Living Lab Ventures, the corporate venture capital (CVC) arm of Indonesian real estate company Sinar Mas Land founded in June 2022, is looking to invest in more early-stage deals, according to a top executive.
In an interaction with DealStreetAsia, Bayu Seto, partner at Living Lab Ventures, said the firm was set up to invest in and incubate startups that support Sinar Mas Land’s ecosystem. “We are looking for startups in multi-stages, from the early stage to the late stage. But currently, we are looking more aggressively at the early stage, including seed and pre-Series A,” Seto said.