SPIL Ventures
SPIL Ventures is the corporate venture capital arm of Indonesian shipping line PT Salam Pacific Indonesia Lines, investing in digitally driven startups and ventures across Indonesia and Southeast Asia. It provides capital, mentorship, and access to PT SPIL's logistics network for portfolio companies.
- Company typePrivate
- Founded2022
- HeadquartersSurabaya, Indonesia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What SPIL Ventures does
SPIL Ventures is the corporate venture capital (CVC) arm of PT Salam Pacific Indonesia Lines (PT SPIL), an Indonesian shipping line and logistics company. Founded in 2022 and headquartered in the SCBD district of South Jakarta, the firm invests in and partners with early-stage startups, established ventures, and individual innovators pursuing digitally driven innovation across multiple industries. Its stated mission is to accelerate growth and drive smart, efficient progress across Indonesia by nurturing ideas and providing capital, mentorship, and strategic guidance.
The firm does not develop proprietary technology products. Its core offering is investment capital coupled with strategic support, including access to PT SPIL's logistics network throughout Indonesia for pilot deployment, distribution, and real-world testing. Deal sourcing is conducted through a direct proposal submission portal and a LinkedIn presence, targeting startups facing challenges accessing capital, industry expertise, and scaling support. The firm is associated with SPIL University, a training platform within the SPIL Group that supports talent development in the logistics ecosystem.
As a CVC entity, SPIL Ventures generates returns through equity investments in portfolio companies, with revenue derived from capital appreciation, exits, or strategic value creation rather than product or service fees. It is wholly owned by PT SPIL and does not appear to raise capital from external limited partners. Leadership comprises two vice presidents, including a VP of Investment, supported by what the firm describes as a vetted team of experts. The most notable public-facing strategic activity is participation in a 2026 Southeast Asian consortium piloting pongamia as a biofuel feedstock in South Kalimantan, signaling interest in agritech and sustainable energy adjacencies to its core logistics-and-supply-chain investment thesis.
SPIL Ventures firmographics
Firmographics- Name
- SPIL Ventures
- Legal name
- SPIL Ventures
- Website
- https://spilventures.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SPIL Ventures is the corporate venture capital arm of Indonesian shipping line PT Salam Pacific Indonesia Lines, investing in digitally driven startups and ventures across Indonesia and Southeast Asia. It provides capital, mentorship, and access to PT SPIL's logistics network for portfolio companies.
- Ownership category
- akta.pro rank
SPIL Ventures industry classification
Industry- Product category
- Corporate Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Sector / Generalist Growth Equity (FSANACAO)
Keywords
Where SPIL Ventures is headquartered
LocationHeadquarters
- HQ city
- Surabaya
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
SPIL Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Corporate Venture Capital Returns: SPIL Ventures generates returns through equity investments in startups and innovative ventures. As the CVC arm of PT Salam Pacific Indonesia Lines, they invest in promising projects to realize smart and efficient growth across Indonesia, with returns realized through portfolio company success, exits, or strategic value creation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
SPIL Ventures product offering
Product offeringCore offering
SPIL Ventures is the corporate venture capital arm of PT Salam Pacific Indonesia Lines (PT SPIL). It invests in and partners with early-stage startups and established ventures focused on digitally driven innovation, with an emphasis on logistics, supply chain, and adjacent sectors. In addition to equity capital, the firm provides mentorship, strategic guidance, and access to PT SPIL's shipping and logistics network throughout Indonesia to help portfolio companies scale.
Product overview
SPIL Ventures operates as a corporate venture capital (CVC) arm of PT Salam Pacific Indonesia Lines, an Indonesian shipping line and logistics company. Rather than offering a unified product platform, SPIL Ventures functions as an investment and acceleration vehicle that fosters digitally driven innovation across industries by investing in and partnering with startups and innovators. The portfolio includes Shiplog (shipping logistics services with network throughout Indonesia), the parent PT Salam Pacific Indonesia Lines container carrier operations, SPIL Group joint ventures, and SPIL University educational programs. The firm focuses on accelerating promising venture projects to realize smart and efficient growth across Indonesia.
Differentiator
Problem solved
Functional benefit
Products and services
- SPIL Ventures Corporate Venture Capital Investment Equity capital investment, mentorship, and strategic partnership for early-stage startups and established ventures pursuing digitally driven innovation, with particular focus on logistics, supply chain, and technology-enabled business solutions in Indonesia and Southeast Asia. For startup founders and venture operators seeking growth capital.
Companies that use SPIL Ventures
Customer profileSegments3 records
Ideal customer profiles2 records
SPIL Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SPIL Ventures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PT Salam Pacific Indonesia Lines (PT SPIL)corePT Salam Pacific Indonesia Lines is the parent company and shipping line/logistics provider that established SPIL Ventures as its corporate venture capital arm. SPIL has a network throughout Indonesia providing logistics and shipping solutions. SPIL Ventures leverages this relationship to provide portfolio companies with access to industry expertise, logistics networks, and potential business development opportunities.
Scale indicators2 records
Recent moves4 records
Expansion highlights3 records
SPIL Ventures competitors and assessment
Company assessmentDirect peers
- Mandiri Capital Indonesia: Corporate venture capital arm of Bank Mandiri, one of Indonesia's largest banks. Directly comparable as an Indonesian CVC investing in fintech and digital startups, with similar parent-backed strategic mandate and access to a large corporate ecosystem.
- BRI Ventures: CVC arm of Bank Rakyat Indonesia focused on fintech, SME, and digital innovation. Comparable to SPIL Ventures as another Indonesian banking/financial corporate venture vehicle targeting digitally driven innovation across multiple industries.
- Sinar Mas Digital Ventures: CVC arm of the Sinar Mas conglomerate investing across SE Asian digital startups. Directly comparable to SPIL Ventures as a diversified Indonesian corporate-backed VC targeting digital transformation opportunities.
- MDI Ventures: CVC arm of Telkom Indonesia, investing in late-seed to growth-stage digital companies across SE Asia. Highly comparable to SPIL Ventures in being an Indonesian strategic corporate VC with a generalist digital mandate and operational backing from a major industrial parent.
- Telkomsel Mitra Inovasi (TMI): CVC arm of Telkomsel, Indonesia's largest mobile operator. Comparable to SPIL Ventures as an Indonesian telecom corporate VC backing digital innovation, with strong synergy between portfolio startups and the parent's customer base.
Broad incumbents
- AC Ventures: Indonesia-focused early-stage VC backing tech startups across verticals. Comparable to SPIL Ventures in targeting Indonesian digital innovation, but as an independent financial investor rather than a corporate-backed strategic vehicle.
- East Ventures: One of SE Asia's most established early-stage VCs with deep Indonesian roots. Comparable as a leading regional digital investor competing for the same startups SPIL Ventures targets, though operating as an independent fund rather than a CVC.
- Wavemaker Partners: SE Asia and US-focused early-stage VC with strong logistics and supply-chain portfolio. Comparable to SPIL Ventures in regional digital investing scope, and especially relevant given SPIL's logistics industry focus.
- Venturra Capital: Indonesia and SE Asia early-to-growth stage VC. Comparable to SPIL Ventures in backing regional digital startups, though structured as a traditional fund rather than a corporate CVC.
Emerging players
- GK-Plug and Play Indonesia: Indonesian arm of global Plug and Play accelerator network, partnering with corporates to run innovation programs. Comparable to SPIL Ventures in bridging corporate Indonesia with the early-stage digital ecosystem through structured engagement.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
SPIL Ventures social profiles
Digital presenceSPIL Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
SPIL Ventures leadership team
Management profileNumber of profiles
Profiles2 records
SPIL Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SPIL Ventures M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SPIL Ventures
What does SPIL Ventures do?
SPIL Ventures is the corporate venture capital arm of PT Salam Pacific Indonesia Lines (PT SPIL). It invests in and partners with early-stage startups and established ventures focused on digitally driven innovation, with an emphasis on logistics, supply chain, and adjacent sectors. In addition to equity capital, the firm provides mentorship, strategic guidance, and access to PT SPIL's shipping and logistics network throughout Indonesia to help portfolio companies scale.
Is SPIL Ventures a public or private company?
SPIL Ventures is a private company. It is classified as corporate owned and is currently operating.
When was SPIL Ventures founded?
SPIL Ventures was founded in 2022. It employs 1 to 10 people.
Where is SPIL Ventures based?
SPIL Ventures is headquartered in Surabaya, Indonesia, in the Asia region.
How does SPIL Ventures make money?
One revenue line is on record: corporate Venture Capital Returns.
Who are SPIL Ventures's main competitors?
Direct peers on record are Mandiri Capital Indonesia, BRI Ventures, Sinar Mas Digital Ventures, MDI Ventures and Telkomsel Mitra Inovasi (TMI). Broad incumbents are AC Ventures, East Ventures, Wavemaker Partners and Venturra Capital. GK-Plug and Play Indonesia is listed as an emerging player.
Does SPIL Ventures have an API?
No public API is recorded for SPIL Ventures.
What industry is SPIL Ventures in?
SPIL Ventures's product category is Corporate Venture Capital. Its primary akta.pro industry code is FSANACAO, Multi-Sector / Generalist Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.