DELIVERING IMPACT
IN INDONESIA, SUSTAINABLY.
Invest
DELIVERING IMPACT
IN INDONESIA, SUSTAINABLY.
Invest

ARCHIPELAGO VC is inviting you to build a US$25m portfolio of scalable, impact investments in Indonesia.

Leveraging a purpose-built ecosystem.

AVC has an integrated network of strategic partners that actively support the growth of the fund’s portfolio, both pre- and post-investment, ensuring a strong inflow of new pipeline opportunities and well as value-adding support

IMPACT
INCUBATORS

Incubators  that support impact entrepreneurs through innovative programs enabling and empowering them on their early  journey.

PIPELINE FACTORY

VENTURE BUILDING
PROGRAM

VENTURE BUILDING

A support network of expert mentors that  include members outside of AVC to scale up our portfolio & help startups become investable.

ANGELS + FOUNDERS

An ad-hoc national monthly event  that provides a consistent flow of high-quality companies looking for partnerships &  capital.

ANGELS+

FOUNDERS

PIPELINE
FACTORY

ANGEL NETWORK
CO-INVESTOR

BALI INVESTMENT CLUB

Hands-on angel Network that will co-invests with AVC. Indonesia’s No1 impact angel network diminishing the fund’s risk.

Why does Indonesia need AVC?

Indonesia is one of the largest waste generators in the world. In particular, when it comes to food waste and plastic waste.
Source: Ministry of National Development & Jakarta Post
BAPPENAS, Embassy of Denmark, UNDP - Benefits of Circular Economy in Indonesia (2021) / 2) Jakarta Post - Waste Reduction and Circular Economy Acceleration (2022)
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Indonesia's CO2 emissions doubled from 2000 to 2021, placing it in the top 10 highest emitting nations in the world.
Source: Our World in Data & International Energy Agency
Our World in Data - CO2 country profile: Indonesia (2023) / 2) International Energy Agency - Energy Sector Road Map Net Zero Indonesia
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56.5 million people in Indonesia (20 % of the population) live on less than US$ 3.65 per day
Source: World Bank
The World Bank - Poverty & Equity brief Indonesia (2023).
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Our investment strategy focuses on 3 impact goals for Indonesia, PROFITABLY.

MAXIMISE WASTE
RECOVERY

MINIMISE CO2
EMISSIONS

MAXIMISE EARNINGS
FOR POOR PEOPLE

For every US$ 1 invested our investee companies will be able to…
Recover and save 20 kilograms of waste. 
This is equivalent to a price of US$50 per tonne of waste recovered or avoided.

Avoid 30 kilograms of CO2(e) emissions.

This is equivalent to a price of US$33 per tonne of CO2e emissions avoided.

Generate US$7 of earnings for people living at or below the minimum wage level.

This is equivalent to a price of US$0.15 per dollar generated for the people living at or below minimum wage level.

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Who is managing the fund?

A world-class leadership team.​

Our multidisciplinary leadership team brings an effective mix of investment experience, a deep understanding of indonesia and operational expertise; ensuring that AVC can successfully execute on investment opportunities. 

PRADITA ASTARINA

PARTNER AVC

MBA & M.Phil from Cambridge, Pradita is also a Venture Partner of Strategic Year Holdings Ltd, a Hong Kong-based growth equity fund, and the Senior Vice President of CFI. Winner of the McKinsey Next Generation Women’s Leaders Award in 2017, Pradita brings her experience and passion as a globally-recognised Investment Professional to the AVC team.

THIERRY SANDERS

SENIOR PARTNER AVC

Venture builder with MSc in Agricultural Economics. Thierry is the founder of Mekar.id, Indonesia’s first online lending platform, as well as BiDx and BiD Network Foundation, which were (‘04-’12) the world’s largest online investor matchmaking platforms for emerging market SMEs and Start-ups. Ex-CFO of EcoSecurities Ltd (UK), the world’s first carbon trading company.

NICOLO’ CASTIGLIONE

PARTNER AVC

MBA with 12+ years of cross-cultural experience in entrepreneurship, business development, financial modeling, events and marketing in Australia, Asia, Europe and South Africa. Being an entrepreneur in multiple sectors since a young age, Nicolo is a passionate venture builder with an affinity for understanding business needs and driving them to success.

HUGO MESSER

SENIOR PARTNER

Hugo has been building companies for over 20 years and believes in the power of entrepreneurship. After founding two tech consultancies, Hugo become an impact angel investor. He recently started a venture building program to help founders start ‘from scratch’ as well as ‘scaling up’.

GUILLAUME SEKALA

Portfolio Manger AVC

Guillaume has +12 years experience in financial services, having previously worked as an auditor and consultant at EY (Ernst & Young) in Europe & Asia-Pacific – focused on financial audit & advisory, due diligence, processes & controls improvements. Guillaume now manages a family office focused on Venture Capital investments, and helps SMEs and entrepreneurs through strategic planning and executive support across a wide range of functions.

RAJ KANNAN

Partner AVC

Raj has +30 years hands-on experience in developing and advising on +US$15bn worth of transactions in infrastructure and development projects in the Asia Pacific region.  He has advised governments, state owned enterprises and private corporations.Raj adds significant value to AVC with his strategic mind, deal-making ability and expansive network of inspiring & well-connected individuals.

The portfolio we built over the past 3 years

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Explore investment opportunities

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STATUS

Active

SECTOR

Waste management, Sustainability, Metal

https://www.remind.co.id/

REMIND

Remind is a startup that offers e-waste management and recycling solutions, addressing the rapidly increasing volume of electronic waste. Simultaneously, the company is committed to raising public awareness about proper e-waste disposal methods. Remind aims to recover all valuable metals from the e-waste stream and, therefore, substantially reduce energy consumption that occurs during highly pollutive traditional mining metal extraction activities. One could say: “Remind is an e-waste-mining startup.”

WHY WE CHOSE IT

  • Strong founders: Remind was founded by a highly skilled team with extensive education in relevant fields. The company’s founders have worked overseas at the world’s leading recycling firms and hold PhDs in metallurgical recycling and engineering.
  • Significant momentum: In a short period of time, the company has onboarded several international clients and has successfully managed a substantial volume of e-waste sustainably and profitably.
  • Increase in (consumer) electronics utilisation: Indonesia has experienced a significant increase in electronic purchases among its consumer spending patterns and the country’s digitalisation era has just started. Both these trends are expected to grow continuously.
  • Fastest growing waste category: Remind was founded by a highly skilled team with extensive education in relevant fields. The company’s founders have worked overseas at the world’s leading recycling firms and hold PhDs in metallurgical recycling and engineering.

IMPACT

Empowering the informal waste sector, circular economy, e-waste reduction, metal recovery, downstream industry development

FOUNDERS

Dzikri Soefihara, CEO
Farrel Purnama, COO
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STATUS

Funded

SECTOR

BioTechnology, B2B, B2C, B2G

https://www.bioniqa.io/

BIONIQA

Bioniqa is a bio-technology company that has a mission to decarbonise the world starting from Jakarta. Bioniqa has developed a groundbreaking algae-based carbon capture technology that efficiently absorbs CO2 emissions from the atmosphere. The company provides a solution to improve air quality with a hyperlocalisational focus.

Microalgae are small, aquatic organisms that are found in freshwater and marine environments. These microalgae have major growth potential since it can multiply in a matter of hours in the company’s lab. Per 100 liters of microalgae in Bioniqa’s device, the algae can absorb as much as 2,000 kilograms (2 tons) of carbon per year. This device can be seamlessly integrated into various industrial processes, helping businesses reduce their carbon footprint and contribute to a greener planet.

WHY WE CHOSE IT

  • Indonesia is the 11th largest emitter in the world, we need a hyperlocal solution to solve this problem and we believe Bioniqa can do that, one photobioreactor at a time.
  • Strong founders: Rama Raditya and Andre Hutagalung are experienced Co-Founders. They have been building startups since 2012 with one exit and the other successfully raised up to Series B before hitting profitability.
  • Early Adaptors: several individuals and schools have bought the device already. Other Individuals and real estate companies have shown interest. Also, BioniQa’s is partnering up with the Ministry of Tourism and Creative Economy to provide more public places with clean air.

IMPACT

Environment, Carbon Reduction

FOUNDERS

Rama Raditya, CEO
Andre Hutagalung, COO
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STATUS

Funded

SECTOR

Fashion, Recycling, Technology, Retail

https://indosole.id/

INDOSOLE

Indosole is on a mission to change the way companies across the world look at shoe manufacturing, by upcycling discarded rubber from tires and sneaker soles to produce footwear. The established brand, 100% made in Indonesia, has been delivering high-quality enviro and vegan footwear for travel, adventure, and everyday life, and now seeks to continue developing its technology and market across Asia Pacific.

WHY WE CHOSE IT

Indosole has become a staple-name in eco-footwear fashion and is driving the movement for manufacturing with recycled materials. The founders of Indosole said it best: “We are the most environmentally-responsible footwear company in the world, and have been for the past 11 years”.

IMPACT

Circular economies, reducing waste, environment, local economy, carbon reduction

FOUNDERS

Kyle Parsons, CEO
Kai Paul, COO
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STATUS

Active

SECTOR

Technology, Micro-Economy, Food & Beverage

https://www.bukapo.net/

BUKAPO

BukaPO is a pre-order food social commerce that allows its users to order meals from local micro-entrepreneurs living in their area. The application only lists micro-entrepreneur merchants, of which 90% are women, and helps support the Bottom-of-the-Pyramid (“BoP”) economy. In addition, the company has incorporated product suppliers providing a one-stop-shop for F&B micro-entrepreneurs

WHY WE CHOSE IT

  • Indonesia is the 11th largest emitter in the world, we need a hyperlocal solution to solve this problem and we believe BioniAa can do that, one photobioreactor at a time.
  • Strong founders: Rama Raditya and Andre Hutagalung are experienced Co-Founders. They have been building startups since 2012 with one exit and the other successfully raised up to Series B before hitting profitability.
  • Early Adaptors: several individuals and schools have bought the device already. Other Individuals and real estate companies have shown interest. Also, BioniQa’s is partnering up with the Ministry of Tourism and Creative Economy to provide more public places with clean air.

IMPACT

Bottom-of-the-pyramid wealth creation, supporting female micro-entrepreneurs.

FOUNDERS

Olaf Purvis, Founder & CEO
Andy Adrian,  Co-Founder
Delia Kirana, CCO
Timothy Darren, CMO
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STATUS

Funded

SECTOR

Waste Management, Technology, Sustainability

www.rekosistem.com

REKOSISTEM

Rekosistem is a climate technology startup that offers waste management and recycling services to optimize the waste value chain. The company services business, individuals and communities through their application and physical Waste Stations providing pick-ups and drop-facilities for (all) your waste. Rekosistem connects all stakeholders in the waste value chain to build smart cities and recycling ecosystems.

WHY WE CHOSE IT

Rekosistem standardizes the chain, empowers informal waste workers, improves productivity of waste workers and generates revenue through waste management. The Indonesian waste management market has a huge potential with all eyes on sustainability and increasing demands.

IMPACT

Empowering informal waste management sector, circular economy, environment, reducing waste

FOUNDERS

Ernest Layman, CEO & Co-Founder
Joshua Valentino, COO & Co-Founder
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STATUS

Funded

SECTOR

Recycling, Technology, Sustainability

www.robries.id

ROBRIES

Robries is a plastic upcycling startup that produces innovative furniture and home decorations from recycled plastics to contribute to the circular economy. This impactful venture provides goods for businesses and residentials. Robries aims to increase the utlization other inputs than virgin raw materials and shows that upcyled materials are very much suitable for day-to-day use goods.

WHY WE CHOSE IT

Robries collaborates with (informal) waste banks, communities, and companies to encourage people’s action of reducing waste, reusing materials and sorting waste to initiate a zero-waste lifestyle. Currently, sustainability becomes a status-quo and also Robries has experienced an increase in this awareness coming from more ‘traditional’ sectors.

IMPACT

Plastic waste recycling, circular economy, sustainable living, environmental awareness, communities involved

FOUNDERS

Syukriyatun Niamah, CEO
Tita Shabrin, CFO
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STATUS

Funded

SECTOR

Agritech, Waste Management, Recycling

www.magalarva.com

MAGALARVA

Magalarva is one of the fastest growing Black Soldier Fly (BSF) protein farms in Indonesia. The startup upcycles organic waste into the animal food industry by converting it to sustainable high-nutrient feed for Indonesia’s billion-dollar (shrimp) farming sector.

WHY WE CHOSE IT

Magalarva is able to generate high environmental impact while producing a scalable and superior high-protein animal feed addressing large-size markets. Having refined the delicate BSF farming process in recent years, Magalarva is set to become the Indonesian leader in this growing volume-driven industry.

IMPACT

Organic waste upcycling, circular economies, environmental preservation, empowering (aquaculture) farmers

FOUNDERS

Rendria Labde, CFO & Founder
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