The first half of 2013 has seen 18 new investment deals in the Indonesian tech sector, the highest number of investments ever within a six-month period. This compares to a total of 18 investments in the whole of 2011 and 20 investments in the whole of 2012.
A number of investment trends are apparent:
- While Indonesian and Singapore-based investors are responsible for around two-thirds of all deals, when investment values are taken into account, European and US investors dominate.
- More Round 1 and Round 2 investments are taking place, with fewer seed investments. This reflects a growing maturity of Indonesian startups.
- Fewer acquisitions are occurring, evidence that the mini-boom in Indonesian dotcoms in 2011 is very much over. Investors are looking for longer-term investments now, not quick flips.
Here is the full list of the 70 significant investments made in Indonesian tech over the past few years (click on the image to see a full-screen version):