Investment Outlook 2025

In 2025, Trihill Capital will continue deploying capital to new companies and supporting portfolio companies across different sectors, particularly in businesses with clear product-market fit and proven unit economics.

Jakarta, February 5, 2025 – Trihill Capital held its annual press conference to discuss the “Investment Outlook 2025,” collaborating with OCBC Ventura, Intudo, Endeavor Indonesia, and Aspire.

Each year, we synthesize the learnings and insights from the previous year and establish a theme for the year ahead.

2024 was a dynamic political year, yet Trihill Capital closed the year strong with investments in several new early-stage companies, demonstrating confidence in the SEA market, particularly Indonesia.

“2024 marked a clear shift away from the ‘growth at all costs’ mentality for the investor community, which should poise a much healthier trajectory for the market. Valuations have normalized, and we’re no longer rewarding unsustainable growth. As a result, investors are becoming more disciplined—placing greater emphasis on founder quality, reasonable valuations, and businesses with strong unit economics,” said Anthony Tjajadi, Partner at Trihill Capital.

In 2025, Trihill Capital will continue deploying capital to new companies and supporting portfolio companies across different sectors, particularly in businesses with clear product-market fit and proven unit economics. Given the large and growing industrial and consumer base in Indonesia and Southeast Asia, well-executed businesses will continue to offer promising opportunities.