# UMG IdeaLab

**Source:** https://www.startuphub.ai/startups/umg-idealab
**Profile type:** Startup

> An innovation platform and venture builder for startups.

## About

UMG IdeaLab is a corporate venture capital firm and venture builder that invests in early-stage technology startups, primarily in Southeast Asia. They aim to create an integrated startup ecosystem by nurturing founders and providing infrastructure for sustainable tech ventures.

## Key facts

- **Slug:** umg-idealab
- **Website:** https://umg.co.id/
- **Location:** Jakarta, Indonesia
- **Founded:** 2018-01-01
- **Operating status:** Inactive
- **Total funding:** $100M

## Frequently asked

### What does UMG IdeaLab do?

UMG IdeaLab is a corporate venture capital firm and venture builder that invests in early-stage technology startups, primarily in Southeast Asia. They aim to create an integrated startup ecosystem by nurturing founders and providing infrastructure for sustainable tech ventures.

### What is UMG IdeaLab's valuation?

StartupHub estimates UMG IdeaLab's effective valuation at $380.0M (range $250.0M to $600.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has UMG IdeaLab raised?

UMG IdeaLab has raised a total of $100M in funding. The most recent round on record is Fundraising.

### Where is UMG IdeaLab headquartered?

UMG IdeaLab is headquartered in Jakarta, Indonesia.

### When was UMG IdeaLab founded?

UMG IdeaLab was founded in 2018.

### What is UMG IdeaLab's current status?

UMG IdeaLab's current operating status is: Inactive.

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