ADB Ventures invests in vanguard technology companies that are ready to solve Asia Pacific’s most pressing development challenges.

We favor post-revenue companies with scalable business models and smart management – companies with tech that solves critical infrastructure and market gaps in Asia Pacific. In turn, we add value to invested companies by facilitating access to Asian Development Bank expertise, operations, and networks.
 
The companies we support can be domiciled anywhere in the world as long as they have the intention and capacity to expand into Asia Pacific emerging markets.

ADB Ventures Investment Fund 1

Investment Fund 1 makes equity investments up to USD 4 million in impact technology companies, targeting commercial returns and focusing on climate impact in Asia Pacific. Its 17-year fund life allows ADB Ventures to invest patient capital and hold for maximum returns. We seek to invest in a diversified portfolio of cleantech, agritech, fintech, and healthtech companies and focus on opportunities where the Asian Development Bank can add direct value through expertise, operations, and networks. 
Fund Size
$50 million (first close)
Fund Life 17 years
Targeted Investment Stage
Seed/Series A/early-growth
Cheque Size
Up to $4 million for initial investments
Coinvestment Requirement
Co-invests with leading early-stage investors
Investment Characteristics
Tech enabled solutions or business models
High growth potential Cleantech/Agritech/
Fintech/Healthtech Businesses can be domiciled anywhere
Scale-up strategy for South/Southeast Asia
Climate and gender impact lens applied across portfolio.

ADB Ventures Seed Program

The ADB Ventures Seed Program provides grant funding for rapid market validation in developing Asia Pacific. Seed grants de-risk potential ADB Ventures Investment Fund I investments in return for future investment rights.

How it Works

  • Reimbursable grants of $20k-$200k
  • Funds must be used for market and/or product validation in developing Asia Pacific
  • ADB Ventures receives the right to invest within 6-18 months

Selection Criteria

  • High alignment with ADB Ventures investment criteria
  • Validation projects must be implemented within 6-18 months
  • Limited R&D risk. Existing product in the market 
  • Scalable/replicable solutions with proven positive unit cost
  • Preferably backed by a strong investor (Angel, VC, etc.)
  • Seeking equity funding within next 12-18 months

value to adb ventures

  • Proprietary pipeline of investment opportunities
  • Opportunity to evaluate companies pre-investment
  • Capture and share unique practical learnings about new impact-focused technologies, business models and, markets