Creative Gorilla Capital Offers Funding for Startups

By Editorial Team 19/01/2023
sovereign wealth fund
Summary

Venture capital platform Creative Gorilla Capital (CGC) offers Rp 300 billion funding for startups. The fund, named Gorilla Silverback Fund, targets potential startups in various ecosystems. CGC Benz Managing Partner Julio Budiman said the fund would support startups with creative and marketing expertise to hone their strategies to achieve hypergrowth.

CGC, established in collaboration between Future Creative Network (FCN), Vynn Capital, and Pomona, also provides access to Indonesia's large creative ecosystem for selected startups. "Exposing them to world-class marketing professionals and data-driven solutions," Benz said on Wednesday. CGC has recently funded startups Offmeat, Ringkas, Kynd, and Allura. "There are still a few more deals in the works," Benz said.

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