Living Lab Ventures

Established in 2022 and headquartered in Greater Jakarta, Indonesia, Living Lab Ventures is a venture capital firm focused on investing in early-stage companies across Southeast Asia.

Bayu Seto

Partner

Past deals in Indonesia

SIRCLO

Series C in 2023
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.

DCT Agency

Seed Round in 2023
DCT Agency is an Indonesian digital advertising firm that connects companies and brands with influencers for marketing campaigns and live commerce sessions on TikTok.

imajin

Seed Round in 2023
Digital Manufacturing Ecosystem for Indonesia. Focus on B2B Manufacturing, partner of Ministry of Industry Indonesia as Manufacturing hub. Help to connect, Supplies raw material until project financing.

GoWork

Venture Round in 2023
GoWork operates premium coworking spaces designed to foster productivity and collaboration. It offers private offices, dedicated desks, and meeting rooms equipped with amenities, along with business community platforms for members.

DOOgether

Seed Round in 2022
DOOgether is a leading healthy lifestyle application in Indonesia that facilitates access to fitness and wellness solutions. The platform allows users to book workout classes, both in-person and virtual, and offers a range of healthy catering options. By providing a comprehensive suite of services that includes sports facility bookings, fitness studio reservations, and information about sports events, DOOgether encourages individuals to adopt and maintain a healthy lifestyle. Its user-friendly interface and diverse offerings make it an essential resource for those seeking to improve their well-being through exercise and nutritious food choices.

Paper.id

Series B in 2022
Paper.id is a SaaS startup founded in 2016 and based in Indonesia, offering a comprehensive platform for small and midsize enterprises to streamline their invoicing, accounting, and inventory management processes. The company addresses the challenges faced by businesses that still depend on manual operations by providing tools that facilitate digital invoicing, payments, and financial management. Its platform incorporates features such as supply chain analysis and machine learning to enhance workflow efficiency and improve cash flow. Additionally, Paper.id offers integration with digital payment systems and a co-branded business card in collaboration with BRI, enabling entrepreneurs to manage their order-to-pay processes and generate reports with ease.

Pashouses.id

Series B in 2022
Pashouses offers a fast and convenient platform for buying and selling houses that is also safe and dependable. Pashouses provide a comprehensive service or "one-stop shop" where marketing services, offers, buying and selling transactions, and everything else is handled, including applying for Home Ownership Loans (KPR). Pashouses collaborates with a number of legal banking institutions. The company was founded in 2020 and is based in Indonesia.

Waste4Change

Series A in 2022
Waste4Change is a waste management platform in Indonesia serving companies, individuals, and government agencies to reduce waste sent to landfills and prevent environmental leakage. Since its inception in 2014, it has offered services such as in-store recycling and the 3R School Program, supported by a collaborative, technology-driven ecosystem that advances a circular economy and a waste-free Indonesia. Its offerings include consultation, campaigning, collection, and creation to help communities manage waste more sustainably.

DANA

Venture Round in 2022
DANA Wallet Indonesia is an e-wallet service that commenced operations in July 2017 and is headquartered in Jakarta. As a subsidiary of PT Elang Sejahtera Mandiri, DANA provides a comprehensive digital payment platform that facilitates various financial transactions through a single mobile application. The platform allows users to perform secure, non-cash transactions, including bill payments, barcode scanning, QR code transactions, and e-commerce activities. By offering a round-the-clock monitored service, DANA aims to simplify and enhance the digital money transfer experience for its users in Indonesia.

IDEAL Indonesia

Pre Seed Round in 2022
IDEAL Indonesia is a digital mortgage lending platform designed to streamline the home buying process for potential homeowners. The platform offers features such as e-KYC, document verification, and AI-driven credit scoring to help users receive personalized mortgage recommendations based on their specific needs. By connecting home buyers with a range of compatible mortgage products from major property developers and banks in Indonesia, IDEAL Indonesia allows users to apply to multiple banks using a single set of data. Additionally, the platform includes a real-time tracking system, enhancing the overall experience for individuals seeking to navigate their ownership journey efficiently.

Flokq Spaces

Convertible Note in 2021
Flokq is an innovative company focused on transforming urban living by addressing housing challenges in cities. Founded in 2019 and based in Jakarta, Indonesia, Flokq provides private rooms and living spaces in premium apartments, aiming to offer beautiful yet affordable homes for city residents. The company emphasizes a three-pronged approach: delivering affordable and convenient housing, fostering connections among like-minded individuals, and tackling urban housing issues. By creating an online real estate platform, Flokq allows customers to easily book accommodations within a supportive community, thereby enhancing the living experience in densely populated urban environments.
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