# Ascent Venture Group

> Ascent Venture Group is a VC fund in Yogyakarta backing B2B, E-Commerce and Industrial. See 12 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Yogyakarta, Indonesia
- Total investments: 12
- Last investment: Nov 2025
- Lead investor: 8%
- Last updated: Aug 2026
- Website: https://ascentgroup.vc/

Ascent Venture Group is a venture capital firm formed with merger of ARISE and Centauri Fund seeks to invest in early stage tech companies in Indonesia and rest of Southeast Asia.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 3 | 25% |
| E-Commerce | 3 | 25% |
| Industrial | 2 | 17% |
| Agriculture | 2 | 17% |
| AgTech | 1 | 8% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 9 | 75% |
| Seed | 2 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Indonesia | 8 | 67% |
| South Korea | 2 | 17% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pruv Finance | Pruv Finance is an RWA infrastructure that brings real-world assets to the DeFi ecosystem. It allows users to access trusted, tokenized assets that are freely tradable and fully composable with DeFi across multiple chains. | $3M | Seed | Nov 26, 2025 |  |
| Qoala | Qoala is a disruptive InsureTech company that leverages big data, machine learning, IoT, and blockchain aiming to revolutionize the insurance landscape in Indonesia. Qoala partners with big companies, including e-commerce and travel platforms, to enhance their customer experience through unique and innovative insurance products. | $45M | Series C | Mar 26, 2024 |  |
| DayaTani | DayaTani supplies farmers with comprehensive services to increase their productivity. | $2.3M | Seed | Jan 16, 2024 |  |
| Jutsoo | Jutsoo is a software development company that provides treasury management and financial data analysis solutions. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Belanjaparts | Belanjaparts is a developer of B2B E-commerce platform that focuses on industrial supplies. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Wifkain | Wifkain platform connects fashion businesses with fabric suppliers. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| bebasinvestasi | Bebasinvestasi is a fintech startup that operates as a social investing platform, integrating features of social media with investment tools to create a community-driven financial ecosystem. Launched in 2021 and based in Jakarta, Indonesia, the company offers users the ability to follow and mirror the trading activities of verified traders,enabling a shared investment experience. With a focus on fostering a collaborative environment, Bebasinvestasi allows users to adjust their investment strategies, automate operations, and share insights within a community. The platform is accessible through its website and mobile application, aiming to revolutionize the way individuals engage with investment opportunities by promoting social interaction among investors. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Paxel.co | Paxel is a lifestyle. We live in today’s socially connected community and strive to make your delivery experience a delight every time. From on-demand app to offline locker network, they aim to enable access and transparency across our service points. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Jente | Jente provides a B2B service that connects boutiques with domestic companies. The company's online platform offers distinct products that become trendsetters as a result of rapidly discovering and sourcing new brands, allowing clients to quickly bring new products from boutiques. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Evermos | Evermos is a social commerce startup that connects resellers-to-brands to consumers via platform to sell everyday Muslim products in Indonesia. Founded in November 2018, by utilizing the reseller program, Evermos incentivizes individuals to share the provided products on their messaging application or social media. Allowing the reseller to own abusiness or online store without requiring operating capital and complex e-commerce system. Evermos focuses on bringing the everyday needs for every Moslem, by providing halal products in various verticals, including fashion, food, cosmetics, home appliances, and business opportunities that comply with Sharia laws. |  | Venture - Series Unknown | Jan 01, 2024 |  |

10 of 12 investments shown.

## Co-investors
- [Flourish Ventures](https://shizune.co/investors/profile/flourish-venture) — VC Fund, 2 deals together
- [AppWorks](https://shizune.co/investors/profile/appworks-ventures) — VC Fund, 1 deal together
- [BRI Ventures](https://shizune.co/investors/profile/bri-ventures) — VC Fund, 1 deal together
- [Central Capital Ventura](https://shizune.co/investors/profile/central-capital-ventura) — VC Fund, 1 deal together
- [Eurazeo](https://shizune.co/investors/profile/eurazeo-com) — VC Fund, 1 deal together
- [Gentree Fund](https://shizune.co/investors/profile/gentree-fund) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Ascent Venture Group invest in?

Ascent Venture Group invests primarily in B2B, E-Commerce and Industrial startups, most often at Venture - Series Unknown and Seed stage. Most of the 12 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ascent Venture Group last invest?

The most recent investment recorded for Ascent Venture Group closed in Nov 2025. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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