Agaeti Ventures

Agaeti Ventures was an early-stage venture capital firm based in Jakarta, Indonesia. The firm specialized in investing in nascent companies, focusing on fostering innovation and growth in the region's startup ecosystem. On April 5, 2020, Agaeti Ventures merged with Convergence Ventures to create AC Ventures, combining their resources and expertise to better support emerging businesses in Southeast Asia.

16 past transactions

Soul Parking

Seed Round in 2020
Soul Parking is a parking management service company, which has successfully developed motorcycle storage equipment as a solution for traffic and parking problems that are cluttered using 100% designs and raw materials. Soul Parking provides solutions by developing a modern, safe and comfortable vehicle parking system that takes into account limited land area.

ProSpark

Seed Round in 2020
ProSpark is a flexible and user-friendly learning management system (LMS) that enables organizations to onboard, train, certify, conduct knowledge transfer, collaborate, and connect their customers and employees.

Waste4Change

Venture Round in 2019
Waste4Change is a leading waste management platform for companies, individuals, and government agencies in Indonesia. The firm’s mission since its inception in 2014 has been to solve waste problems that prevent leakage to the environment and to reduce the amount of waste that ends up in landfills. This company provides reduced waste to landfill, in-store recycling, and 3R School Program.

ALAMI

Seed Round in 2019
Alami is a licensed peer-to-peer lending platform focused on lending to micro, small, and medium-sized enterprises through the principles of sharia finance. Lenders with Funding Recipients in a fair and transparent sharia financing project. The company's mission is to build a sharia ecosystem that enables the Muslim community to create a sustainable life according to Islamic values. Alami was founded in 2019 and is based in Jakarta, Indonesia.

Yummy Corp

Series A in 2019
Yummy Corp is a cloud kitchen management and online catering company that operates a network of delivery-only kitchens. It offers delicious, fresh, and creative food solutions for everyday corporate and group needs and provides food facility management and their signature MICE catering, delivering customers experience while helping them manage costs. Yummy Corp’s cloud kitchen service Yummykitchen, launched in 2019, is a full-service Indonesian cloud kitchen operator, renting out shared kitchen spaces and undertaking operations for the company’s partner brands. The company rents space to existing food and beverage brands, providing them kitchen infrastructure as well as the necessary staff to assist in fulfilling delivery and takeout orders. Yummy Corp is an affiliate of Ismaya Group, a Lifestyle Food & Beverage company. The Tangerang, Jawa Barat-based company was founded in 2017 by brothers Marbio, Mario, and Marius Suntanu, and Juan Chene.

StickEarn

Series A in 2019
StickEarn is a revolutionary out-of-home advertising platform that connects drivers and brands to create powerful and memorable on-vehicle advertising.

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 provides a full-body workout that tones the body and improves cardiovascular endurance. Their customers' inquiries are addressed through phone, email, and online applications.

Wahyoo

Seed Round in 2019
An F&B enabler in Indonesia focusing on scaling up F&B SMEs through the integrated solutions of e-supplies, micro-financing, and kitchen partnerships (Wahyoo Kitchen Partners). Currently, serving up to 27,000 kitchens across Jabodetabek

CoHive

Series B in 2019
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, founded in 2015 and headquartered in South Jakarta. The company operates a network of co-working spaces, co-living spaces, co-retail areas, and event venues across major cities, including Jakarta, Medan, Yogyakarta, and Bali, covering approximately 66,000 square meters. With around 9,000 members, primarily consisting of startups and small to medium enterprises, CoHive aims to foster a vibrant community that supports business growth. In addition to workspace solutions, CoHive organizes knowledge-sharing sessions and offers skill development programs, such as coding and UI/UX classes, in collaboration with relevant institutions. The company's leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.

Bobobox Indonesia

Seed Round in 2019
Bobobox is a trusted accommodation service where the traveler can stay in a smarter way and commuter can rest to recharge their energy.

Kargo Technologies

Seed Round in 2019
Kargo Technologies is a freight logistics marketplace covering the entire Indonesian archipelago. The Company enables shippers, transporters, and truckers to connect, transact, and track shipments in real-time on a platform, which they can access via the website and mobile app. With Kargo Technologies, users can expand their shipping business network and increase revenue.

Fore Coffee

Series A in 2019
Fore Coffee is an operator of a coffee joint intended to change coffee consumption with technology. The company's joint offers each cup brewed with freshly roasted beans that are sourced, roasted, and developed with an espresso blend with only Arabica beans, enabling consumers to savor a strong and flavourful coffee.

Warung Pintar

Series A in 2019
Warung Pintar is a micro retail technology company with a mission to enable digitalization for the grassroots population to improve the community around them. With data processing and analysis, Warung Pintar enables data point for the underserved bottom of the pyramid which forms the bulk of the population in Indonesia, opening new windows of opportunity for financial inclusion, social security, behavior analysis, community engagement and impact monitoring.

Bizzy

Series A in 2018
Bizzy is a B2B marketplace and e-procurement platform. On April 6, 2019, Bizzy.co.id expanded its business in collaboration with Bizzy Logistics and Bizzy Distribution, to offer full supply chain services to all businesses in Indonesia under the auspices of the Bizzy Group. We are building an integrated digital platform for Logistics and Distribution, providing full supply chain services in Indonesia, to increase efficiency in logistics and distribution, and increase growth in all businesses in Indonesia.

Otten Coffee

Series A in 2015
Otten Coffee is a one-stop e-commerce for coffee lovers. Customers can order everything they need to prepare the best coffee possible, including but not limited to beans, espresso machines, grinders, and specialized tools for baristas.
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