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Alpha JWC Ventures continues to drive growth in 2022

18 January 2022 11:08

JAKARTA - Indonesian venture capital firm Alpha JWC Ventures (Alpha JWC), announced its fourth quarter performance and continued strong momentum into 2022 to maintain its position as the largest and best performing early-stage venture capital fund in Southeast Asia. By 2021, this Venture Capital (VC) company has four unicorns in its portfolio, with 14 companies valued at USD 500 million to USD 1 billion and supported by global investor interest and the strong performance of the Indonesian technology sector.

Last year was a very important year for Alpha JWC as a company that has invested in 29 deals with a value of more than 80 million US dollars; and welcomes 18 new startups in Southeast Asia to its portfolio. The new companies include e-commerce aggregator located in Asia Pacific, UnaBrands, Indonesia's largest online and offline automotive aftermarket platform, and software-as-a-service (SaaS) for Indonesia's largest food and beverage business, ESB. Alpha JWC also closes 2021 with the presence of its fourth unicorn, the Kopi Kenangan coffee franchise, following the previous unicorns, namely Carro, Kredivo, and Ajaib.

Partner, Value Creation, Alpha JWC Ventures, Erika Dianasari said, “With the closure of our largest Fund III and a strong Indonesian market, we are in a better position to provide opportunities for potential startups, while helping founders increase their business growth, closing investment and take their business to new heights. We are the first VC in Indonesia and Southeast Asia to apply a value adding management approach to a portfolio company and have proven successful based on our achievements. Now we are taking Alpha JWC's performance to the next level through an international team expansion, a stronger presence in other countries in Southeast Asia, as well as support for a more intensive and extensive portfolio of companies," said Erika. (LM)

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