Organization · Venture Capital
Ascent Venture Group
Ascent Venture Group is a venture capital firm focused on early-stage technology investments in Southeast Asia, particularly Indonesia. Formed in 2023 from the merger of ARISE and Centauri Fund, it aims to support innovation ecosystems in the region.
Overview
What Ascent Venture Group does
What Ascent Venture Group is
Ascent Venture Group is a venture capital firm focused on early-stage technology investments in Southeast Asia, particularly Indonesia. Formed in 2023 from the merger of ARISE and Centauri Fund, it aims to support innovation ecosystems in the region.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2023
- Approximate age
- About 3 years
- Structured capabilities
- Funder
- Last reviewed
- May 1, 2026
Official channels
Find Ascent Venture Group elsewhere
Open the official website or a supported primary organization account.
Capability profile
Ascent Venture Group as a funder
Investment thesis
Ascent Venture Group invests with a thesis-driven approach in high-growth, early-stage, tech-enabled companies in Indonesia and Southeast Asia, focusing on MSME enablement, financial-service digitalization, neo-consumer, climate, and healthcare.
Focus narrative
Ascent Venture Group primarily targets early-stage investments in technology sectors, emphasizing software, digital media, and technology-enabled services. The firm is particularly interested in companies that enable MSMEs, digitalize financial services, and address climate and healthcare challenges.
Value beyond capital
Ascent Venture Group adds value to its portfolio companies by leveraging its extensive network of ecosystem partners, including MDI Ventures and KB Investment. This access helps founders reach product-market fit and secure additional funding as they scale.
Focus and fit
- Stages
- Seed · Series A
- Regions
- Southeast Asia · Asia · Global
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
Ascent Venture Group's portfolio includes notable companies such as: AvidXchange: A provider of accounts payable and payment automation solutions. Cogo Labs: A company that builds and scales online businesses. EverQuote: An online insurance marketplace. DayaTani: An Indonesian agtech platform focused on agriculture supply chains. Qoala: An insurtech company operating in Indonesia. Paxel: A logistics provider in Indonesia.
Common questions
What to know about Ascent Venture Group
Upseed classifies Ascent Venture Group under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.