Aditya Hadi Pratama · · 1 min readIndonesia’s AC Ventures names former Sea Group exec as venture partner
AC Ventures, an early-stage VC firm based in Indonesia, has named former Sea Group chief strategy officer Alan Hellawell as senior advisor and venture partner.
Photo credit: AC Ventures
In a statement, AC Ventures said Hellawell will support the firm in strategic business introductions and sector research. He was a former venture partner in another Indonesia-based VC firm, Alpha JWC Ventures.
He previously worked together with AC Ventures founding partner Pandu Sjahrir, who was a chairman at Sea Group Indonesia. Hellawell also led a successful limited partner investment into AC Ventures’ fund in 2018.
“I have known the partners for more than 15 years. I have worked with every one of the general partners across a number of activities, and I am convinced that AC Ventures is Indonesia’s most visionary and globally-minded venture capital firm,” Hellawell said.
AC Ventures was founded in 2019 as a merger between two Indonesian VC firms, Agaeti Venture Capital and Convergence Ventures. It just raised more than US$205 million for its third fund late last year and counts prominent companies such as Shipper, Stockbit, Ula, Aruna, and Astro as part of its portfolio.
See also: These are the most active investors in Indonesia’s startups
Editing by Miguel Cordon and Lorenzo Kyle Subido
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
