Populix raises USD 4.3 million in Series B funding to enhance its AI-driven research capabilities, marking a notable achievement for Indonesian startups amid a challenging investment climate.

Target Information

On April 15, 2025, in Jakarta, Indonesia, Populix, a tech-driven research company, secured USD 4.3 million in its Series B funding round. This funding was led by MSW Ventures, with contributions from Intudo Ventures, Altos Ventures, and Acrew Capital. This significant achievement not only reflects Populix's growth trajectory but also highlights the resilience of Indonesian startups during a challenging investment landscape, characterized by a substantial decline in funding over the past few years.

Populix's innovative approach leverages technology to provide extensive research services, including the recent introduction of the Policy & Society Research service aimed at helping organizations understand public sentiments and policy impacts. Furthermore, Populix has developed NeXa, an AI-based research assistant designed to streamline the research process.

Industry Overview in Indonesia

The investment climate in Indonesia has faced numerous challenges in recent years, particularly during the tech winter, which has adversely affected funding levels across the region. According to the Data Vantage report by DealStreetAsia, total funding i