Indonesia’s Alpha JWC Ventures holds $300m first close for third fund

The Alpha JWC Ventures team

Jakarta-based venture capital firm Alpha JWC has held the first close for its third fund at $300 million, according to industry executives aware of the development.

With the first close, the Indonesian VC has already hit its target for Alpha JWC Ventures III LP. The fund seeks to make seed to Series B investments across various sectors in Southeast Asia, with a focus on Indonesia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter