AC ventures

AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia

Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.

Indonesia’s VC deal value expected to decline 70-80% in 2023, says report

Despite a degree of cautious optimism, Indonesia's venture capital deal value is expected to decline 70 percent to 80 percent in 2023, according to a report revealed by Indonesia-based venture capital firm AC Ventures and global consultancy Bain & Company on Wednesday.

Indonesia’s automotive aftermarket startup Otoklix reports 2x annual growth, targets to hit profitability in a year’s time

Otoklix is also gearing up to be a first-mover in Indonesia’s electric vehicle aftermarket, with a focus on outfitting and educating workshop teams to service electric motorbikes. The startup has also entered into a strategic partnership with Indonesia’s state-owned oil and natural gas corporation Pertamina to reestablish the Bright Olimart service chains…

AC Ventures’ Helen Wong on Indonesia’s path to the next decade: progress & prospects

In this episode of the “Going-abroad” live program hosted by TechNode Group Founder and CEO Dr. Lu Gang, AC Ventures Managing Partner Helen Wong shared her views on Indonesia, the attractiveness the country has to offer. She also shared her investment strategy and AC Ventures' future plans, among others.

AC Ventures, BCG see potential value of up to $400B for green growth economy in Indonesia

The value of Indonesia’s green growth opportunity is at $400 billion, combining industry revenue and carbon offset potential, said AC Ventures (ACV) and Boston Consulting Group (BCG) on Thursday. The green growth in Indonesia involves three key focus areas – strategy and professional services (a $46 billion potential market by 2030), solutions that optimize…

AC Ventures’ ESG Head recruited by ASEAN Business Advisory Council for Carbon Center of Excellence

The ASEAN Business Advisory Council (ASEAN-BAC) Green & Sustainable Working Group has confirmed that it has inducted AC Ventures’ Principal and Head of ESG Lauren Blasco into its Carbon Center of Excellence (CCoE).

New report by AC Ventures, AEML reveals promising outlook for electric vehicles in Indonesia

New Report by Indonesia's early-stage venture capital firm AC Ventures and and the Electric Mobility Ecosystem Association (AEML) has revealed a promising outlook for electric vehicles (EV) in Indonesia.

Tech sector may be in ‘funding winter’ but AC Ventures sees opportunities in EV, circular economy & sustainable agriculture, says Managing Partner [Q&A]

In the interview, Helen Wong also shared her views on the overall investment sentiment in Indonesia and gave updates on the deployment of its funds, among others.

AC Ventures launches advisor community to support startups

Indonesia’s leading early-stage venture capital firm AC Ventures (ACV) has on Tuesday formally announced its latest value creation initiative in the form of an expert advisor community, designed to help startups achieve operational excellence from day one.

Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer

Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.