ADB Ventures

ADB Ventures is a venture capital arm of the Asian Development Bank, established in January 2020 and headquartered in Manila, Philippines. The firm specializes in seed and early-stage investments in startups that focus on innovative technology solutions addressing pressing issues across several sectors, including clean energy, agriculture, fintech, and health. ADB Ventures aims to support companies that provide impactful technological advancements that contribute to the Sustainable Development Goals in the Asia and Pacific regions. Through its investments, the firm seeks to promote sustainable development and address critical challenges in climate change, food security, and mobility.

Regine Cokieng

Portfolio Management Associate

Daniel Hersson

Senior Fund Manager Co-Founder

Minsoo Kim

Investor

Dominic Mellor

Principal Investment Specialist

Jugnu Pati

Senior Fund Manager

Yichu Zhang

Investment Associate

Past deals in Philippines

Packworks

Seed Round in 2022
Packworks is a Philippines-based company that offers an end-to-end platform aimed at supporting micro-entrepreneurs in Southeast Asia. By providing a comprehensive solution that integrates enterprise resource planning (ERP), fintech services, and data analytics, Packworks helps small businesses enhance their operational efficiency and resilience. The platform addresses various challenges, including sales monitoring, dispatching, and logistics, enabling users to gain insights into their operations and make informed decisions. With a focus on empowering micro-entrepreneurs, Packworks connects them with business tools, financial products, and fast-moving consumer goods companies, ultimately fostering growth and sustainability in their enterprises.

Packworks

Seed Round in 2021
Packworks is a Philippines-based company that offers an end-to-end platform aimed at supporting micro-entrepreneurs in Southeast Asia. By providing a comprehensive solution that integrates enterprise resource planning (ERP), fintech services, and data analytics, Packworks helps small businesses enhance their operational efficiency and resilience. The platform addresses various challenges, including sales monitoring, dispatching, and logistics, enabling users to gain insights into their operations and make informed decisions. With a focus on empowering micro-entrepreneurs, Packworks connects them with business tools, financial products, and fast-moving consumer goods companies, ultimately fostering growth and sustainability in their enterprises.

Kiu Global

Seed Round in 2019
Kiu Global, established over five years ago, is a technology company that specializes in bridging the gap between small and medium-sized enterprises (SMEs) and micro, small, and medium-sized enterprises (MSMEs) with financial institutions in Asia. It offers a cloud-based business management platform that leverages artificial intelligence for credit scoring, enabling SMEs and MSMEs, often rejected by traditional banks due to lack of credit history or collateral, to access capital. Kiu's platform aims to digitize and transform these businesses, fostering economic growth and financial inclusion.
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