EV Growth

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Among coworking incubators created by local venture capitalists to nurture Indonesia’s next generation of entrepreneurs, EV Hive is the place for millennials with extraordinary talent.

Headquartered in Beijing and set up in 2006, China Growth Capital invests in early-stage internet startups in China and the US. As of May 2016, it has two USD-denominated funds and three RMB-denominated funds, valued around RMB 4 billion in total.

Founded by Finnish serial entrepreneur and angel investor Riku Asikainen, Helsinki-based Evli Growth Partners invest across market segments, with typical initial stakes of €3m–5m at Series A and B funding stages. The VC is currently building up a total fund of €200m to focus on investments in later-stage growth companies Europe. The first fund, EGP Fund I Ky, was launched in December 2018 and closed at €60m in November 2019. New funds will be set up every two years until 2028.EGP currently has seven companies in its portfolio. In 2021, Evli was co-lead investor for the $54m Series B round of Austrian refurbished electronics goods marketplace Refurbed in August, and investor lead in the €22m Series C round of Polish customized furniture design platform Tylko in March.

KEEN Growth Capital is an impact VC focusing on early-stage investments in companies that generate revenues of $200,000–$2m in the F&B, health or wellness sectors with an addressable market size above $300m. Investments in food segments include clean snacking, healthy eating and science tech-driven health products.Since 2017, the VC has been managing two capital funds. The KGC Fund I has yielded exits and late-stage valuations with returns of six to 75 times. The $40m KGC Fund II is directed at companies with a social and environmental impact in nutritional well-being, disease mitigation and life science technologies.

STIC Investments is a South Korean private equity firm. It primarily invests in local companies and M&As, but has also branched overseas with its investment in EV Hive.

Christopher Angkasa is an angel investor. He is a managing partner at angel investing firm Denali Partners and a co-founder of wealth consultancy firm Akara Capital. He also founded Clapham Collective, a coworking space in Medan that is now part of EV Hive.

Serial entrepreneur Amin Nordin is the co-founder and ex-CEO of Qiscus. He left Qiscus in 2015 to work as the Chief Growth Engineer at marketing agency PaperToaster. In April 2019, he also started working as the Head of Growth at social influencer platform Vybes based in Singapore.After his national service as an army sergeant in Singapore, Amin went to Nanyang Technological Institute and graduated in 2010 with a bachelor's in Mechanical Engineering. He has worked for various companies including a Malaysian Islamic real estate crowdfunding platform Ethis Crowd and creative digital agency 1.618 Pte Ltd in Singapore.

Harya Putra is the co-founder of MUVE, a community of Muslim travelers, which he established while still in university. After graduating in 2016, he joined East Ventures' coworking space, EV Hive, as an expansion and partnership executive. In 2017, Harya co-founded the East Venture-supported retail startup Warung Pintar, where he is currently its COO. He holds a bachelor's degree in Information Systems and Technology from Institut Teknologi Bandung, Indonesia. 

Bofarull holds an MSc in Artificial Intelligence and has over 14 years of experience in the IT sector as a computer engineer with public and private institutions.Passionate about electric vehicle mobility, he co-founded Place to Plug, a smart cities platform that connects EV drivers with charging stations’ of individuals, businesses and public institutions, in 2015. Bofarull was nominated for Barcelona's EcoEmprendedorXXI 2015 awards that recognize eco-entrepreneurs. 

The former senior executive of b5m.com has designed, developed and operated browser plug-ins. Wang Min led www.b5m.com’s growth to 5 million daily active users, while its e-commerce system also reached over 100 million visits daily.

A prolific investor, Eddy Chan has been involved in venture investments for US companies like Paypal, SpaceX, and Palantir, as well as Indonesian ones like coworking space EV Hive (now CoHive), BeliMobilGue (used car marketplace) and Kata.ai (chatbot builder). He is also the founding partner of Intudo Ventures, an "Indonesia-only" VC firm.

Agung Bezharie Hadinegoro is co-founder and CEO of smart retail kiosk startup Warung Pintar. Agung had previously co-founded two creative agencies in Bandung, where he was a multimedia designer and was the program director of the Global Entrepreneurship Program Indonesia. He was also an associate at East Ventures, taking on the role of interim general manager of the company's coworking extension, EV Hive. Agung holds a bachelor's in Intermedia Art and an MBA, both from Institut Teknologi Bandung, Indonesia.

A platform connecting electric vehicle drivers with 60,000 public and private charging stations worldwide, includes a recharging app to facilitate collaborative economies across smart cities.

IGF is a crowdfunding platform for impact investing in Asia. It aims to partner with innovative, high-impact enterprises in need of capital to scale their businesses and, as a result, be of value to society and the environment. The fund seeks to mobilize its US$50m in investment capital to deliver affordable healthcare, cut CO2 emissions, help more than 2m people gain access to clean energy and empower women. IGF's investments range in size from US$250,000 to US$5m, and primarily take the form of equity or quasi-equity. All its investments include pre-agreed social or environmental impact targets.

Founded in 1940 by Juan Soler Güell, Quadis is one of the biggest car wholesalers in Spain. Quadis is managed by grandsons Pol and Lluís Soler who have been reinventing and diversifying the family business through investments in emerging automotive technology for electric and hybrid vehicles. The privately owned company has recently backed Wallbox Chargers which designs and manufactures EV chargers that can be remotely managed through mobile apps.

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