HUB.ID Summit X Nexticorn 2023 Officially Opens: Hundreds of Technology Startups and Investors Convene to Tackle Challenges in the Technology Sector

Bali, September 16, 2023 – HUB.ID Summit X Nexticorn 2023, an international conference jointly organized by the Ministry of Communication and Informatics of the Republic of Indonesia with the Nexticorn Foundation, has officially opened. The Summit, marked by the participation of 130 Indonesian technology startups and 130 investors from around the world, kicks off today in Nusa Dua, Bali. The conference, scheduled for September 15-16, 2023, carries the theme “Recalibrating the Industry: Indonesia’s Tech Investment Moving Forward.” This collaborative event aims to foster synergy between the public and private sectors in bolstering the Indonesian startup ecosystem. In response to navigating the tech winter phenomenon and addressing the myriad unprecedented challenges presented by the ever-evolving technological landscape, the HUB.ID Summit X Nexticorn 2023 enjoys the support of Privy as the official signing partner, along with sponsors including Google, Cloudmile, TVM Capital Healthcare, Victoria State Government Australia, Living Lab, GOTO, Everywhere.id, and AMVESINDO. The event will serve as a platform to connect early-stage to late-stage Indonesian startups with global investors through matchmaking sessions. Distinguished speakers and panelists participating in this conference include: I Nyoman Adhiarna, Director of Digital Economy, Ministry of Communication and Informatics of the Republic of Indonesia Rudiantara, Chairman of the Nexticorn Foundation Christopher Madiam, CEO & Co-founder of Sociolla Hero Choudhary, Managing Partner of Beenext Yoshua Tanu, Jago Coffee Founder Ardhanti Nurwidya, Head of Public Policy and Government Relations, GOTO Eddy Danusaputro, Chairman of AMVESINDO Ankur Vohra, Vice President, L Catterton Asia Kevin Sugiarto, Senior Vice President Product, Privy Doddi Priyambodo, Solutions Consultant at Google/Cloudmile Edy Sulistyo, CEO, Everywhere.id I Nyoman Adhiarna, Director of Digital Economy at the Ministry of Communication and Informatics of the Republic of Indonesia, expressed, “Indonesia has witnessed rapid and fascinating developments in the technology startup landscape in recent years. The country boasts a multitude of startups across various sectors, including e-commerce, fintech, edtech, healthtech, agritech, transportation, travel, health, logistics, Software as a Service (SaaS), and more. Kominfo remains committed to supporting startups in their growth journey and facilitating access to funding, exemplified by our participation in the HUB.ID Summit X Nexticorn 2023.” Rudiantara, Chairman at the Nexticorn Foundation, affirmed, “Nexticorn is dedicated to promoting innovation and sustainable growth within the technology and investment sectors in Indonesia and Southeast Asia. Our mission involves providing comprehensive support to stakeholders throughout the ecosystem. HUB.ID Summit X Nexticorn 2023 plays a pivotal role in shaping the future landscape of technology and venture capital, especially in terms of funding technology startups, a crucial endeavor as we look beyond the tech winter.” “Networking events such as HUB.ID Summit X Nexticorn 2023 presents an invaluable opportunity to advance the rapidly growing Southeast Asia technology landscape, particularly in light of the recent momentum generated by the launch of negotiations for the Digital Economic Framework Agreement (DEFA) during the recent ASEAN Economic Community Council meeting.” Rudiantara concluded. This year’s HUB.ID Summit X Nexticorn 2023 aims to expedite investment support for Indonesian startups by facilitating direct access to global investors tailored to the profile and requirements of Indonesian startups, both in their early stages and during growth phases. Additionally, the conference will provide up-to-date information on developments and opportunities within the Indonesian startup ecosystem, inspire industry players to adapt and innovate in the digital era, and create networks and exposure for Indonesian startups in international markets while enhancing their reputation and credibility among global investors.