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TuringSense, Wearable Sports Technology Start-up, Raises $3M in Seed Funding

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Source : Reuters TuringSense, Wearable Sports Technology Start-up, Raises $3M in Seed Funding Investors Hail From Angel Plus, China Rock Capital, Ideosource and More CAMPBELL, CA–(Marketwired – Nov 18, 2015) – TuringSense, a Silicon Valley pioneer of wearable sports technology, announced today that it completed a $3 million round of seed funding. Participating in the […]

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Indonesian electronics e-tailer Bhinneka raises $22m from local VC Ideosource, plans IPO

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source : DealStreetAsia Bhinneka.com, an Indonesia-based online store and market leader in electronics-related products, has secured an investment of Rp300 billion ($22.06 million) from local VC firm Ideosource. The company will use the funds to ramp up its marketing efforts, and become a dominant player in more product categories.The round is Ideosource’s largest startup investment […]

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Indonesia’s Stockbit raises seed round from Ideosource

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Source : e27 “The Indonesian stock market, as with most emerging markets, is inefficient. This is partly due to the lack of available data and easy-to-access technology,” said Wellson Lo, Co-Founder and CEO of Stockbit. “We believe by having an analytics platform online, coupled with quality data, it will help empower the market through better […]

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Indonesian IoT startup eFishery gets pre-Series A funding from Aqua­spark, Ideosource

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Source : DealStreetAsia Indonesia based eFishery, a smart fish feeder manufacturer, has received an undisclosed funding in a pre­-series A round led by Aqua­spark, a Utrecht (the Netherlands) ­based aquaculture investment fund, and Indonesian venture capital firm Ideosource. As an Internet of Things (IoT) startup for fish and shrimp farming, the Indonesian firm is tackling […]

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Indonesian fashion ecommerce site 8wood pulls seed funding

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by: TechInAsia 8wood, a fashion ecommerce site for women in Indonesia, announced today that it raised an undisclosed amount of seed funding from local venture capital firm Ideosource. The startup will use the newly-acquired capital for recruitment, marketing, and product development. “We are looking for investors that are able to give mentorship as well as […]

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Indonesia – The Emerging Startup Nation

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7 Building Blocks to Foster the Indonesia Startup Ecosystem by : Andi S Boediman Before I lay out the seven building blocks that we need to foster the Indonesia startup ecosystem, let me explain where Indonesia’s tech industry stands at the moment relative to its neighbors. Late last year, I was invited to Korea as […]

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Indonesian jewelry shopping site Orori grabs seven-figure funding led by Ideosource

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source: TechInAsia Indonesian jewelry ecommerce site Orori announced today that it received a seven-figure pre-series A investment led by local venture capital firm Ideosource, and followed by IMJ Investment Partners, East Ventures, and 500 Startups. Orori will use the new funds to incorporate more products and services into its operation. “We believe it will speed up our company growth, and we […]

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5 Tips to Build Your Startup Business

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By : Andi S Boediman In those early days of Internet startup, I share some hard lessons when running a few companies both successfully and not. Hopefully these lessons remain true today. I wrote this piece during the early Indonesia startup days. I repost this with a few update. Startup Lokal is a regular startup meetup […]

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