Early-stage Indonesian climate startups lure investors

Companies offer tech in sectors such as carbon capture or waste management

2021-05-19T064616Z_551262397_RC2UIN9DLUD1_RTRMADP_3_INDONESIA-POLLUTION.JPG

Jakarta is notorious for its pollution, but a wave of Indonesian startups are now offering climate-related technology to help clean the environment. © Reuters

AASTHA MAHESHWARI, DealStreetAsia

JAKARTA -- There seems to be no slowdown in funding for Indonesian climate technology. At least three early-stage climate startups in the country -- Bioniqa, Sampangan and BANiQL -- have attracted interest from investors recently, DealStreetAsia has learned.

Bioniqa, a Jakarta-based startup specializing in carbon capture, confirmed to DealStreetAsia that it has raised pre-seed funding from the Bali Investment Club (BIC).

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.