SPIL Ventures

Overview

SPIL Ventures is the corporate venture capital arm of Salam Pacific Indonesia Lines (SPIL), focusing on unlocking potential and accelerating success in Indonesia and Southeast Asia. They invest and accelerate the progress of promising venture projects to realize smart and efficient growth across the region, empowering bright sparks through innovation and technology. SPIL Ventures aims to create solutions and sustainable growth across industries by investing in leading digital tech logistics ecosystems. Their investment strategy encompasses various stages, including early-stage, late-stage, and private equity investments. They have a diverse geographical focus, investing in countries such as Indonesia, Singapore, Malaysia, Thailand, Vietnam, the Philippines, Myanmar, Laos, Cambodia, Brunei, Timor-Leste, South Korea, Japan, China, India, Bangladesh, Pakistan, Nepal, Sri Lanka, and the Maldives. The industries they target include logistics, technology, supply chain, e-commerce, digital services, transportation, infrastructure, retail, consumer goods, manufacturing, healthcare, education, finance, media, and entertainment. SPIL Ventures has made several investments, with their most recent being in Liquid8, a recommerce startup, in January 2025. They have also invested in Surplus Indonesia, a food and beverage marketplace, in January 2023, and Deliveree Logistics, a logistics company, in March 2022. Their investment sizes range from $1 million to $50 million, depending on the opportunity and stage of the company.