What is the Average Funding Invested in Indonesian Startups?

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Dwi Hadya Jayani 07/02/2020 15:01 WIB

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US$17 million in pre-Series A funding was invested in Indonesian startups. This is in addition to US$4.6 million in Series A funding and US$1 million in Series B funding.

Average Funding Value of Indonesia 2014-2019

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Average Funding Value of Indonesia 2014-2019

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The average funding invested in Indonesian startups that saw an increase only occurred in Series B. Series B funding was recorded at US$17 million, or approximately Rp232.4 billion. This figure is up 45.3% compared to the previous year's US$11.7 million.

Meanwhile, pre-Series A funding decreased by 80% to US$1 million, or Rp13.7 billion. Series A funding decreased by 6.1%, from US$4.9 million to US$4.6 million, or approximately Rp62.9 billion. For context, the total value of investment in Indonesia decreased by 40.3% from the previous year's US$3.4 million to US$2.4 million.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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