Indonesia’s Alpha JWC joins US-based Venti Technologies’ $8m round

Indonesia’s venture capital firm Alpha JWC Ventures has co-led a $8-million seed round in US-based safe-speed autonomous mobility company Venti Technologies along with LDV Partners, according to an announcement.

LDV Partners is an early-stage investment firm focused on robotics, AI, precision health, and smart enterprise, among others.

The round will support Venti’s plan to scale its operations globally, including targeting growth opportunities in Asia, Europe, and the US.

Venti provides tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs, self-driving prime movers for the transport of shipping containers, and small luxury community transport.

Following this investment, Lake Dai, Partner, LDV Partners, and Chandra Tjan, co-founder and General Partner, Alpha JWC, will be joining the Venti board.

“This marks our first investment in autonomous vehicles, which we believe will be a game-changer and a first for Asia. Venti’s founders, vision, product, and track record so far have been astonishing, and we are very excited to work together to revolutionize the autonomous vehicle industry and achieve huge success on a global basis together,” said Alpha JWC’s Tjan.

Jakarta-based Alpha JWC had in June filed to raise $300 million for a new fund that will seek investment opportunities in the seed to Series B stages across various sectors.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.