HASAN.VC marks final accelerator cohort under Fund I with Demo Day showcase in Bandung

HASAN.VC has marked the completion of its inaugural Fund I accelerator programme with the Demo Day for Accelerator Cohort 004, held at Block71 Innovation Factory in Bandung, Indonesia, on 17 June 2026. The milestone concludes four accelerator cohorts that have supported 120 startups and nearly 500 founders from ten countries, with Cohort 004 comprising twenty startups.

The in-person Demo Day followed a three-day virtual showcase held earlier in June, where the same cohort presented to HASAN.VC’s limited partners and global investor network. The Bandung event gave founders the opportunity to pitch live to venture capital firms, angel investors and ecosystem partners.

The event also featured two panel discussions exploring what makes early-stage startups fundable before traction and the milestones investors look for as startups progress to the growth stage. The sessions brought together investors from BNI Ventures, W Fund, Sweef Capital, Investidea, Gobi Partners, Indogen Partners and Skystar Capital, and were moderated by Mohd Akhtaar, general partner at HASAN.VC.

“This cohort represents something significant for us,” said Umar Munshi, general partner at HASAN.VC. “Cohort 004 marks the final cohort under Fund I, and watching these founders pitch in Bandung was a reminder of why we built this model in the first place — to back camel startups: resilient, capital-efficient businesses built to last rather than built to impress.

“As we close this chapter of Fund I, we remain focused on the founders ahead of us, not just the milestone behind us.”

“What stood out to me about this cohort was how far these founders have come since day one,” said Mohd Akhtaar, general partner at HASAN.VC. “Some walked in with little more than an idea. By Demo Day, they were standing in front of investors with clarity and a real understanding of their numbers. That transformation is the entire point of this programme, and it’s a fitting way to close out Fund I’s final cohort.”

As part of the broader Cohort 004 programme, Demo Day was followed the next day by a Closed Door Investment Session, where a further ten founders from the same cohort pitched in a more intimate setting to a panel of venture capital investors. The format was designed to facilitate deeper, allocation-focused conversations between founders and investors beyond the public showcase.

HASAN.VC operates a unique people-powered investment model, where members of its global private angel investor network pool capital in tranches to invest in startups graduating from its accelerator programme. The past three fundraising rounds have been oversubscribed, with the current and final Fund I round still open, reflecting growing demand for halal venture capital among high-income and high-net-worth investors.

Building on four accelerator cohorts and a growing community of founders and investors, HASAN.VC remains committed to supporting ethical, resilient businesses and strengthening the halal economy entrepreneurship ecosystem across Southeast Asia and beyond.