eFishery Competes with 35 Startups to Seize $500 Thousand

After winning the regional Seedstars World (SSW), Bandung-based eFishery is currently on its way to Geneva, Switzerland, to seize a bigger prize: $500 million equity investment. However, it has to beat the other 35 startups first before claiming its victory. Continue reading eFishery Competes with 35 Startups to Seize $500 Thousand

Hackathon Indigo BestAppsID Awarded 10 Platinum Winners and 14 Gold Winners

Bandung Digital Valley’s Indigo BestAppsID hackathon 2014 which gathered more than 800 participants has generated 10 platinum winners and 14 gold winners, whom all will get business and technical assistance to perfect their apps until January 2015. The best three will then be awarded the main prize, including a trip to the famous Silicon Valley. Continue reading Hackathon Indigo BestAppsID Awarded 10 Platinum Winners and 14 Gold Winners

Adskom Opens Silicon Valley Office

Adskom, a Supply Side Platform (SSP) and Data Management Platform (DMP) digital advertising platform, has just opened an office in Palo Alto, the U.S. The office will function as the company’s main laboratory where technology development, algorithm formula creation, and technical architecture establishment take place. Along with the announcement, David Lu, former Yahoo’s senior engineer, got appointed as Adskom’s Managing Director for the U.S. Continue reading Adskom Opens Silicon Valley Office

Lamudi: Jakarta Termasuk Kota di Dunia yang Paling Menjanjikan untuk Memulai Startup

Layanan marketplace properti Lamudi mengungkapkan lima kota di dunia, yang terletak di negara berkembang, yang dianggap menjanjikan sebagai Silicon Valley berikutnya dalam hal memulai startup. Jakarta secara mengejutkan terpilih menjadi satu di antara lima kota tersebut. Kota-kota lain di daftar tersebut adalah Medellin (Kolombia), Amman (Yordania), Lahore (Pakistan), dan Lagos (Nigeria).

Continue reading Lamudi: Jakarta Termasuk Kota di Dunia yang Paling Menjanjikan untuk Memulai Startup

Telkom Siapkan $200 Juta untuk Berinvestasi di Silicon Valley

Raksasa telekomunikasi Indonesia Telkom menyiapkan dana $200 juta (sekitar 2,3 triliun Rupiah) untuk berinvestasi di berbagai perusahaan Silicon Valley. Melalui anak perusahaannya Telkom Metra, Telkom akan bekerja sama dengan sejumlah investor, di antaranya Fenox Venture Capital (Fenox). Sebagai timbal balik, Fenox berkomitmen membantu program inkubator bisnis Telkom dengan mendatangkan mentor-mentor unggul dari Silicon Valley.

Seperti dikemukakan melalui Antara, Direktur Utama Telkom Arief Yahya menyebutkan kerja sama ini untuk memenuhi target kontribusi operasional bisnis internasional yang diharapkan mencapai 10 persen dari total pendapatan di tahun 2015. Selain itu, Telkom akan mengirimkan beberapa start up terbaik di bawah asuhan Indigo untuk mengikuti Immersion Program di Silicon Valley. Indigo selama ini berjalan di dua pusat inkubator Telkom, Bandung Digital Valley dan Jogja Digital Valley.

Ini merupakan kali kedua perusahaan telekomunikasi di Asia Tenggara berinvestasi besar-besaran melalui investor global dalam seminggu terakhir. Sebelumnya operator telekomunikasi terbesar Filipina PLDT juga membeli 10% saham Rocket Internet senilai €333 juta (atau $445 juta). Rocket Internet, seperti yang kita tahu, memiliki bisnis berbasis online yang menggurita di berbagai kawasan di dunia yang mengantarkan pendirinya memperoleh status billionaire.

Fenox sendiri merupakan VC yang sudah beberapa kali berinvestasi di kawasan Asia Tenggara, terutama saat berpartner dalam bentuk IMJ Fenox. Salah satu portofolio Fenox adalah Joyful Frog Digital Incubator (JFDI) sebagai akselerator startup terkemuka yang berbasis di Singapura.

[Ilustrasi foto: Flickr/kstufox13]

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Artikel sindikasi ini pertama kali dimuat di DailySocial dan ditulis oleh Amir Karimuddin.

BuildConf Selenggarakan Workshop Teknologi dari Mantan Pegawai Perusahaan-Perusahaan Silicon Valley

Tidak sedikit orang Indonesia yang berkesempatan bekerja langsung dengan perusahaan-perusahaan teknologi yang berbasis di Silicon Valley, tapi tak banyak dari mereka yang berkesempatan berbagai pengalaman dan pengetahuan dengan rekan-rekan di tanah air. BuildConf yang akan diselenggarakan tanggal 7-9 Oktober 2013 mendatang diharapkan bisa menjadi jembatan bagi kesempatan seperti ini.

Continue reading BuildConf Selenggarakan Workshop Teknologi dari Mantan Pegawai Perusahaan-Perusahaan Silicon Valley

London Terus Dorong “Tech City”, Rekrut VP Facebook Sebagai CEO

London semakin serius dengan proyek “Tech City”-nya yang menginginkan kota ini sebagai pusat teknologi dunia. Mengimitasi konsep Silicon Valley di Amerika Serikat, Tech City Investment Organization (TCIO) merekrut Joanna Shields sebagai CEO barunya. Shields sebelumnya adalah Vice President dan Managing Director Facebook untuk kawasan Eropa, Timur Tengah dan Afrika. Shields yang berasal dari Amerika Serikat memiliki kewarganegaraan ganda — Amerika Serikat dan Inggris.

Continue reading London Terus Dorong “Tech City”, Rekrut VP Facebook Sebagai CEO

Silicon Valley Trip Journal: Prologue

Valadoo co-founder Jaka Wiradisuria recently went to the United States to visit Silicon Valley as part of a program by Endeavor.org for young tech entrepreneurs. He began chronicling his trip on his blog earlier this month and we’ve been given permission to republish his posts here on DailySocial. Continue reading Silicon Valley Trip Journal: Prologue

Where in Indonesia Will Foxconn Set Up Its Factory?

The location of Foxconn’s Indonesian factory is still under a large question mark. It’s been reported that the government is preparing a 1000 hectare land including the infrastructure required to support Foxconn’s operations outside of Java. However, Industrial Minister M.S. Hidayat stated on Tuesday that the infrastructure condition outside of Java is not tenable. This means that the industrial city which will be built by Foxconn ideally should be located in Java.

According to Detikinet, Hidayat is reluctant to reveal the location candidates for the factory which some say will be Indonesia’s Silicon Valley. He is still waiting for the results of the talks between his team from the Ministry of Industry and the Investment Coordination Board, both of whom are in Taiwan this week to meet representatives of Foxconn.

Continue reading Where in Indonesia Will Foxconn Set Up Its Factory?

From Silicon Valley to Bandung

Editor’s Note: This is a guest post by Arip Tirta. Arip founded and became director at UrbanIndo.com. Before returning to Indonesia, Arip was Director of Investment Analysis and Strategy for Hercules Technology Growth Capital. In this post, Arip tells us about his experience working in Palo Alto, his decision to return to Indonesia and the reason why he chose Bandung to pursue his own dream.

My name is Arip Tirta. I recently returned to Indonesia after spending 15 years in the USA. I received a Bachelor of Science in Mathematics of Computation from University of California, Los Angeles (UCLA) and Master of Science in Scientific Computing and Computational Mathematics from Stanford University.

Prior to my arrival in Indonesia, I was the Director of Investment Analysis and Strategy for Hercules Technology Growth Capital (Nasdaq: HTGC), which is a specialty finance company that provides both debt and equity to technology start-ups predominantly in the US. Hercules was co-founded by Manuel Herinquez who has over 25 years of experience in venture capital and venture lending. Prior to co-founding Hercules, he was one of the Managing Directors at VantagePoint Venture Partners.

Continue reading From Silicon Valley to Bandung