Fundraising Fox

ADB Ventures

Government fund

Mandaluyong · Pre-Seed–Series B · 22 people tracked

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Investment thesis

ADB Ventures backs early-stage technology startups whose solutions address climate change and drive social impact and gender equality in Asia and the Pacific. It offers patient venture capital to early-stage companies and SEED capital to very early-stage ventures to lower the barriers to piloting new climate-focused solutions. The firm pairs its capital with the Asian Development Bank's insights and networks to help portfolio companies scale. Its focus areas include clean energy and industry, sustainable mobility and supply chains, sustainable agriculture and food, circular economy and green materials, green finance and data, and inclusive and resilient communities.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
Check
$13M – $820M
HQ
Mandaluyong, PH
Leads rounds
Follows
Instruments
Equity
Founded
2020
Last 12 months
2 investments
Tracked investments
69

Team · 22 people

from the firm's website & public directories
Kean Ng· Investorin

What they invest in

from 54 of 69 portfolio companies

Cleantech ×18Climate Tech ×17AI & Machine Learning ×15Fintech ×13SaaS ×10AgTech ×9Energy ×9Logistics & Supply Chain ×8

HQs:Singapore×7Philippines×6India×5Indonesia×3Pakistan×3Bangladesh×2

Who they back

founder profiles across 26 portfolio companies
54%
solo founders
14 of 26 mapped founding teams
73%
repeat founders
of 11 founders with career history

Founding team size:solo founder×142 founders×83 founders×4

Where their founders studiedfrom 11 founders with education data

National University of Singapore ×2

Accelerator rootsportfolio companies that came through a program

Entrepreneur First ×2Y Combinator ×2

Investments · 69 tracked

founders shown can be your intro path

By year:2025 · 32024 · 12023 · 15 dated

Agroshiftagroshift.comin✓ verified

Agroshift builds digital infrastructure that connects farmers, processors, and buyers to simplify sourcing, trade, and logistics of food and commodities.

AgTechB2B MarketplacesFoodTechLogistics & Supply Chain

Co-investorsAnchorless BangladeshShorooq Partners

Alternoalterno.netin𝕏

Alternō develops thermal energy storage systems, including sand-based thermal batteries, to provide low-carbon heat for agricultural, industrial, and residential use.

CleantechClimate TechEnergy

Co-investorsAntlerAntler AustraliaUntroD CapitalTouchstone Partners

Ananas Anamananas-anam.com𝕏

Ananas Anam converts waste pineapple leaves into eco-friendly textiles, sold as an alternative to traditional materials for the fashion industry.

Circular EconomyCleantechClimate TechConsumerNew Materials

Carmen Hijosa(Founder)

APXapx.groupin𝕏

APX operates a trucking network in Southeast Asia that connects independent truckers and hubs to move cargo across regions, offering first-mile, last-mile, and line-haul routing so members can maximize truck utilization.

AI & Machine LearningB2B MarketplacesE-commerceLogistics & Supply ChainMobility & TransportationSaaS

Kong Sorawit

Co-investors500 GlobalSBI Ven Capital

Astranova Mobilityastranovamobility.com

Astranova Mobility (formerly Electrifi Mobility) provides a full-stack platform for electrifying commercial vehicle fleets in India, covering vehicle sourcing from OEMs, financing and operating leases, maintenance, refurbishment, and energy solutions.

CleantechFintechMobility & Transportation

Kunal Mundra(Founder)

Co-investorsAdvantedge FoundersTrucks VCIvyCap Ventures

Binar Academybinaracademy.comin

BINAR is an Indonesian digital transformation partner offering corporate training, IT consulting, IT talent outsourcing, and custom AI agents through its SINCRO platform.

AI & Machine LearningEdTechFuture of WorkHR Tech

Co-investorsEduSpazeiGlobe PartnersTeja Ventures

Biodefensebiodefense.co

Develops edible, natural coatings and feed additives to extend the shelf life of perishable foods such as fish, seafood, meat, fruits and vegetables, and to improve poultry and aquaculture farm productivity.

BiotechCircular EconomyFoodTechNew Materials

Co-investorsFounders FundLux CapitalOpenAI Startup Fund

Blitzrideblitz.comin𝕏

Blitz provides white-label express and last-mile logistics services using an all-electric vehicle fleet, letting businesses run deliveries under their own brand with customizable SLAs, live tracking, and cash-on-delivery support.

CleantechLogistics & Supply ChainMobility & Transportation

Saivya Chauhan 🛵📦⚡️(Founder)in

Co-investorsITERATIVEVynn CapitalAlteria CapitalBetter CapitalFirst ChequeIndia Quotient+2 more

Blitz Electric Mobility

Logistics provider offering EVs and optimized last-mile delivery in Indonesia.

BlueWhale Energybluewhaleenergy.comin

Blue Whale Energy provides a software and edge-gateway platform for deploying, managing, and monetizing commercial batteries, aggregating them into a virtual power plant that participates in grid services and trading.

CleantechClimate TechEnergySingapore, SG

Co-investorsUntroD Capital

Caidiocaidio.io

Caidio develops technology for concrete producers to monitor and improve concrete quality and reduce the carbon footprint of concrete production.

CleantechConstruction TechNew Materials

Captain Freshcaptainfresh.inin

Captain Fresh is building a vertically integrated, multi-species global seafood platform that combines physical supply-chain infrastructure with consumer seafood brands.

B2B MarketplacesFoodTechLogistics & Supply Chain

Co-investorsAccelAnkur CapitalEvolvence India FundIncubate FundStride VenturesTrifecta Capital Advisors+5 more

Chickinchickin.idin

Chickin is an Indonesian agricultural technology company serving poultry farmers.

AgTechFoodTech

Tubagus Wangsadisastra

Co-investors500 GlobalEndeavor CatalystIntegra PartnersEast Ventures

Dashlabs

Provider of end-to-end diagnostics software for small and medium-sized labs in the Philippines.

Dashlabs.aidashlabs.aiin𝕏

Dashlabs.ai builds practice management and lab information software for diagnostic laboratories, featuring billing, appointment scheduling, instrument integration for automated test result generation, medical imaging support, and secure result distribution to employers and staffing agencies.

HealthtechManila, PH

Bryan Giger(Founder)inMartin Gomez(Founder)inWeston Coleman Lim(Founder)in

Co-investorsGood News VenturesY Combinator

Dastgyrdastgyr.comin

Dastgyr operates a B2B marketplace connecting retailers, wholesalers, exporters, and suppliers to trade products and access capital.

B2B MarketplacesE-commerceFintechRetail TechKarachi, PK

Muhammad Owais Qureshi(Founder)inZohaib Ali(Founder)in

Co-investorsCedar Mundi VenturesCentury Oak VenturesIndus Valley CapitalKhwarizmi VenturesKube VCOrbit Startups+3 more

Databourgdatabourg.com
Duithapeduithape.com
E Green Global

Agri-biotech company boosting production of disease-free seed potatoes with Microtuber Technology.

EarthSenseearthsense.coin𝕏

EarthSense develops AI and robotics solutions for agriculture to address sustainability and productivity challenges.

AgTechAI & Machine LearningRobotics

Chinmay Soman(Founder)in

Co-investorsAg Ventures AllianceAgLaunch AcceleratorAurum Venture PartnersBread And Butter Ventures, LlcGen CapitalIllinois Ventures+2 more

Eggtubereggtuber.com

EGG develops and mass-produces virus-free seed potatoes called microtubers in bio-secured plant factories, which can be sown directly in open fields.

AgTechBiotechFoodTech

Co-investorsLotte Ventures

Euler Motorseulermotors.comin𝕏

Euler Motors offers commercial vehicle products and a tool to help fleet operators calculate profitability.

Mobility & Transportation

Saurav Kumar(Founder)in

Co-investorsAthera Venture PartnersAlteria CapitalBlackSoilBlume Ventures

Everimpacteverimpact.comin

Everimpact provides area-based carbon monitoring tools that measure greenhouse gas emissions in real time, help territories track decarbonization progress, and use certified data to access climate finance.

AI & Machine LearningCleantechClimate TechData & InfrastructureImpact & Social Good

Mathieu Carlier(CEO & Founder)inAlain Retière(CTO & Co-Founder)inJan Mattsson(Chairman & Co-Founder)in

Co-investorsMOL PLUSMotion Ventures

Fairbancfairbanc.app

Fairbanc runs a mobile lending and payments service that extends credit lines without requiring collateral or a prior credit file.

ConsumerFintech

Mir Haque(Founder)inKevin OBrien

Co-investors500 GlobalAccionOak Drive venturesThe MBA FundVertex Ventures Sea Management Pte. Ltd.Accion Venture Lab+1 more

Farmdarfarmdar.aiin𝕏Nov 2025

Farmdar builds geospatial and machine-learning tools for agriculture, using data and field operations to monitor crops and farmland.

AgTechAI & Machine LearningClimate TechDeep TechSpace Tech

Ibrahim Akbar(Co-founder)inMuzaffar Manghi(Co-founder & Global Business Lead)Muhammed Bukhari(Co-founder)inDavid Pridmore(CTO)

Co-investorsIndus Valley CapitalMoment Ventures, Llc

Fortuna Coolsfortunacools.comin

Fortuna Cools makes insulation and cooler products from upcycled coconut husks as a replacement for plastic foam, working with coconut farming communities in the Philippines.

Circular EconomyClimate TechLogistics & Supply ChainNew Materials

David Cutler(Co-Founder & CEO)inTamara(Co-Founder & COO)

Co-investorsManila Angel Investors Network

Humble Sustainabilityhumblesustainability.cominSep 2024

Humble Sustainability is a Philippine climate technology company that helps businesses resell and recirculate used IT equipment such as laptops, monitors, desktops, and phones to keep them out of landfills.

B2B MarketplacesCircular EconomyCleantechClimate TechE-commerce

Nina(Co-founder)Josef(Co-founder & CEO)

Co-investorsGobi PartnersIdeaspace VenturesManila Angel Investors NetworkNational Development Company Startup Venture Fund

Ibisaibisa.networkin

IBISA operates a platform for running parametric insurance programmes, using satellite and ground data to monitor indices and automatically trigger payouts on-chain or via mobile money.

AgTechClimate TechFintechInsurTechLuxembourg, LU

Co-investorsAnkur CapitalEquator

Innocsrinnocsr.comin

InnoCSR develops the Good Bricks System, a fossil-fuel-free brickmaking technology using a soil stabilizer and machinery to produce durable bricks without harmful emissions and generate carbon credits.

CleantechClimate TechConstruction Tech

Sam Lee(CEO)inDr. Joon-Hyung Kim(CTO)Tim Han(COO)in

Inseactinseact.com

INSEACT Casino is an online gambling platform offering slots, table games, roulette, blackjack, and live dealer formats organized into tiered stages by risk level.

ConsumerGamingSingapore, SG

Sabyasachi Maity(Founder)

Intenselintensel.netin

Intensel operates an AI-powered platform and APIs that quantify extreme weather and physical climate risk at the individual asset level, translating hazard data into financial metrics such as Climate Value at Risk and Average Annual Loss.

AI & Machine LearningClimate TechFintechInsurTechHong Kong, HK

Entela Benz(Founder)inSaurabh Singh(Founding CTO)in

Co-investorsEntrepreneur First

KIU Globalkiuglobal.comin

Kiu offers a cloud-based business management platform (BMP) with ERP-style functionality on a pay-for-what-you-use basis, plus a mobile app for point-of-sale, cash and credit sales, vendor bills, expenses, inventory, and sales reporting.

Enterprise SoftwareFintechSaaSHong Kong, HK

Komunidadkomunidad.globalin

Komunidad provides software for climate action, offering tools for ESG and sustainability management, climate risk assessment, early warning systems, GHG accounting, and social impact.

AI & Machine LearningCleantechClimate TechEnterprise SoftwareSaaS

Felix Ayque(Founder)Allister Ayque(Founder)

Krosslinkerkrosslinker.comin

Krosslinker develops aerogel-based materials for thermal insulation, including cooling paints, composite boards, and silica aerogel powders.

Advanced ManufacturingBiotechCleantechClimate TechDeep TechEnergyNew MaterialsSingapore, SG

Gayathri Natarajan(CEO)inElmira Soghrati(Cofounder)inMahesh Nathan(Cofounder)in

Co-investors500 GlobalEntrepreneur First

Loop Freightloopfreight.io
Niberniber.techinFeb 2025

Niber Technologies develops electrospun nanofiber membranes that are ultra-breathable, waterproof, and PFAS-free for use in consumer textiles, professional and defense workwear, and industrial applications such as filtration, automotive, and construction.

Advanced ManufacturingDeep TechNew MaterialsSingapore, SG

Co-investorsFoxmont Capital PartnersTNBAura

Nuventuranuventura.comin

Nuventura develops SF₆-free medium voltage gas-insulated switchgear that uses pure dry-air insulation as an alternative to conventional SF₆-based GIS.

CleantechClimate TechEnergyHardware

Co-investorsFuture Energy VenturesFORWARD.one

OTAGO

Manufacturer of sustainable, smokeless char-briquettes for street food vendors and small restaurants.

Otago Globalotago-global.comin𝕏

OTAGO provides consulting, technical assistance, strategic advisory, and impact investment services across climate, circular economy, and impact investment themes in emerging markets.

Circular EconomyClimate TechImpact & Social Good

Packworksthepackworks.comin𝕏

FintechImpact & Social GoodMakati, PH

Ibrahim Bernardo(Founder)in

Co-investorsTechstarsARISECVC Capital Partners

Packworkspackworks.ioin

Packworks provides a mobile app for inventory management and supply chain coordination aimed at sari-sari (neighborhood) store owners in the Philippines.

FintechLogistics & Supply ChainRetail TechSaaS

Bing Tan(Chief Executive Officer)Hubert Yap(Chief Platform Officer)Ibba Bernardo(Chief Marketing Officer)Andres Montiel(Chief Data Officer)Marvine Sy(Chief Financial Officer)

Co-investorsIdeaspace VenturesARISECVC Capital PartnersTechstars

PATH+

Provider of structural design software reducing raw material and energy use in shipbuilding.

Pinbox

Technology platform delivering micro-pension and insurance solutions to informal sector workers.

Pinboxsolutionspinboxsolutions.comin𝕏

pinBox is a white-labelled, API-enabled micro-pension, savings and insurance administration and delivery platform that governments, pension funds, insurers and aggregators can deploy to extend voluntary pension coverage to non-salaried and informal workers.

FintechImpact & Social GoodInsurTech

Pokoshoppa.biz

Shoppa is a B2B commerce enablement SaaS covering retail and wholesale operations such as catalog management, order management, billing, and cash flow automation.

B2B MarketplacesRetail TechSaaS

Geoffrey SeeSean AngVan Tran

Co-investors500 Global

Quantified Energyquantified-energy.cominDec 2025 · $6M

Quantified Energy develops autonomous drone-based electroluminescence mapping and AI/computer-vision analytics to inspect and diagnose the health of solar PV modules and systems.

AI & Machine LearningCleantechEnergyRoboticsSingapore, SG

柴靖 Jing Chai(Founder)in

Co-investorsVertex Ventures Sea Management Pte. Ltd.Beacon VC

Rdarda.aiin

Red Dot AI provides an operational intelligence platform for data centres, using physics-based digital twins, AI agents, and real-time simulation to optimise compute, power, cooling, and operational risk.

AI & Machine LearningCleantechEnergy

Red Dot AI

Combines physics-based digital twins and AI agents to optimize compute, power, cooling, and risk in mission-critical environments.

Revfinrevfin.in

Co-investorsShell Foundation

Riderwithrider.cominAcquired

Rider provides parcel delivery services to online sellers across Pakistan, handling 200,000 orders monthly across 60 cities with integrated platforms for shippers, delivery agents, and customers.

E-commerceEnterprise SoftwareLogistics & Supply ChainKarachi, PK

Salman Allana(Founder)in

Co-investorsAmaana CapitalFatima Gobi VenturesY Combinator

Rimmrimm.ioin

Rimm Sustainability builds myCSO, an AI-powered suite of ESG and sustainability tools that helps organizations measure performance, set targets, and track progress toward sustainability goals.

AI & Machine LearningClimate TechFintechSaaSSingapore, SG

Tommy Tan(Founder)Ravi Chidambaram(Chief Executive Officer & Co-founder)Vivek Aswani(Chief Commercial Officer)Riya Jeram(Chief Operating Officer)Dr Faddy Ardian(Chief Data Scientist)Masashi Yamashita(Chairperson, Director, Rimm Japan Inc.)

Riskwolfriskwolf.comin𝕏

Riskwolf builds a platform that turns complex weather and climate risks into automated parametric insurance coverage, using layered local and global weather data to define triggers and issue fast payouts.

Climate TechData & InfrastructureInsurTechSaaS

Co-investorsKickstart InnovationSerpentine VenturesSICTIC

SatSuresatsure.coin𝕏

SatSure Skies is a platform for digitized aeronautical information management that converts terrain, obstacle, and route data into structured, ICAO-compliant formats.

AgTechAI & Machine LearningData & InfrastructureDeep TechFintechSaaSSpace Tech

Prateep Basu(Founder)in

Co-investorsIndigoEdge

Selexselex.vninApr 2023 · $3M

Selex Motors builds electric motorcycles designed for delivery and logistics riders, along with a supporting ecosystem of swappable batteries, battery-swap stations, and a fleet management app.

CleantechEnergyMobility & Transportation

Nguyen Nguyen(Founder)in

Co-investorsTouchstone Partners

silta-financesilta.financein𝕏

Silta provides an AI platform that analyzes the large volumes of documents generated by infrastructure projects, producing structured reports and risk assessments across the full project lifecycle from pre-feasibility and procurement through due diligence, construction monitoring, operations, and handback.

AI & Machine LearningConstruction TechSaaS

Skycatchskycatch.comin𝕏

Skycatch provides spatial data capture, processing, and analysis solutions for mining and industrial operations, using AI capabilities to generate near-real-time digital twins and deliver operational insights.

AgTechAI & Machine LearningData & InfrastructureIrving, US

Christian Sanz(Founder & CEO)Mark Heynen(Executive Officer)Sam Miller(Executive Officer)

BoardRichard Levandov(Director)B. Paul Santos(Director)Ram Shriram(Director)

Co-investorsAkkadian VenturesBee PartnersEntrée CapitalMind the Seed - MTS FundMS&AD VenturesRoot Ventures Manager, Llc+6 more

Smart Joules

Provider of smart equipment management and retrofits to improve energy efficiency in commercial and industrial buildings.

Smartjoules.Cosmartjoules.co.inin𝕏

Smart Joules provides energy efficiency solutions for commercial and industrial buildings in India, including an AI-powered building optimization system (DeJoule) that uses reinforcement learning, a pay-as-you-save subscription model, and a cooling-as-a-service HVAC offering.

AI & Machine LearningCleantechEnergy

Stratificarestratificare.comin𝕏

StratifiCare develops and manufactures in-vitro diagnostic assay solutions for personalized medicine, including tests that predict the risk of severe dengue and assess patient response to Y90 radioembolization for liver cancer.

BiotechDigital HealthMedical Devices

Terra Oleoterraoleo.comin

Biotech using microbes to develop high-value fats and oils to decarbonize consumer and food production.

Co-investorsBetter Bite Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has ADB Ventures made?
ADB Ventures has 65 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does ADB Ventures invest at?
ADB Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is ADB Ventures's typical check size?
ADB Ventures typically writes checks of $13M – $820M.
What sectors does ADB Ventures focus on?
ADB Ventures focuses on AgTech, AI & Machine Learning, Circular Economy, Cleantech, Climate Tech, Energy, Fintech, FoodTech, Impact & Social Good, Logistics & Supply Chain, Mobility & Transportation, New Materials.
Where is ADB Ventures located?
ADB Ventures is headquartered in Mandaluyong, PH.
Does ADB Ventures lead rounds?
ADB Ventures typically participates in rounds rather than leading them.
Who does ADB Ventures co-invest with?
ADB Ventures most often shares deals with 500 Global, Ankur Capital, Entrepreneur First, among 79 tracked co-investors.

Co-investors · 4

Goodwater Capital

Goodwater Capital is a consumer technology investment firm backing entrepreneurs building companies across sectors such as housing, healthcare, food delivery, financial services, education, entertainment, and transportation.

$5M – $50M
Global Founders Capital

Global Founders Capital (GFC) is the global venture capital platform of Rocket Internet, investing early and across sectors in fast-growing technology companies.

$637K – $32M
V3 Ventures

V3 Ventures is an early-stage investment firm backing purpose-driven consumer brands and consumer technology businesses globally, with teams in the US, Europe and India. It was founded by entrepreneurs and is backed by Verlinvest.

$1M – $5M
MyAsiaVC

MyAsiaVC is an early-stage venture capital firm backing founders across Asia, positioning itself as a hands-on partner that supports visionary builders. It also runs an AI & Robotics Fund.

Firms observed investing alongside ADB Ventures, from public investor directories. Shared companies are the overlap with ADB Ventures's recorded portfolio.

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