Climatetech

More $$$ to build that green ecosystem

October 6, 2022
Ecoxyztem

All about the Ecoxyztem! This Indonesia-based climatetech venture builder just raised new funding! While the amount's hush-hush, here's what we know.

  • Founded last year, Ecoxyzstem is a spin-off from environment-focused foundation Greeneration Group.

Investor check. TAP Applied Agri Services, Konservasi Hutan Indonesia, and Pegasus Tech Ventures, as well as Medco Foundation chairman Roni Pramaditia.

🧐 What they do

They build their own ventures and have four portfolio companies.

  • Waste4Change. A waste management startup for companies and individuals.
  • Ravelware. A one-stop automation service that uses RFID, NFC and interconnected databases.
  • ReservoAir. A flood management startup that offers water management planning and adaption services.
  • Enertec. An energy efficiency startup focused on using retrofitting equipment (RE).

💥 More than just building

Teach. They have their own online platform that teaches about sustainability and green businesses.

Incubate. They've got two launchpad programs, which are focused on helping very early-stage startups through mentorship, training, access to funding and more.

💰 What's with the $$$?

They'll be using the cash as working capital to develop at least four startups yearly!

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