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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 investment firm backing 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 the epicenter of the region’s thriving and diverse startup ecosystem. By combining our experience, network, and resources, we bring deep expertise in consumer, B2B, digital media, 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. This enhances our ability to assist entrepreneurs for growth and later stage investment rounds.

Our leadership

Pandu Sjahrir


Adrian Li

Founder & Managing Partner

Michael Soerijadji

Founder & Managing Partner