Xavier Kong · · 1 min readAC Ventures ties up with CTO-as-a-service firm to bolster tech teams
Southeast Asian venture capital firm AC Ventures has announced a partnership with CTO-as-a-service and engineering leadership coaching firm 8020cto. The collaboration is aimed at helping Southeast Asian startups face technical challenges.
(From left) AC Ventures managing partners Michael Soerijadji, Helen Wong, Adrian Li, and Pandu Sjahrir / Photo credit: AC Ventures
8020cto will guide the founders of AC Ventures’ portfolio companies on streamlining their technical and business strategies as well as coach their CTOs and engineers. When needed, the firm can also step in to help solve more complex technical issues like machine learning or cybersecurity challenges.
“Software engineering leadership is difficult because it demands the individual to be an exceptional technologist, have a strong business sense, and possess excellent leadership ability,” said 8020cto founder Jeffrey Scholz.
Founded in 2021, the firm focuses on helping series A companies and those in the earlier stages. It offers the expertise of software engineering executives from companies like Coinbase, Apple, and Yahoo.
AC Ventures also reached the first close of its fifth fund recently, which had a target of US$250 million.
See also: Meet the 50 top-funded startups and tech companies in Southeast Asia
Editing by Miguel Cordon and Jaclyn Tiu
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