US-based investment firm Capria Ventures has made its first limited partner (LP) investment in Indonesia, backing early-stage venture capital firm AC Ventures, according to a statement.
AC Ventures became Capria’s fifth fund manager partner in Asia, the US firm said. Capria has previously backed general partners including Singapore-based Genesis Alternative Ventures, India’s Arkam Ventures and Unitus Ventures, and Dubai-based Global Ventures.