Indonesia DB: Worktrees gets funding; United Tractors sets up JV; IATA private placement

Indonesia DB: Worktrees gets funding; United Tractors sets up JV; IATA private placement

Worktrees.com

Software developer marketplace Worktrees obtains funding from angel investor and Indonesian entrepreneur Grace Tahir, Indonesia Transport and Infrastructure (IATA) is raising Rp16.6 billion ($1.2 million) through a private placement, and United Tractors sets up a new joint venture with Japan and Netherlands to operate a steam-powered plant in Jepara, Central Java.

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