May 24th, 2023

TECH PLANTER Indonesia 2023: Awarded to Greenlabs, developing non-toxic & safe bio-plasticisers

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Real Tech Singapore Pte. Ltd, a subsidiary of Real Tech Holdings, was appointed as one of the judges at the 2023 TECH PLANTER Indonesia, held on 20th May 2023. Out of the 45 teams that applied, the Real Tech Singapore Award was presented to Greenlabs (PT Inovasi Hijau Indonesia), developing non-toxic & safe bio-plasticisers made from bio-fatty oil for Polyvinyl Chloride (PVC).


Real Tech Singapore (Jury member: Director Kumamoto) awarding Greenlabs

Since its inception in 2016 and official establishment in 2021, Greenlabs has emerged as a trailblazer in the field of bio-based chemicals. Born out of cutting-edge research labs at prestigious universities, they have garnered tremendous support from BPDPS (Indonesian Oil Palm Estate Fund Agency), LPDP (Indonesia Endowment Fund for Education), and Dp Chemicals Pte, Ltd. Their unwavering commitment lies in spearheading research, development, and production of bio-based chemicals, with a vision to foster a thriving and sustainable bioeconomy. As one of the few bio-plasticiser producers in Indonesia, Greenlabs firmly believes that the team possesses the potential to make a significant impact on Indonesian society.


The TECH PLANTER event in Indonesia, organized by Leave a Nest Malaysia, shared active participation from a wide spectrum of stakeholders, including local accelerators, government institutes, investors and incubators. Lively discussions ensued, focusing on how Japan and Southeast Asia can collaborate more effectively. This embodies our mission of uniting forces and promoting technological innovations to solve the pressing challenges of today’s world.

Real Tech has proudly invested in Jala Tech, an Indonesian startup revolutionizing the shrimp marketplace and aquaculture management. With a proven track record of success in Indonesia and Vietnam, Jala Tech has swiftly addressed the pressing issues faced by shrimp farmers on the ground. At Real Tech, we are driven by the ambition to identify and support exceptional startups that possess unrivaled potential. It is with this belief that we see an exciting opportunity in Greenlabs, given its unique positioning and unparalleled contributions to the industry.


■TECH PLANTER in the Philippines 2023

Date: 20th May 2023, 830-1400 (GMT+7)

Place: BLOCK71 Bandung, Bandung, Indonesia



Photos from the event

■ About Real Tech Singapore

  • Registered Company Name: RTHD Singapore Pte. Ltd.
  • Incorporation: February 2022
  • Directors: Akitaka Wilhelm Fujii,Yukihiro Maru, Louis Christian Murayama, Daiki Kumamoto
  • Business: Investment and growth support of deep tech startups

■ About Real Tech Holdings (RTH)

RTH is a global VC firm investing in deep tech startups aiming to solve global issues. The firm is a joint venture of two Japanese companies, Euglena, a biotech startup listed on TSE, and Leave a Nest, a company with expertise in corporate R&D and startup incubation.

The fund raised over 22 billion JPY and invested in over 80 startups within Japan and Southeast Asia with a strong emphasis on early engagement and hands-on support. In 2021, RTH became the first deep tech investment firm within Japan to establish a social impact investment fund.