AC Ventures
Indonesia's AC Ventures hits first close on debut fund
AC Ventures, a recent merger of Indonesia’s Agaeti Ventures and Convergence Ventures, has reached a first close of $56 million for its debut fund as a combined group. The target is $80 million.
Duo of Indonesia fishery start-ups attracts funding
Northstar Group and Go-Ventures have led a Series B round of undisclosed size for Indonesia’s eFishery, while East Ventures has backed a $5.5 million Series A for fishing industry app Aruna.
Tenaya Capital leads Series A round in Indonesia's Kargo
Indonesian logistics platform Kargo Technologies has finalised a IDR504 billion ($31 million) Series A round led by Tenaya Capital, formerly the venture arm of Lehman Brothers.
Indonesia's Agaeti, Convergence merge to form AC Ventures
Indonesian venture capital investors Agaeti Ventures and Convergence Ventures have announced a merger to form a new firm, AC Ventures.