East Ventures, an Indonesian venture capital firm, has announced climate technology, health, consumer, and Artificial Intelligence (AI) as its priority investment sectors this year.
Pheseline Felim, Head of Corporate Communications at East Ventures, said climate technology remains an important focus, with attention on renewable energy optimization and carbon accounting.
In April 2024, East Ventures released its annual Sustainability Report, which demonstrates its ongoing efforts and progress in integrating the Environmental, Social and Governance (ESG) framework into the company’s operations and across its ecosystem.
East Ventures, together with the Indonesian Chamber of Commerce and Industry (Kadin), launched Emission Calculator & Visualization Southeast Asia (ECOVISEA), a free web-based greenhouse gas calculator.
“Thanks to this initiative, East Ventures is once again recognized in the FORTUNE Indonesia Change the World list,” Felim said on Tuesday, January 7, 2025.
Meanwhile, the other three sectors are AI-based startups, health innovation, and consumers. East Ventures projects significant growth in the adoption of AI technology.
In the health sector, East Ventures continues to support the development of technology startups in improving health services.
Meanwhile, in the consumer technology sector, demand for personalized shopping experiences and automated customer service via chatbots is expected to continue to increase.
East Ventures strives to continue to improve in the new year, and is committed to implementing strategies that can enable Southeast Asia to fulfill its economic potential.
“As a venture capital company with the largest ecosystem in the Southeast Asia region, East Ventures is ready to welcome the new transition from global leadership changes and support the aspirations of the new government,” Felim said.
