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HUB.ID Summit connects Early-stage Startups with Global CAPITAL RAISING and Business Partners

Nusa Dua, Bali, Sept 19, 2022 – (ACN Newswire) – The HUB.ID is proud to become a hub that connects 80 curated startups with 80 global capital raising and well-known business partners, stated Indonesia’s Ministry of Communication and Informatics (KOMINFO) as of this year’s HUB.ID Summit opening, in Nusa Dua, Bali, Indonesia.

The opening ceremony of the HUB.ID Summit 2022 happened at Nusa Dua, Bali province, on Monday (September 5, 2022). (ANTARA/Livia Kristianti/uyu)

“We believe the startups find a way and potential to function as tech giants. Therefore, the Ministry holds the HUB.ID Summit as a hub for connecting the early-stage startups, venture capitalists and business partners in exploring collaboration and investment opportunities,” said Semuel Abrijani Pangerapan, Director-General of Application & Informatics, Ministry of Communication and Informatics, in the opening address.

The HUB.ID Summit 2022 happened in Nusa Dua, Bali from 5 to 6 September 2022. Its focus is on early-stage startups searching for seed to series A investment. The Ministry hopes that the 80 selected startups taking part in the HUB.ID Summit can explore opportunities for cooperation, especially with regards to funding.

HUB.ID includes the HUB.ID Accelerator, the HUB.ID Summit, and the HUB.ID Ecosystem. After undergoing a number of HUB.ID incubation and accelerator programs held by the Ministry, tech startups can continue their journey by expanding their business network on a worldwide scale.

Startups are represented across sectors from agriculture & aquaculture tech, enterprise & government tech, health tech, social commerce & SME enablement, Web.30, deep tech, education, fintech and legal tech to property and proptech.

Startups taking part in the HUB.ID Summit 2022 include Chickin, Dagangan, DOTX, Duitin, Eratani, Bananas, Fishlog, Gajiku, Gorrywell, HiPajak, Jejakin, Klinik Pintar, Legalku, MallSampah, NOBI, SoulParking, Teman Pasar, Verihubs, and ZI.Care.

Venture capitalists and business partners taking part in HUB.ID Summit include East Ventures, DG Ventures, AC Ventures, BEENEXT, Finch Capital, Cyber Agent Capital, J Trust Bank, Telkom, Midtrans, OCBC NISP Ventura, Sinarmas Land, AppWorks, Investible, Jabar Digital Service, Jakarta Smart City, Bio Farma, and Mandiri Capital.

Semuel said that collaboration and investment can support startups in Indonesia to become more resilient in facing future challenges. “We have been optimistic that startups in Indonesia could be more mature, in addition to prepared to collaborate and also have investment cooperation,” Semuel stated.

On day one, the HUB.ID Summit contains two panel discussions: “The Dawn of New Groceries Shopping in Indonesia: Could it be a sustainable business design?” including Metha (Co-Founder SayurBox), Vincent (Co-Founder Astro), Yosua Setiawan (Co-Founder Segari), and moderated by Agung Nugroho (Co-Founder Kudo).

The next panel “Anticipating ANOTHER Momentum of Indonesia Fintech” included Triyono Gani (Head of Digital Innovation Growth Otoris Jasa Keuangan), Dino Setiawan (Co-Founder Awan Tunai), Vira Widiyasari (SVP of Fintech and Payment Tokopedia), and moderated by Rico (Commissioner LinkAja). Those two panels showed Indonesia’s digital economy landscape from the startup viewpoint.

On day two, the HUB.ID Summit featured: “Standing Tall Amidst the Chaos: Indonesia Startup Investments Today and Tomorrow”, with Dirk Van Quaquebeke (Managing Partner, BEENEXT), Helen Wong (Managing Partner, AC Ventures), and Melisa Irene (Partner, East Ventures), on stage and moderated by Willis Wee (Founder & CEO, Tech in Asia). This panel discussed the continuing future of Indonesia’s startup investment.

A lot more than 350 participants joined Hub.ID Summit 2022, which contains 1-on-1 Business Matchmaking, Panel Discussions, and a Networking Dinner. Capital raising and business partners came not merely from Indonesia, but additionally from Japan, Singapore, South Korea and India.

About HUB.ID

HUB.ID includes the HUB.ID Accelerator, the HUB.ID Summit, and the HUB.ID Ecosystem. HUB.ID is really a platform supplied by the Indonesian Ministry of Communication and Informatics (KOMINFO), concentrating on enabling post-seed local Indonesian startups to scale regionally by leveraging Kominfo’s vast network of corporate & governmental partners. Find out more at

Topic:News release summary

Source: HUB.ID

Sectors:ASEAN, Startups

From the Asia Corporate News Network

Copyright 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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