Agaeti Ventures

Agaeti Ventures was an early-stage venture capital firm based in Jakarta, Indonesia, established in 2018. The firm specialized in pre-series A and series A investments, focusing on technology-related companies throughout Indonesia and Southeast Asia. In April 2020, Agaeti Ventures merged with Convergence Ventures to create AC Ventures, expanding its reach and capabilities in the venture capital landscape.

Erwin Sutanto

Venture Partner

12 past transactions

Soul Parking

Seed Round in 2020
Soul Parking is a specialized parking management service that addresses urban motorcycle parking challenges through innovative solutions. The company has developed compact motorcycle storage systems designed to optimize limited land areas while ensuring safety and comfort for users. These systems incorporate security measures, including closed-circuit television monitoring and the oversight of parking attendants, to provide a secure environment for two-wheelers. By focusing on modern design and efficient use of space, Soul Parking offers a reliable and accountable parking solution aimed at alleviating traffic congestion and enhancing the overall parking experience for motorcycle users.

ProSpark

Seed Round in 2020
ProSpark is a global Learning Management System (LMS) designed to facilitate the onboarding, training, and certification of employees within organizations. The platform offers a user-friendly interface and provides flexible, gamified learning tools and resources aimed at enhancing professional skills. By focusing on upskilling and reskilling, ProSpark enables companies to improve workforce capabilities and boost overall productivity. It also fosters collaboration and knowledge transfer among employees and customers, making it a comprehensive solution for organizational learning and development.

Waste4Change

Venture Round in 2019
Waste4Change is a waste management service provider in Indonesia focused on reducing landfill waste through technology and collaboration. The company aims to create a sustainable waste management ecosystem that supports a circular economy and promotes a waste-free environment. Its services encompass consultation, campaigning, and waste collection, along with innovative solutions for waste creation and recycling. By engaging with communities, Waste4Change seeks to offer responsible and sustainable waste management practices, contributing to the overall improvement of waste handling in the region.

ALAMI

Seed Round in 2019
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Yummy Corp

Series A in 2019
Yummy Corp is a cloud kitchen management and online catering company based in Tangerang, Jawa Barat. Founded in 2017 by brothers Marbio, Mario, and Marius Suntanu, alongside Juan Chene, the company operates a network of delivery-only kitchens. Yummy Corp specializes in providing fresh and creative food solutions tailored for corporate and group needs, including customizable catering services across various sectors such as corporate, healthcare, and education. Its notable service, Yummykitchen, launched in 2019, offers shared kitchen spaces for existing food and beverage brands, supplying essential infrastructure and staff to facilitate delivery and takeout orders. By focusing on food facility management and signature MICE catering, Yummy Corp aims to enhance customer experiences while effectively managing costs. The company is affiliated with Ismaya Group, a prominent player in the Lifestyle Food & Beverage industry.

StickEarn

Series A in 2019
StickEarn is an innovative advertising platform based in Cempaka Putih, Indonesia, founded in 2017. The company specializes in on-vehicle advertising, providing a unique solution that connects brands with drivers to facilitate impactful advertising campaigns. By leveraging vehicles as mobile billboards, StickEarn offers brands a dynamic way to reach their target audience while providing drivers with an opportunity to earn income through advertising. The platform focuses on creating memorable advertising experiences that enhance brand visibility and engagement.

Akseleran

Series A in 2019
Akseleran is a peer-to-peer lending platform that connects SMEs that need loans to develop businesses with a group of lenders who have more funds to fund the loan. Akseleran provides access to capital for businesses with competitive interest rates and flexibility in loan tenors, payment models, and collateral participation. Akseleran also opens alternative lending opportunities to the Indonesian people to obtain attractive returns and commensurate with the risks involved.

Ride Jakarta

Seed Round in 2019
Ride Jakarta owns and operates indoor cycling studio. The company offers three classes which includes beginners ride for those new to indoor cycling and for one who is new to working out; signature ride suitable for all-levels, and advanced ride for riders who have been to more than ten classes and are familiar with the technique and basics of ride. The company was founded in 2015 and is based in Jakarta, Indonesia.

Wahyoo

Seed Round in 2019
Wahyoo Group, founded in 2017 and based in Tangerang, Indonesia, develops a digital application aimed at supporting traditional food stall owners. The company provides a comprehensive range of products essential for food stalls, including vegetables, groceries, kitchen spices, noodles, tea, coffee, and other necessities. Wahyoo's mission is to enhance the quality of products and services offered by these food stalls, thereby contributing to their business success and overall prosperity. By leveraging technology, Wahyoo standardizes supply chain management, operational processes, marketing strategies, and financial infrastructure, enabling food stall owners to improve their efficiency and reach their goals.

Bobobox

Seed Round in 2019
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It offers innovative accommodation services designed for travelers and millennial adventurers, allowing them to stay in a more efficient and comfortable manner. In addition to its core services, Bobobox also provides franchise opportunities, enabling others to join its expanding network. The company aims to create spaces where travelers can rest and recharge, catering to the needs of modern commuters and explorers.

Kargo Technologies

Seed Round in 2019
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, that connects shippers from the retail, e-commerce, and commercial sectors with truck fleets across the country. Established in 2018, the company offers a freight logistics marketplace that facilitates real-time transactions and tracking of shipments through its website and mobile app. By digitizing the freight matching process, Kargo Technologies eliminates intermediaries, allowing for more efficient connections between shippers, transporters, and truckers. This platform aims to streamline supply chains and enhance the overall logistics experience throughout the Indonesian archipelago.

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company aims to transform coffee consumption in Indonesia through technological innovations. It serves coffee brewed from freshly roasted Arabica beans, ensuring a strong and flavorful experience for consumers. By focusing on quality sourcing and roasting techniques, Fore Coffee distinguishes itself in the competitive coffee market.
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