AC Ventures

AC Ventures closes its new $210M Indonesia-focused fund

In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, fini

This startup brings Southeast Asia’s vacant hospital rooms into the sharing economy

Uber and Airbnb have long been the poster children for the sharing economy. In other realms of society, entrepreneurs are also trying to match demand with untapped assets and services. HD, a startup b

AC Ventures reaches first close of a $250M fund for Southeast Asian startups

AC Ventures (ACV), a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting

PINA offers wealth management for Indonesia’s growing middle- to upper-class

While many of Indonesia’s investment apps are focused on hooking first-time investors with low fees and starting deposits, PINA is targeting the middle-to-upper classes with wealth management servic

Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery

Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Indonesia-focused AC Ventures closes oversubscribed $205M third fund

More investor money is flowing into Indonesia’s startup ecosystem. Today, AC Ventures, which focuses on early-stage startups in the country, announced it has raised $205 million in committed capital

AC Ventures announces the first close of its $80 million fund for Indonesian startups

As one of the world’s most populated countries, with a fast-growing internet economy, Indonesia offers plenty of opportunity for startups. AC Ventures wants to tap into that with its $80 million ACV