SMDV
Corporate VCJakarta · Seed–Series B · 3 people tracked
Find your way into SMDV
239 people in our graph share verified history with the SMDV team — schools, employers, funds. One of them is your warm intro.
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 6 of 8 portfolio companiesFoodTech ×3Enterprise Software ×2AdTech ×1AgTech ×1AI & Machine Learning ×1B2B Marketplaces ×1Consumer ×1Direct to Consumer ×1
HQs:Indonesia×5Singapore×1United States×1
Investments · 8 tracked
founders shown can be your intro pathBy year:2022 · 22021 · 13 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
Co-investorsAC VenturesCapria VenturesIndogen CapitalK3 VenturesVertex Ventures Sea Management Pte. Ltd.Prosus Ventures
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
San Francisco, US
Georgi Ferdwindra Putra(Executive Officer, Director)Fredy Yanto(Director)
BoardCarmen Chang(Director)Weili Dai(Director)Nicholas Sutardja(Director)
Co-investorsEast VenturesNew Enterprise Associates (NEA)
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
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
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)in
Co-investorsAC VenturesAgaeti VenturesAppWorks VenturesQuest VenturesAppWorksBRI Ventures+3 more
Portfolio news
latest coverage across their companiesGravel · reformer.com · Jul 22, 2026
Aruna · local12.com · Sep 1, 2025
Frequently asked questions
- What stage does SMDV invest at?
- SMDV invests at the Seed, Series A, Series B stages.
- What is SMDV's typical check size?
- SMDV typically writes checks of $1.5M – $45M.
- 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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