What is Eureka?
Founded in 2016 and headquartered in Central Jakarta, Indonesia, Eureka develops intelligence solutions designed to bridge the gap between mobile operators and enterprises. The company's technology aims to enhance connectivity and data utilization within the telecommunications sector, positioning itself as a key player in the evolving digital landscape. The Series B funding underscores the company's progress and its potential for scaling operations and expanding its market reach.
How much funding has Eureka raised?
Eureka has raised a total of $20M across 1 funding round:
Series B
$20M
Series B (2020): $20M with participation from Gobi Partners, GDP Ventures, Riyad Taqnia Fund, SGInnovate, MEC Ventures, Apis Partners, Pacific Bridge, and Cianna Capital
Key Investors in Eureka
Gobi Partners
Gobi Partners is a venture capital firm with a regional presence across China, Hong Kong, and ASEAN, focusing on early to growth-stage companies in emerging markets. They have invested in over 250 startups since their founding in 2002.
GDP Ventures
Undisclosed investor participating in the funding round.
SGInnovate
SGInnovate is dedicated to growing Singapore's Deep Tech landscape by investing in startups and nurturing talent within the sector, providing resources and support to facilitate innovation.
What's next for Eureka?
The substantial enterprise-level funding and the recent strategic investment signal a pivotal growth phase for Eureka. This capital infusion is expected to fuel further development of its intelligence solutions, enhance its go-to-market strategies, and potentially facilitate expansion into new territories or industry verticals. Eureka's focus on connecting mobile operators with enterprises positions it to capitalize on the increasing demand for sophisticated data and connectivity services.
See full Eureka company page