- Jakarta VC firm AC Ventures raised $210M for its fifth fund.
- Founder Adrian Li said their aim goes beyond returns to support purpose-driven founders.
- AC Ventures is positioned to keep enabling regional startups in Southeast Asia.
Jakarta-based venture capital firm AC Ventures has successfully raised $210 million for its fifth fund, ACV Fund V.
The fund attracted backing from global limited partners, half of which are returning investors from the World Bank’s International Finance Corporation, as well as US, Middle Eastern, and North Asian financial institutions.
A mission beyond financial returns
“With ACV Fund V, our aim goes beyond investments with strong financial returns – we want to support founders building companies that balance profit and purpose,” said Adrian Li, Founder and Managing Partner of AC Ventures.
Rather than following trends, this strategy reflects AC Ventures’ long-held belief in sustainable investments. ACV offers its portfolio companies support spanning business development, strategic partnerships, recruiting, government relations, and financial planning.
Empowering regional startups in Southeast Asia
AC Ventures currently oversees $500 million in assets across its five main funds. Staying true to its Southeast Asia focus, the firm has invested in over 120 regional startups to date.
Its portfolio includes notable companies such as payments platform Xendit, used car marketplace Carsome, and SME lending platform KoinWorks. One of ACV’s more recent bets is Indonesian agritech firm Koltiva, which brings transparency to the farm-to-table supply chain.
AC Ventures is well-positioned to continue enabling purpose-driven entrepreneurs across Southeast Asia. Backed by global LPs and armed with extensive value-added offerings, ACV remains focused on supporting founders that intertwine business goals with positive societal change.
