Northstar went dental🦷, Google fined 💸, eFishery fraud unfolds🤯, secondary exits trending?

Dear readers,

It’s a long Lunar New Year break here in Indonesia, but we are still excited to share the latest updates from Indonesia’s startup ecosystem based on last week’s key developments.

We also extend our warmest wishes for a prosperous Lunar New Year to those celebrating. May the Year of the Wood Dragon bring us all good fortune, abundant health, endless opportunities, and lasting happiness.

Warm regards,
The DailySocial Team

Here are the most exciting updates from the past week as covered by DailySocial News:

1. Orange Dental, a dental clinic network startup, raised US$1.5M in seed funding from Northstar Group, following its pre-seed round backed by Init-6, the venture capital firm founded by Bukalapak’s co-founder. Established in 2014, the company currently operates 20 clinics across Greater Jakarta, serving over 45,000 patients annually. CEO Syifail Ramadhana stated that the funding will accelerate the company’s mission to expand access to dental health services.
   [Read More]

2. Seaweed startup Banyu secured US$1.25M in seed funding led by Intudo Ventures. Founded in December 2023, Banyu focuses on modernizing Indonesia’s seaweed industry by developing high-quality seedlings, promoting sustainable farming practices, and improving market access for farmers. Their innovative seedling production methods claim to boost harvest yields by 20%, empowering farmers while strengthening global competitiveness for Indonesian seaweed products.
   [Read More]

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   3. Northstar went dental🦷, Google fined 💸, eFishery fraud unfolds🤯, secondary exits trending?

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