Coldspace

Coldspace is an integrated end-to-end cold chain solutions provider in Indonesia, addressing the market's need for reliable temperature-controlled logistics. Founded in December 2022 by Arnold Giovanni (CEO), Ivan Liadi (Head of Business Development & Product), David Loei (Head of Sales), and Jan Sunaryanto (Head of Finance), the company was established to tackle the challenges of fragmentation and limited geographic reach for temperature-sensitive products.

The company serves both business-to-business (B2B) and business-to-consumer (B2C) clients, including importers, exporters, distributors, and producers in sectors like food and beverage (fisheries, meat, poultry, dairy, fruits, vegetables), pre-packaged meals, and pharmaceuticals. Its business model is a hybrid, utilizing its own inventory of cold storage facilities and reefer trucks while also operating a marketplace that aggregates third-party cold chain partners. This approach allows Coldspace to offer competitive pricing and improve asset utilization for its partners by matching supply with demand through its technology stack. As of April 2023, the company managed 3,000 tons of its own cold storage capacity and 20 reefer trucks, with its marketplace featuring an additional 30,000 tons of capacity and 100 trucks from partners.

Coldspace's core services include cold storage, linehaul transport, and hyperlocal fulfillment. A key offering is its hybrid cold fulfillment warehouse, which is capable of managing four different temperature zones—frozen (-18°C to -25°C), chiller (-4°C to 6°C), air-conditioned, and dry—within a single facility. This allows for the efficient handling of diverse products, from frozen foods to chocolate and dry goods. To enhance customer experience, the company plans to provide a complimentary Warehouse Management System (WMS) and Transportation Management System (TMS) for product tracking and analytics. The company has expanded rapidly, establishing over 15 distribution points within its first three months and operating in major Indonesian hubs like Greater Jakarta, Surabaya, Bali, and Medan. In May 2023, Coldspace secured a significant milestone with a US$3.8 million seed funding round led by Intudo Ventures, ASSA, and Triputra Group to fuel its service capacity expansion and technological development.

Keywords: cold chain logistics, temperature-controlled storage, reefer trucks, warehouse management system, transportation management system, B2B logistics, B2C logistics, supply chain solutions, Indonesia logistics, fulfillment services, cold storage marketplace, food distribution, pharmaceutical logistics, third-party logistics (3PL), perishable goods transport, hyperlocal delivery, Arnold Giovanni, integrated logistics, asset-light model, end-to-end supply chain