Bali Investment Club

What Bali Investment Club does

Bali Investment Club (BIC) is an Indonesia-focused angel network founded in 2020 and headquartered in Gianyar, Bali, operating under the legal entity PT PMA BALI INVESTMENT BIC. The firm recruits high-net-worth individual members — typically those with approximately $1 million in liquid financial assets — and deploys capital checks ranging from $20,000 to $2 million into early-stage, PT-registered Indonesian businesses that already have revenue and customers. BIC's investment thesis is organized around three impact pillars: Maximizing Waste Recovery, Minimizing CO2 Emissions, and Maximizing Earnings for Poor People, with the Club personally co-investing alongside members in every funded startup and providing ongoing founder support, due diligence, and quarterly portfolio reporting.

The portfolio comprises nine companies spanning waste management (Rekosistem, Remind), water systems (Waterhub), electric mobility for last-mile delivery (Dash Electric), algae-based carbon capture (BioniQa), upcycled rubber footwear (Indosole), plastic upcycling into furniture (Robries), Black Soldier Fly protein farming (Magalarva), and Bottom-of-the-Pyramid food pre-ordering (BukaPO). Disclosed capital deployments include a $200,000 staged investment in BukaPO (2020), seed and Series A participation in Rekosistem (2022), pre-seed funding for BioniQa (2023), and participation in Dash Electric's $7M seed round (2024) led by Fondation Botnar. BIC has no proprietary technology product; its offering is the curated deal network, due diligence overlay, and venture-building support extended to founders.

Commercially, BIC monetizes through equity returns on portfolio investments and operates a community-led, network-driven go-to-market: deals originate through personal networks and exclusive invitations, supplemented by structured funding applications. The firm has no app, no API, no published pricing, and no management fee schedule disclosed; it is member-funded rather than institutionally capitalized. Brand and ecosystem credibility are anchored by features in TechInAsia, Jakarta Post, Nikkei Asia, and Deal Street Asia, plus signatory status for the UNEP-backed Sustainable Blue Economy Finance Principles. Strategic partnerships with Antler, Founder Institute, Instellar, SAGANA, NUS, Microsoft, AWS, and Google extend BIC's deal-sourcing and venture-building leverage without proportionately scaling internal headcount.

Name

Bali Investment Club

Legal name

PT PMA BALI INVESTMENT BIC

Website

https://baliinvestment.club

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Indonesia-focused angel network founded in 2020 that recruits HNW individuals to co-invest in early-stage, revenue-generating Indonesian businesses across waste, climate, and Bottom-of-the-Pyramid verticals, providing due diligence and ongoing founder support.

Ownership category

akta.pro rank

Product category

Angel Investing Network

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investing network
• Impact investing
• Venture capital services
• Private equity club
• Startup funding

Headquarters

HQ city

Bali

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Angel Investment Returns: BIC generates returns through equity stakes in early-stage Indonesian impact startups. Members invest capital and receive equity in portfolio companies, with the club managing deal sourcing, due diligence, and portfolio reporting.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Bali Investment Club operates an angel network that invests in and venture-builds early-stage impact-driven Indonesian businesses. Members receive curated deal flow, due diligence, portfolio management, and ongoing founder support, while the club personally co-invests in every startup alongside its members. Membership is targeted at high-net-worth individuals with approximately USD 1 million in liquid assets, with investment amounts typically ranging from USD 20,000 to USD 2 million per deal.

Product overview

Bali Investment Club (BIC) is Indonesia's premier angel network for conscious investors, functioning as an investment platform rather than a traditional product company. BIC's offering consists of membership-based access to a network of impact-driven early-stage Indonesian businesses across three impact goals: Maximizing Waste Recovery, Minimizing CO2 Emissions, and Maximizing Earnings for Poor People. The portfolio includes nine investee companies: Waterhub (water sustainability), Dash Electric (EV logistics), BioniQa (algae-based carbon capture), Indosole (recycled footwear), BukaPO (food pre-ordering platform), Remind (e-waste management), Robries (plastic upcycling), Magalarva (BSF protein farming), and Rekosistem (waste management technology). Members receive access to high-impact investment opportunities, due diligence, quarterly reporting, exclusive networking events, and ongoing founder support.

Differentiator

Problem solved

Functional benefit

Products and services

• Bali Investment Club Angel Membership
• BIC Impact Startup Funding Program

Quantifiable outcome

• 100% of invested startups have existing track records
• +6 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor.

• KumpulminorOthersKumpul is listed as a partner organization supporting the BIC ecosystem
• AspireminorOthersAspire is listed as a partner organization in the BIC network
• Founder InstituteminorOthersFounder Institute is a global startup accelerator program listed as a partner supporting entrepreneurship in Indonesia
• InstellarminorOthersInstellar is an Indonesian startup accelerator/incubator listed as a partner organization
• GoogleminorOthersListed as a partner organization in BIC's ecosystem
• MicrosoftminorOthersListed as a partner organization in BIC's ecosystem
• AWSminorOthersListed as a partner organization in BIC's ecosystem
• NUSminorOthersNational University of Singapore listed as academic partner
• Anak Bangsa BisaminorOthersAnak Bangsa Bisa foundation listed as a partner organization

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Wavemaker Partners: Southeast Asia-focused early-stage VC with a presence in Indonesia. Comparable to BIC as an early-stage regional investor with a co-investment and follow-on orientation, though at greater scale and broader sector mandate.
• AC Ventures: Indonesia-focused early-to-growth-stage VC with broad sector coverage and institutional capital. Comparable to BIC in being an early-stage Indonesia investor, though AC operates at a larger fund size and broader thesis.
• K3 Ventures: Singapore-headquartered early-to-growth-stage VC with significant Indonesia exposure. Comparable to BIC as an investor into Rekosistem's Series A alongside BIC and as a regional early-stage investor.
• East Ventures: One of Indonesia's most established early-stage VCs with deep sector breadth and a multi-fund platform. Comparable to BIC as a leading early-stage Indonesia investor, though East Ventures deploys institutional LP capital at materially larger scale and broader sector mandate.

Direct peers

• The Radical Fund: Impact-focused early-stage investor active in Southeast Asia. Comparable to BIC on impact thesis and early-stage, and is a co-investor in Dash Electric.
• Antler: Global early-stage venture firm and angel network operating across Southeast Asia including Indonesia. Directly comparable to BIC as a curated early-stage investor sourcing and co-investing in Indonesian startups from the pre-seed stage; Antler is also a listed BIC ecosystem partner.
• SAGANA: Impact-focused early-stage investor in Southeast Asia. Comparable to BIC on impact thesis, geographic focus, and stage, and is also a co-investor in Dash Electric.
• Aksara Ventures: Indonesia-focused early-stage VC investing in mission-driven startups. Comparable to BIC on impact orientation and Indonesian focus, and is a listed co-investor with BIC in Dash Electric.
• Angel Investment Network Indonesia: Indonesia's largest angel-investor matchmaking platform. Most directly comparable to BIC as an Indonesia-focused angel network sourcing deals and connecting HNW investors to early-stage startups.

Emerging players

• Instellar: Indonesian impact startup accelerator and investor. Comparable to BIC on impact orientation and Indonesian focus, and is a listed BIC ecosystem partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bali-investment-club
• Instagraminstagram.com/baliinvestmentclub

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bali Investment Club