1. Startup

Access Ventures Shares the Big Picture After Closing Its Second Fund

Invested in five Indonesian startups: Andalin, Akseleran, Kata.ai, RevivalTV and Volantis

Hong Kong-based venture capital firm Access Ventures has completed a second fundraising campaign in early December worth of $30 million. Next year they plan to continue fundraising targeting around $50 million.

Charles Rim, General & Founding Partner of Access Ventures, told DailySocial, the company expects to launch some additional plans, especially after securing funding from Korea Venture Investment Corp. As the situation may improve and make it possible, it is expected that the plan will be finalized by the next quarter.

"We have invested in two startups in Indonesia this year (one of those is Andalin), and we're so close to finalizing the ongoing fundraising process," said Charles.

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