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Indonesian recommerce startup secures pre-seed funding

Liquid8, an Indonesian startup, has secured pre-seed funding from SPIL Ventures to strengthen its recommerce solutions. The funding will help reduce overstock waste and support Indonesia’s micro, small, and medium enterprises (MSMEs). 

Established in 2023 by Mike Roosevelt and Niko Abdulrachman, Liquid8 aims to tackle inefficiencies in the ecommerce and waste management sectors. 

In 2024, the company reported processing over 2,700 tons of overstock, redirecting unsold items to the wholesale market and offering affordable inventory to small businesses.

Liquid8, an Indonesian startup, has secured pre-seed funding from SPIL Ventures to strengthen its recommerce solutions. 

The funding will help reduce overstock waste and support Indonesia’s micro, small, and medium enterprises (MSMEs). Established in 2023 by Mike Roosevelt and Niko Abdulrachman, Liquid8 aims to tackle inefficiencies in the ecommerce and waste management sectors. 

In 2024, the company reported processing over 2,700 tons of overstock, redirecting unsold items to the wholesale market and offering affordable inventory to small businesses.

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BRL Editorhttps://businessreviewlive.com
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