households.
ConsumerE-commerceRetail Tech
Vinsensius Adhitya
Co-investors500 GlobalPatamar CapitalBRI VenturesFlourish VenturesPrasetia Dwidharma
Omise AI provides payment APIs and software that let businesses accept payments and financial institutions build financial products, including tools for payment processing, analytics, and automation across multiple programming languages.
Developer ToolsEnterprise SoftwareFintechSaaS
Ezra Don HarinsutinJun Hasegawain
Co-investors500 GlobalGolden Gate VenturesMars Growth CapitalSCB 10XEast VenturesGlobal Brain+1 more
StickEarn is an advertising technology platform that combines out-of-home (OOH) and digital advertising to help brands reach and engage customers in Indonesia.
AdTechJakarta, ID
Garry Limanata(Founder)in
Co-investorsAC VenturesAgaeti VenturesEast VenturesGrab
Tigris Investment is an investment firm that provides financing, venture investment, and management consulting services to technology-focused companies and startups.
FintechSector AgnosticSeoul, KR
Jung Young-go
Co-investorsPearl Abyss CapitalEast VenturesIntudo VenturesNaverSTIC Investments
Platform for content creators to engage audiences and monetize interactions across Southeast Asia.
Co-investorsEast VenturesVertex Ventures Sea Management Pte. Ltd.
Wallex offers a modular cross-border payments and FX platform with APIs that fintechs can integrate into their tech stack for remittance processing and global collections accounts.
Enterprise SoftwareFintechSaaSSingapore, SG
Hiroyuki KigaJody Ong(Founder)in
Co-investors500 GlobalSkystar Capital
Yummy Corp provides tailored food facility management services including daily catering, food court operations, and custom branded outlets for corporates, offices, schools, and hospitals in Indonesia.
Enterprise SoftwareFoodTechJakarta, ID
Mario Suntanu(Founder)inMarbio Suntanu(Founder)inMarius Suntanu(Founder)in
Co-investorsAC VenturesAgaeti VenturesAppWorks VenturesQuest VenturesAppWorksBRI Ventures+7 more
Portfolio news
latest coverage across their companiesFrequently asked questions
- How many investments has SMDV made?
- SMDV has 13 tracked investments.
- What stage does SMDV invest at?
- SMDV invests at the Seed, Series A, Series B stages.
- What sectors does SMDV focus on?
- SMDV focuses on E-commerce, SaaS.
- Where is SMDV located?
- SMDV is headquartered in Jakarta, ID.
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