# Sermorpheus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sermorpheus

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.sermorpheus.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Sep 16, 2022)
- Investors on record: 6

## About

Based in Jakarta, Indonesia, and founded by Kenneth Tali, and Budi Sukmana in 2022, PT Likuid Jaya Initiation dba SerMorpheus is a Web3 enablement platform that empowers brands and creators to develop NFTs (Non-Fungible Tokens) and manage utilities that allow them to engage directly with customers and communities. In September 2022, Sermorpheus raised USD 2.5 million in Seed funding led by Intudo Ventures, with participation from 500 Global, AlphaLab Capital, BRI Ventures, Caballeros Capital, and FEBE Ventures. The firm’s customer base is made up of Indonesia Comic Con, professional football club PERSITA Tangerang, Jogjarockarta music festival, etc.

The company provides businesses with a Web3 platform that enables them to interact directly with customers and provide individualized shopping experiences. One of the company's creation tools is a self-service drag-and-drop NFT builder that enables users to mint and releases NFTs. Businesses can use the platform provided by the company to create NFT goods and features that will increase community involvement and unlock value by making it easier to join the new digital economy and lowering the barrier to entry.

The company intends to use the September 2022 funding to build infrastructure to bridge the gap between Web3 and Indonesian brands and consumers and also for the expansion of the team.

## Funding rounds

- Seed, Sep 16, 2022, $2.5M — 500 Global, Intudo Ventures, Caladan, FEBE Ventures, BRI Ventures, Caballeros Capital

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Seed
- Caladan — Seed
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Seed
- BRI Ventures (https://capitalatlas.ai/funds/bri-ventures) — Seed
- Caballeros Capital (https://capitalatlas.ai/funds/caballeros-capital) — Seed