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About Us

Indonesian roots, Global scale

We strive to be the most trusted and valuable partner in helping founders build their businesses in Indonesia and beyond.

AC Ventures was formed through the merger of two leading venture capital funds in Indonesia – Agaeti Venture Capital and Convergence Ventures. We are a tech-focused venture capital firm investing in early stage high-growth businesses.

Our mission is to invest in the best Indonesian startups and help them grow into world-class companies. In 15 years of investing, we’ve done just that – backed founders who had the dream of reshaping markets with disruptive new business models that change industries.

15 years of experience
95 portfolio investments
$7B market cap created

We believe that Indonesia is home to a thriving and diverse startup ecosystem. By combining our experience, network and resources, we bring deep expertise in Consumer, B2B, Digital Media Enablers, FinTech and SME industries to our portfolio. 

Investing in startup growth stages

Through our founder-first, fundamentals and operating approach, we work closely with entrepreneurs and complement them with our research-driven knowledge and action orientated portfolio support, business development and network. We also have a strategic alliance with Indies Capital, a leading alternative capital provider in Indonesia, which enhances our ability to assist entrepreneurs for growth/later stage capital.

Our Leadership

Pandu Sjahrir


Adrian Li

Founding & Managing Partner

Michael Soerijadji

Founding & Managing Partner