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AC Ventures is a Southeast Asian venture capital firm formed in 2020 through the merger of Agaeti Ventures and Convergence Ventures. Founded and led by Adrian Li. Invests in early-stage tech-enabled businesses across Indonesia and ASEAN with over $500 million AUM across five funds. 120+ investments including 2 unicorns and generated 30,000+ jobs.
Fund V ($210M) focuses on fintech, e-commerce, health tech, MSME enablement, and climate tech. Especially interested in profitable bootstrapped companies with strong unit economics and companies addressing Indonesia's 64 million MSMEs.
Notable: Xendit (payments), Carsome (used car marketplace), Stockbit (trading), Ula (B2B commerce), Aruna (supply chain), Shipper (logistics), Moka (POS), Fore Coffee (F&B), MAKA Motors (EVs), Koltiva (agritech). 2 unicorns, 120+ total companies.
To approach AC Ventures, founders should prepare a concise pitch that highlights their business model, market potential, and how they align with AC Ventures' focus on tech-enabled solutions. Interested parties can submit their pitches through the dedicated pitch page at acv.vc/pitch or contact them via email at info@acv.vc.
In the last 12 months, AC Ventures has made 14 investments, continuing to expand its portfolio of tech-enabled businesses in Southeast Asia. Their notable exits include successful companies like Xendit and Carsome, showcasing their impact in the region.
AC Ventures invests in Seed, Series A, Series A Plus, Series B, and Growth Equity stages.
You can pitch AC Ventures through their website at acv.vc/pitch or via email at info@acv.vc.
AC Ventures focuses on fintech, SaaS, e-commerce, healthcare, logistics, food-agtech, climate, consumer, edtech, and HR tech.
AC Ventures typically invests between $2 million and $30 million.
AC Ventures primarily invests in Southeast Asia, with a strong focus on Indonesia.
AC Ventures emphasizes a founder-first approach and provides hands-on operational support to its portfolio companies.
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