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Living Lab Ventures Shines Bright as the Rising Star in Venture Capital for 2023
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Living Lab Ventures (LLV) positions itself as a key player in the market, making substantial contributions to the growth of the start-up ecosystem.
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n the dynamic landscape of venture capital, Living Lab Ventures (LLV), the corporate venture capital arm of Sinar Mas Land, emerges as the rising star of 2023. With a commitment to aggressive investment strategies, LLV has positioned itself as a key player in the market, making substantial contributions to the growth of the start-up ecosystem.
In 2023, LLV significantly expanded its portfolio, featuring prominent investments in innovative companies such as Jumpstart, Amoda, Paper.id, BRIK, etc. Notably, LLV's investments extend beyond the property technology sector, showcasing a sector-agnostic approach that demonstrates versatility and a keen eye for groundbreaking opportunities. To date, LLV has empowered 27 start-ups focusing on three key technology aspects: Smart Technologies, Digital Life and Mobility.
“At LLV, we believe in the power of innovation to drive positive change. Our diverse portfolio reflects our commitment to supporting ventures that have the potential to transform industries and create lasting impact. Our goal is to nurture and amplify the success of the start-ups we invest in. By facilitating access to cities managed by Sinar Mas Land, we provide an unparalleled opportunity for our portfolio companies to scale their operations and thrive in a real-world setting,” said LLV partner Bayu Seto.
LLV not only provides financial support but also adds strategic value to its portfolio companies. One of the distinctive aspects of LLV's approach is its commitment to opening doors for start-ups within the Sinar Mas Land ecosystem. Through this unique advantage, LLV portfolio companies gain access to cities managed by Sinar Mas Land, including BSD City and Kota Deltamas, creating a pathway for collaboration and growth.
As chief transformation officer Sinar Mas Land, Mulyawan Gani, explained: “LLV is integral to Sinar Mas Land’s vision of staying at the forefront of innovation in real estate and beyond. As our dedicated innovation arm, LLV enables us to stay agile, explore new frontiers, and foster a culture of continuous improvement. It serves as the catalyst propelling our endeavors beyond conventional boundaries, enabling us not only to embrace change but to actively seek it. LLV's strategic contributions, characterized by a proactive pursuit of novel ideas and methods, equip us to navigate the ever-evolving landscape of innovation, ensuring that the company remains at the forefront of transformative progress, poised to shape the future of multiple industries.”
As LLV continues to make waves in the venture capital scene, its innovative approach, diverse portfolio and strategic collaborations position it as a rising star to watch in 2024. The commitment to driving positive change, fostering collaboration and serving as an innovation catalyst within the Sinar Mas Land ecosystem solidifies LLV’s position as a key player in shaping the future of the start-up landscape.
