Daily BriefsPrivate Markets

Daily Brief Private Markets: Antler Joins SaaS Insurtech Platform CHOYS’s US$1.1M Seed Round and more

In today’s briefing:

  • Antler Joins SaaS Insurtech Platform CHOYS’s US$1.1M Seed Round
  • Northstar, AppWorks Join Latest Round of Indonesian Healthtech Firm PrimaKu
  • Indonesia Agri-Fintech Startup PasarMIKRO Nets Investment from DEG, Ceniarth


Antler Joins SaaS Insurtech Platform CHOYS’s US$1.1M Seed Round

By e27

  • CHOYS, a SaaS insurtech platform for corporate employees in Southeast Asia, has closed a US$1.1 million seed funding round with investors, including Wing Vasiksiri, Foremast, Antler, and Fintech Nation Fund. 
  • The company will use the money for its go-to-market strategy across Southeast Asia and to bolster its product development initiatives.
  • Founded by Sharon Li and Vanessa Chen, CHOYS aims to make work life more meaningful and humanised.

Northstar, AppWorks Join Latest Round of Indonesian Healthtech Firm PrimaKu

By Tech in Asia

  • PrimaKu was born in 2017 out of a vision to overcome childhood stunting problems in Indonesia, according to Muhammad Aditriya Indraputra, its co-founder and CEO.
  • Six years later, it has evolved into a full-stack digital platform for all parenting needs. The startup has just secured an undisclosed amount in pre-series A funding round led by Northstar Group and AppWorks.
  • Other participating investors include BRI Ventures and BIG Ventures.

Indonesia Agri-Fintech Startup PasarMIKRO Nets Investment from DEG, Ceniarth

By e27

  • PasarMIKRO, a fintech company focussing on smallholder farmers, fishermen, and traders in Indonesia, has raised an undisclosed amount in funding from German finance company DEG and Ceniarth, a single-family office dedicated to impact-first investing.
  • This funding comes off the back of the startup’s seed round in November 2022, led by Trihill Capital, with participation from 1982 Ventures, Genting Ventures, Resolution Ventures, Gayo Capital, and Rabo Foundation.
  • It will utilise the investment to expand its trade and trade finance service offerings and strengthen its network of smallholder farmers, fishermen, and traders.

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