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August 2024: Indonesia

Indonesia’s tech snapshot for August 2024 covers items in technology including: Indonesian AI-driven medical tech for cancer detection; Bali’s CoinFest Asia cryptocurrency-focused event; Indonesia’s emergent position as the world’s number 2 EV battery materials producer; and more.

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  • Indonesia: TransTrack vehicle fleet tracking startup gains $12M Series A with digital platform streamlining fleet utilization and cutting overheads / full item
  • Indonesia: Lisk, an Ethereum Layer-2 solution, partners government-run Gerakan Nasional 1000 Startup Digital initiative for Ignit3 Web3 program / full item
  • Download: “Harnessing the Power of (Gen)AI in Indonesian Financial Services’, from the Indonesian Chamber of Commerce and Industry, AC Ventures, BCG and BCG X / full item
  • Thailand’s TechSauce Global Summit preps for Indonesia edition, set to run in Bali in September / full item
  • Indonesia: Beleaf Farms agri-tech startup secures $6.9M Series A with platform to monitor weather, seeding, planting, nutrient dosing, farm planning and harvesting / full item

“Indonesia will become the 2nd largest [EV battery] material producer in the world, 2nd only to China… fill the gap in Indonesia and even the entire ASEAN battery industry” / full item

  • Available now: ‘Leveraging Fintech for Women Entrepreneurs in Indonesia, the Philippines, and Viet Nam‘, a July report from the Asian Development Bank / full item
  • Coinfest Asia 2024 is set for August 22-23, running out of Bali, Indonesia, gathering all things Web3, crypto, blockchain and beyond / full item
  • Indonesia’s HerLens wins at US-ASEAN Science, Tech & Innovation Cooperation Program with AI-driven cervical cancer early detection / full item
  • Singapore-based Antler VC closes 2nd Southeast Asia fund, raising $72M to focus on startups in Singapore, Indonesia, Vietnam and Malaysia / full item

“Tesla is… only discussing charging stations, with the factory plans suspended not just in Thailand but worldwide… not proceeding in Malaysia, Indonesia, or anywhere else except for China, America and Germany” / full item

Critical tech news, August 2024

Critical technologies, globally: August 2024

Asia’s Tech news, Weekly:
August 2024 Newsletters

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