AC Ventures

AC Ventures is a an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors. Formed through the merger of leading VC firms Agaeti Venture Capital and Convergence Ventures.

AC Ventures invests in high-growth Indonesian startups and helps them become world-class companies. Its tech-focused investment team specializes in consumer businesses, B2B, digital media, fintech, and SME industries.

As of March 2024, the firm has more than $500 million under management and it has made more than 120 investments.

When looking at startups, AC Ventures ranks them in terms of environment, health, society and knowledge. It also strongly encourages gender parity, with 50% of its leadership being women, and 41% of C-level leaders in its portfolio also being women. AC Ventures is a signatory of the UN’s Women’s Empowerment Principles and IFC’s Invest2Equal program.