Indonesian climate tech startup GreenTeams has secured $7.2 million in Series A funding, marking a significant milestone in Southeast Asia’s growing environmental technology sector. The round was led by Oriza Greenwillow Technology Fund, with participation from existing investors including East Ventures and AC Ventures.
Based in Jakarta, GreenTeams has developed an innovative platform that helps businesses measure, report, and reduce their carbon footprint through AI-powered analytics and sustainable supply chain solutions. The company’s growth reflects the increasing corporate demand for environmental compliance tools across the ASEAN region.
“Indonesian businesses are facing mounting pressure to address their environmental impact, both from regulators and consumers,” explained Rina Wijaya, GreenTeams co-founder and CEO. “Our platform provides them with actionable insights and practical pathways to sustainability that align with their business objectives.”
The fresh capital comes at a pivotal moment for Indonesia’s climate tech landscape. According to data from Climate Policy Initiative, climate finance flows in Indonesia reached approximately $8.9 billion annually between 2017 and 2021, but this falls significantly short of the estimated $29.1 billion required annually to meet the country’s climate goals.
GreenTeams‘ funding success highlights a growing investor confidence in climate technologies with clear market applications. The company has already onboarded over 120 corporate clients, including several of Indonesia’s largest conglomerates in manufacturing, agriculture, and energy sectors.
Sophia Chen, Managing Partner at Oriza Greenwillow Technology Fund, expressed strong confidence in the startup’s vision. “GreenTeams stands out for its practical approach to a complex challenge. They’ve created solutions that make environmental compliance accessible and economically viable for businesses of all sizes.”
The Indonesian government’s commitment to reduce emissions by 29% independently by 2030 has created favorable conditions for climate tech ventures. Recent regulatory changes, including mandatory sustainability reporting requirements for public companies, have accelerated demand for solutions like those offered by GreenTeams.
“We’re seeing a perfect storm of regulatory pressure, consumer expectations, and business recognition that sustainability isn’t just a compliance issue – it’s a competitive advantage,” noted Wilson Cuaca, Managing Partner at East Ventures, a returning investor.
The climate tech sector in Southeast Asia attracted over $1.2 billion in venture funding in 2024, according to a recent report by Bain & Company. Indonesia, as the region’s largest economy, has emerged as a focal point for climate innovation, particularly in areas like carbon management, renewable energy, and sustainable agriculture.
GreenTeams plans to use the new funding to enhance its technology platform, expand its team of climate scientists and engineers, and accelerate its expansion into neighboring markets including Singapore, Malaysia, and Vietnam. The company also aims to develop new features focused on biodiversity impact assessment and water management.
“One of our key differentiators is that we’ve built our solutions specifically for the Southeast Asian context,” said Arif Rahman, GreenTeams‘ CTO and co-founder. “The environmental challenges and regulatory frameworks here are distinct from those in Europe or North America, and our technology reflects that reality.”
The company’s growth trajectory has been impressive since its founding in 2021. GreenTeams‘ revenue has tripled year-over-year, and its team has expanded from 15 to over 70 employees. The platform now processes environmental data from more than 3,000 facilities across Indonesia.
Economic analysts point to companies like GreenTeams as examples of how climate innovation can drive both environmental and economic benefits. A Boston Consulting Group study suggests that climate tech could create up to 15 million new jobs across Southeast Asia by 2030.
“This investment round isn’t just about funding our growth – it’s about accelerating Indonesia’s transition to a low-carbon economy,” Wijaya emphasized. “Every ton of carbon emissions we help our clients reduce represents progress toward our national climate goals.”
As Indonesia continues to balance economic development with environmental protection, startups like GreenTeams are positioning themselves as essential enablers of sustainable growth. With fresh capital and strong investor backing, the company appears well-positioned to capitalize on the growing demand for climate solutions in one of Asia’s most dynamic markets.
