Alpha JWC Ventures is a Southeast Asian early-to-growth stage venture capital firm that debuted in Indonesia in 2015. Its latest closed fund (Fund III) closed at USD 433 million, and the firm has over 70 active portfolio companies across fintech, consumer tech, SaaS, and healthcare.
Their most common stage is series-a (42% of deals). Average disclosed round size is $28.1M (across 29 rounds with reported amounts).
Portfolio
32
Fund Size
$433M
Top Stage
Series A
Last 12 Mo
0
Team
CT
Chandra Tjan
Co-Founder & General Partner
JJ
Jefrey Joe
Co-Founder & General Partner
WO
Will Ongkowidjaja
Founding Partner
EK
Eko Kurniadi
Venture Partner
ED
Erika Dianasari Go
Partner, Alpha-X
TT
Terry Tse
Venture Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
36 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Harrison.ai | Series C | $112M | Feb 2025 |
 Cornerstone Robotics | Series C | $70M | Jan 2025 |
| PPeak3 | Series A | $35M | Jun 2024 |
 Bunker | Seed | — | Jul 2023 |
 MMA Brand Services Pte. Ltd. | Series B | $30M | Sep 2022 |
 UpBanx | Pre-Seed | — | May 2022 |
| PPitik | Series A | $14M | May 2022 |
 Sayurbox | Series C | $120M | Mar 2022 |
 Next Gen | Series A | $100M | Feb 2022 |
 Infina | Seed | $6M | Feb 2022 |
 Spenmo | Series A | $34M | Sep 2021 |
 GudangAda | Series B | — | Jul 2021 |
 Hangry | Series A | $13M | May 2021 |
 CoLearn | Series A | $10M | Apr 2021 |
 Ajaib | Series A | $65M | Mar 2021 |
 Raena | Series A | $9M | Feb 2021 |
 Credibook | Series A | $1.5M | Jan 2021 |
| Ajaib | Series A | $25M | Jan 2021 |
| SStyle Theory | Series B | $15M | Dec 2019 |
 Funding Societies | Series B | $25M | Apr 2018 |
 Base.vn | Seed | $1.3M | Jan 2018 |
| RRateX | Series A | $3M | Jan 2018 |
 Zuzu Hospitality | Seed | $2M | Oct 2017 |
 Kulawarga Asia | Series C | — | — |
| Ajaib | Seed | — | — |
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Top Co-Investors
Insignia Ventures Partners6 shared
January Capital6 shared
Horizons Ventures4 shared
Y Combinator4 shared
SBVA4 shared
AC Ventures4 shared
Northstar Group4 shared
Wavemaker Partners4 shared
BEENEXT4 shared
Peak XV Partners3 shared
Alpha Wave Global3 shared
Surge2 shared
Golden Gate Ventures2 shared
EQT Ventures2 shared
Global Brain Corporation2 shared
Syngenta Group Ventures2 shared
FEBE Ventures2 shared
Broadhaven Capital Partners1 shared
Operator Partners1 shared
Last updated: 8 September 2026