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, targeting innovative technology startups that focus on clean energy, agriculture, fintech, and health industries. ADB Ventures is dedicated to supporting impact technology solutions that align with the Sustainable Development Goals (SDGs) in the Asia and Pacific regions. Through its investments, the firm aims to foster technological advancements that address pressing challenges in these sectors.

Daniel Hersson

Senior Fund Manager Co-Founder

Dominic Mellor

Principal Investment Specialist

Past deals in Philippines

Packworks

Seed Round in 2022
Packworks is a Philippines-based ERP, fintech, and data platform. Their mission is to be the Square of South East Asia by helping millions of micro-entrepreneurs across the region grow their business by empowering them with business tools, access to financial products, and fast-moving consumer goods companies.

Packworks

Seed Round in 2021
Packworks is a Philippines-based ERP, fintech, and data platform. Their mission is to be the Square of South East Asia by helping millions of micro-entrepreneurs across the region grow their business by empowering them with business tools, access to financial products, and fast-moving consumer goods companies.

Kiu Global

Seed Round in 2019
Kiu Global is a digital platform that facilitates access to financing for small and medium-sized enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) across Asia. Established over five years ago, Kiu addresses the challenges faced by these businesses, particularly in obtaining loans due to high rejection rates from financial institutions, lack of credit histories, and insufficient collateral. The company offers the Kiu Business Management Platform (BMP), which streamlines business processes, enhances transparency, and helps establish credibility with banks. Kiu operates in multiple countries, including the Philippines, Cambodia, Vietnam, and Myanmar, partnering with local banks and microfinance institutions to support digitalization and financial inclusion for underserved markets. By digitizing business operations and providing educational resources, Kiu empowers SMEs and MSMEs to improve their operational efficiency and secure the capital needed for growth.
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