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Ascent Venture Group is an early-stage venture capital firm, investing in technology companies across Southeast Asia. The firm operates as a thesis-driven platform, identifying and backing high-potential, tech-enabled businesses. It cultivates regional innovation ecosystems by providing capital and expertise to emerging enterprises.
Established in 2023, Ascent Venture Group emerged from the merger of two Indonesian venture capital funds, Arise and Centauri. This consolidation unified their investment philosophies and networks. The foundational insight was that a combined entity could accelerate the early-stage tech landscape across Southeast Asia, especially within Indonesia, by leveraging shared strengths.
The firm’s portfolio includes early-stage technology companies within Indonesia and the broader Southeast Asian market. Ascent Venture Group aims to nurture and advance these ventures, facilitating their expansion. Its long-term vision focuses on expanding innovation ecosystems, offering foundational support for future technological leaders and fostering a vibrant entrepreneurial environment.
Ascent Venture Group has 1 tracked investment across 1 company. The latest tracked deal is $2.3M Seed in DayaTani in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 17, 2024 | DayaTani | $2.3M Seed | Ascent Venture Group, KBI Investment | BRI Ventures, Gentree Fund, Northstar Ventures |