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Living Lab Ventures ties up with IHK Berlin Germany to strengthen Indonesia’s digitalization

Wulan by Wulan
October 9, 2023
in News
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MoU Signing between Living Lab Ventures and IHK Berlin

MoU Signing between Living Lab Ventures and IHK Berlin (Image: LLV team)

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“Considering tremendous challenges in today’s world, facing this condition together through cross-country cooperation and learning from each other is critical for us. At this moment, we take a great leap by signing the MoU with Living Lab Ventures.”

Heaptalk, BSD City – Sinar Mas Land corporate venture capital arm, Living Lab Ventures (LLV) announced its strategic collaboration with Germany-based business association The Berlin Chamber of Commerce and Industry (IHK Berlin).

“It is a great pleasure to get a warm welcome in BSD City. Considering tremendous challenges in today’s world, facing this condition together through cross-country cooperation and learning from each other is critical for us. At this moment, we take a great leap by signing the MoU with LLV,” conveyed Public Affairs Manager of IHK Berlin, Tim Schneider.

IHK Berlin is a Berlin-based business community that provides the city’s enterprises with a diverse range of products and services. By performing this cooperation, Living Lab Ventures expects to reach potential startups and open a new gate for its portfolios to expand their businesses in Europe. In return, IHK Berlin’s business ecosystem will also have multiple opportunities to gain a new market in Indonesia.

In response to this cooperation, Partner of Living Lab Ventures Bayu Seto stated, “We are committed to developing, and for this reason, we seek collaboration with prominent global institutions. This collaboration will enable us to find potential startups and Germany’s companies who intend to expand their market in Indonesia. In return, this cooperation also will allow our portfolios, particularly technology companies, to enlarge their business market in Europe.”

For additional information, Living Lav Ventures takes a sector-agnostic approach and deep investment span in smart technologies, digital life, and mobility. Smart Technologies include innovative technologies that support smart urban living. This is closely related to digital life, which focuses on impactful technology, such as e-commerce and social networks. Sinarmas-backed venture capital LLV has several stunning portfolios, including Dana, GoWork, Sirclo, Traveloka, Jendela360, etc.

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