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Indonesian Startup Company JALA Tech Receives Massive $16 Million Funding for Service Improvement

AsiaTechDaily

The prominent Indonesian venture capital firms Intudo Ventures and Sinar Mas Digital Ventures (SMDV), French investment manager Mirova’s Sustainable Ocean Fund (SOF ), and the US-based coastal fishing-focused impact investor, The Meloy Fund have participated in supporting this Yogyakarta-based startup.

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Current State of Angels and Boards of Directors

Angel Capital Association

Angels often make their first real impact post-investment by helping a portfolio company develop a “real” Board, by insisting on documented processes, key metrics and measures and a more rigorous approach to corporate oversight and accountability.

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