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 decreased year-over-year (2 deals in the last 12 months vs 5 prior). Average disclosed round size is $20.8M (across 82 rounds with reported amounts).
Portfolio
64
Fund Size
$210M
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
98 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $3M | Jan 2026 | |
| Pre-Seed | $1.8M | Nov 2025 | |
| OOWM | Seed | — | Sep 2025 |
| VVeezoo | Series A | — | Sep 2025 |
| Series A | $18M | Jan 2025 | |
| SSkor Technologies | Series A | $6.2M | Jan 2025 |
| Series B | — | Oct 2024 | |
| Series B | — | Oct 2024 | |
| Growth | $69M | Jun 2024 | |
| Seed | $4M | Mar 2024 | |
| Pre-Seed | $1.8M | Jan 2024 | |
| Unknown | $55M | Jan 2024 | |
| Unknown | $55M | Jan 2024 | |
| Seed | — | Dec 2023 | |
| Series A | $5.4M | Dec 2023 | |
| Seed | $37.6M | Jul 2023 | |
| Seed | $37.6M | Jul 2023 | |
| VVantient | Unknown | $3.5M | Jun 2023 |
| Seed | $4M | May 2023 | |
| Series A | $5.4M | Jan 2023 | |
| Series A | $13.7M | Jan 2023 | |
| Series B | $23.5M | Jan 2023 | |
| Seed | $37.6M | Jan 2023 | |
| Series A | $13.7M | Jan 2023 | |
| Seed | $37.6M | Jan 2023 |
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Top Co-Investors
Peak XV Partners11 shared
Y Combinator10 shared
Hearst Ventures9 shared
BEENEXT9 shared
Saison Capital8 shared
Sequoia Capital6 shared
Global Founders Capital6 shared
Northstar Group6 shared
Skystar Capital6 shared
Lightspeed Venture Partners6 shared
Prosus Ventures5 shared
Alpha JWC Ventures5 shared
Endeavor5 shared
SMDV5 shared
Quona Capital5 shared
Qualgro5 shared
Sequoia Capital India's Surge4 shared
Kinesys Group4 shared
SV Investment Corporation4 shared
Provident Capital Partners4 shared
Last updated: 20 October 2026
