Skystar Ventures

What Skystar Ventures does

Skystar Ventures is a technology business incubator and coworking operator established in 2013 in Tangerang, Indonesia, within the Universitas Multimedia Nusantara (UMN) campus at Summarecon Gading Serpong. It is institutionally backed by UMN and the Kompas Gramedia group, and operates from a three-floor facility spanning more than 20 working rooms inside UMN's New Media Tower. Its core business comprises structured incubation programs across Ideation, Growth, and Level-Up stages, an Innovation Program including the Skystar Innovation Challenge (SIC), and a Corporate Program for enterprise clients seeking new business models. Adjacent coworking products include Private Office, Individual Plan, Meeting Room, and Event Space rentals, with pricing denominated in Indonesian Rupiah (Individual Plan from Rp1M/month, Event Space from Rp4.25M for three weekday hours).

The company generates revenue through three primary streams: recurring coworking space subscriptions (private offices, individual memberships), professional services from incubation and corporate programs, and one-time event space rentals for workshops, seminars, and product launches. Go-to-market is predominantly community-led, leveraging UMN's student and alumni networks, event-driven (Startup Demo Day, SIC, Self-Preneur, STARSeries), and direct enterprise sales for Corporate Program engagements. Distribution channels include direct on-site bookings, website self-serve enrollment, and channel partnerships with UMN, the Ministry of Cooperatives and SMEs (Kemenkop dan UKM), and other government bodies. Content marketing via blog, STARPODS podcast, STARTALK talkshow, Instagram, and a WhatsApp community supports top- and mid-funnel awareness. Skystar has supported more than 50 startup portfolio companies across 10+ incubation batches, produced 39 student startups, and exhibited 58 student businesses at the 2026 Startup Demo Day. It holds Class A Technology Business Incubator accreditation from Kemenristekdikti (2019) and Kemenkop dan UKM (2023), and has received the i3E Best Incubator Award and ICSB Indonesia Presidential Award (both 2017).

Name

Skystar Ventures

Legal name

Skystar Ventures

Website

https://skystarventures.com

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Skystar Ventures is an Indonesia-based technology business incubator and coworking operator, affiliated with Universitas Multimedia Nusantara and Kompas Gramedia, serving student founders, early-stage startups, corporations, and freelancers through structured incubation programs, innovation challenges, and flexible workspace rentals.

Ownership category

akta.pro rank

Product category

Startup Incubation Services

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

Keywords

• Technology business incubation
• Startup coworking space
• Entrepreneurship programs
• Corporate innovation consulting
• Venture mentorship services

Headquarters

HQ city

Tangerang

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Coworking Space Rental: Skystar Ventures generates revenue through renting flexible workspace including private offices, individual plans, meeting rooms, and event spaces. Memberships are offered on monthly and pay-as-you-go basis.
2. Incubation & Innovation Programs: Revenue generated from structured incubation programs (Ideation, Growth, Level-Up stages), innovation challenges (SIC), and corporate programs targeting startups, students, and enterprises.
3. Event Space Rental: Weekday and weekend event space rentals for workshops, seminars, networking events, and product launches with add-on support services.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Skystar Ventures operates an integrated technology business incubator and coworking facility affiliated with Universitas Multimedia Nusantara (UMN). It sells structured startup incubation programs across Ideation, Growth, and Level-Up stages, an Innovation Program (Skystar Innovation Challenge), and a Corporate Program for enterprise clients. It also rents flexible coworking space through private offices, individual plans, meeting rooms, and event spaces at the UMN New Media Tower in Tangerang, Indonesia.

Product overview

Skystar Ventures is a Technology Business Incubator operated by Universitas Multimedia Nusantara, offering an integrated ecosystem that supports early-stage startups through multiple programs. The core offerings include the Incubation Program (spanning Ideation, Growth, and Level-Up stages), Innovation Program (with Skystar Innovation Challenge), and Corporate Program. Complementing these are coworking space solutions comprising Private Office, Individual Plan, Meeting Room, and Event Space. Additional programs include the Level Up Program for scaling startups and Self-Preneur Program for entrepreneurial development. The organization also produces content series including STARPODS (podcast) and STARTALK (talkshow) for startup education and community building.

Differentiator

Problem solved

Functional benefit

Brands

• Skystar Ventures Level Up Program: Startup development program helping startups develop products and expand markets
• Skystar Ventures Incubation Program
• Skystar Innovation Challenge (SIC)
• STARSeries
• Meet and Connect with the VC
• STARPODS
• Self-Preneur Program

Products and services

• Incubation Program Comprehensive startup incubation program that nurtures early-stage startups through mentorship, resources, and network access. The program includes three stages: Ideation Stage, Growth Stage, and Level-Up Stage. Targeted at founders of early-stage startups and student entrepreneurs.
• Innovation Program Program that fosters student collaboration to develop innovative solutions for industry case studies, driving transformation. Includes the Skystar Innovation Challenge (SIC) which partners with companies for real business problems. Targeted at students and industry partners.
• Corporate Program Program that helps corporations stay competitive through tailored innovation and new business models. Targeted at established corporations and enterprises seeking innovation exposure.
• Coworking Space Collaborative-driven coworking space at the UMN New Media Tower offering flexible membership options, three floors, and more than 20 working rooms for startups, entrepreneurs, freelancers, and small teams.
• Private Office Private office space rental for teams seeking dedicated workspace with exclusive access, located within the Skystar Ventures coworking facility.
• Individual Plan Flexible membership plan for individuals, offering workspace access starting from Rp1,000,000 per month or Rp50,000 per day at the Skystar Ventures coworking facility.
• Meeting Room Professional meeting room facilities available for booking for business meetings and presentations within the Skystar Ventures coworking facility.
• Event Space Versatile event space designed for networking events, workshops, seminars, and product launches. Weekend rates: Rp17,425,000/full day or Rp7,225,000/3 hours; weekday rates: Rp4,250,000/3 hours (after office hours 5 PM - 8 PM), with hourly add-ons.
• Level Up Program Advanced program that helps startups develop products and expand market reach, featuring pitching opportunities to venture capital and access to funding, delivered in partnership with the Ministry of Cooperatives and SMEs (Kemenkop UKMK).
• Self-Preneur Program Entrepreneurship program focused on developing entrepreneurial mindset and skills among student participants.

Quantifiable outcome

• 50+ startup portfolio companies created across 10+ batches of incubation programs
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• Universitas Multimedia Nusantara (UMN)coreStrategic or Co-development Partner · 6 September 2019Skystar Ventures is the official technology business incubator of Universitas Multimedia Nusantara. UMN provides institutional backing, student pipelines, talent access, and infrastructure. The incubator operates within UMN's New Media Tower at Summarecon Gading Serpong campus.
• Kompas GramediacoreStrategic or Co-development PartnerSkystar Ventures is also affiliated with Kompas Gramedia as part of its institutional ecosystem. The group provides additional corporate backing and distribution channels for the incubator's portfolio companies.
• Nanyang Polytechnic (NYP) SingaporeflagshipStrategic or Co-development PartnerCollaboration through the Skystar Innovation Challenge (SIC) program where 35 UMN students worked with 13 NYP students in 10 teams to develop innovations solving real business problems from Indonesian startups. MOU signed for ongoing entrepreneurship development cooperation.
• Amartha Fintech LendingminorStrategic or Co-development PartnerAmartha served as a real-case problem provider for the 2019 Skystar Innovation Challenge, contributing industry problems that student teams worked to solve. Also selected a winning team and provided internship and study visit opportunities.
• NodefluxminorStrategic or Co-development PartnerNodeflux, an AI/computer vision company, served as a case provider in the 2019 Skystar Innovation Challenge. They evaluated team solutions and provided internship and study visit opportunities to winning teams.
• Ministry of Cooperatives and SMEs (Kemenkop dan UKM)flagshipStrategic or Co-development PartnerThe Level Up Program was run in collaboration with the Ministry of Cooperatives and SMEs of the Republic of Indonesia, providing government-backed validation and access to a broader startup network. 15 startups participated in this program.
• Ministry of Trade (Kementerian Perdagangan) Republik IndonesiaminorStrategic or Co-development PartnerExporin, a Skystar Ventures portfolio startup, was selected as one of 12 finalists in the Export Startup Competition organized by the Ministry of Trade.
• Instellar IndonesiaminorStrategic or Co-development PartnerWalibu, a Skystar Ventures graduate, was recommended to continue to the Rise.Inc accelerator program by Instellar Indonesia, which focuses on impact-driven businesses. Walibu was among 14 startups selected nationally.
• ASEAN / Japan ASEAN CooperationminorStrategic or Co-development PartnerWalibu participated in the ASEAN-JAIF BUSINESS MATCHING Project and INNOVEST UNBOUND 2019 organized by ASEAN and Japan ASEAN Cooperation at Marina Bay Sands, Singapore, facilitated through Skystar Ventures' incubator network.
• Summarecon SerpongminorStrategic or Co-development PartnerSkystar Ventures partnered with Summarecon Serpong to host the Startup Day event, bringing together startups for exhibition and VC pitching opportunities at the Summarecon Gading Serpong location.
• DANA (e-Wallet)minorStrategic or Co-development PartnerSkystar Ventures organized a startup visit to DANA's offices for Batch 12 incubation participants, providing real-world exposure to a leading Indonesian fintech company.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ideabox: One of Indonesia's longest-running startup accelerators (Telkom Indonesia-backed), operating structured incubation and equity-backed programmes for early-stage startups. Directly comparable to Skystar in target customer (early-stage Indonesian founders) and program structure (mentorship + workspace + investor access).
• Block71 (NUS Enterprise): University-affiliated technology incubator hub originally founded by NUS Enterprise, expanding across ASEAN. Highly comparable model — academic institution + corporate partners providing coworking, incubation, and corporate programmes — and operates in the same ASEAN ecosystem as Skystar's NYP partnership.
• GoWork: Indonesia's largest flexible-workspace operator offering coworking, private offices, and event space across multiple cities. Direct competitor for Skystar's coworking and event-space revenue streams among SMBs and freelancers in the same Indonesian market.
• Instellar Indonesia: Impact-focused accelerator running Rise.Inc and related programmes; Skystar portfolio startup Walibu progressed from Skystar incubation into Instellar's Rise.Inc, evidencing comparable early-stage pipeline targeting. Both serve Indonesian founders with structured cohorts.
• Plug and Play Indonesia: Global accelerator and corporate innovation platform with an Indonesia presence, running batch programmes, corporate partnerships, and venture services. Comparable to Skystar in combining corporate innovation tracks with structured startup acceleration.
• Indigo (Telkom): Corporate-affiliated digital innovation incubator by Telkom Indonesia running incubation, acceleration, and corporate venture programmes. Comparable to Skystar in combining workspace, structured programs, and corporate innovation tracks for Indonesian founders.

Regional players

• MaGIC (Malaysian Global Innovation & Creativity Centre): Malaysia's flagship government-backed startup accelerator and innovation hub. Comparable as a national-level, accreditation-driven incubator offering coworking, programmes, and corporate partnerships; serves a different country but represents the regional peer benchmark for Skystar's government-partnered model.
• Jakarta Creative Hub (JakCreative): City-level public creative/innovation workspace and incubation programme in Jakarta. Comparable as a publicly-supported coworking + programme operator in Indonesia, though with a creative-industries rather than tech-incubator positioning.

Broad incumbents

• WeWork: Global coworking incumbent with presence across Southeast Asia. Overlaps with Skystar's coworking, private office, and event-space offerings for SMBs and enterprises, but does not run structured startup incubation in the same way Skystar does.

Emerging players

• GK-Plug and Play (if distinct) or Ninja Village: Corporate-backed startup ecosystem operators in Indonesia (e.g., Ninja Xpress's Ninja Village). Comparable emerging players combining workspace, community, and corporate innovation tracks aimed at Indonesian early-stage founders, similar to Skystar's value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@skystarventuresumn
• Instagraminstagram.com/skystarventures
• Xx.com/SkystarUMN
• Facebookfacebook.com/548520518565320

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments3 records

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

Frequently asked questions about Skystar Ventures