AC Ventures (ACV Capital) is a Southeast Asian venture capital firm focused on investing in early-stage and growth-stage tech-enabled businesses, primarily in Indonesia. Formed through the 2019 merger of Agaeti Venture Capital and Convergence Ventures, the firm has over US$500 million in assets under management and a portfolio of more than 100 companies across fintech, e-commerce, healthcare, climate, and consumer sectors.
Deal activity increased 33% year-over-year (4 deals in the last 12 months). Average disclosed round size is $20.5M (across 78 rounds with reported amounts).
Portfolio
65
Fund Size
$210M
Top Stage
Series A
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
94 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Scholé.ai | Seed | $3M | Jan 2026 |
 Sensetics | Pre-Seed | $1.8M | Nov 2025 |
| OOWM | Seed | — | Sep 2025 |
| VVeezoo | Series A | — | Sep 2025 |
 Nsave | Series A | $18M | Jan 2025 |
| SSkor Technologies | Series A | $6.2M | Jan 2025 |
 Supermom | Series B | — | Oct 2024 |
 Supermom | Series B | — | Oct 2024 |
 neustark | Growth | $69M | Jun 2024 |
| Nsave | Seed | $4M | Mar 2024 |
 Aeria | Pre-Seed | $1.8M | Jan 2024 |
 SEACEF II | Unknown | $55M | Jan 2024 |
 Xurya | Unknown | $55M | Jan 2024 |
 Rose All Day | Seed | — | Dec 2023 |
| Rose All Day | Series A | $5.4M | Dec 2023 |
 Maka Motors | Seed | $37.6M | Jul 2023 |
 Maka Motors | Seed | $37.6M | Jul 2023 |
| VVantient | Unknown | $3.5M | Jun 2023 |
 SkorLife | Seed | $4M | May 2023 |
| Rose All Day | Series A | $5.4M | Jan 2023 |
 Legit Group | Series A | $13.7M | Jan 2023 |
 Segari | Series B | $23.5M | Jan 2023 |
| Maka Motors | Seed | $37.6M | Jan 2023 |
 Legit | Series A | $13.7M | Jan 2023 |
| Maka Motors | Seed | $37.6M | Jan 2023 |
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Top Co-Investors
Peak XV Partners11 shared
Y Combinator9 shared
Hearst Ventures9 shared
BEENEXT8 shared
Saison Capital8 shared
Sequoia Capital6 shared
Northstar Group5 shared
Skystar Capital5 shared
Global Founders Capital5 shared
Lightspeed Venture Partners5 shared
Wavemaker Partners5 shared
Qualgro5 shared
Alpha JWC Ventures4 shared
Kinesys Group4 shared
SV Investment Corporation4 shared
Provident Capital Partners4 shared
Endeavor4 shared
SMDV4 shared
India Quotient4 shared
Goodwater Capital4 shared
Last updated: 7 October 2026