Indonesia’s AC Ventures closes debut fund at $205 million
AC Ventures, an early-stage investor created through the merger of Indonesia’s Agaeti Ventures and Convergence Ventures, has closed its debut fund at $205 million. The target was $80 million.
The fund, styled as ACV III, achieved a first close of $56 million last year. LPs include the International Finance Corporation (IFC) and Disrupt AD, the VC platform of Abu Dhabi’s ADQ. Agaeti and...
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