The Asian Development Bank’s (ADB) venture capital arm ADB Ventures has signed an agreement to invest in an electric two-wheeler vehicle (E2W) and battery pack manufacturer, Selex Smart Electric Vehicles JSC (Selex), to reduce carbon emissions in high-usage applications such as last-mile cargo and passenger transport in Viet Nam.
ADB Ventures has launched a new video series called Climatic about the innovators who are reducing Asia’s carbon footprint, the entrepreneurs who are making the region more resilient to climate change and the corporate leaders who are partnering with startups for impact.
The Asian Development Bank (ADB) established ADB Ventures in early 2020. The Bank’s new venture arm has a mandate to invest risk capital in early-stage technology companies solving big development problems in emerging Asia and the Pacific.
ADB Ventures has launched a collaboration with the global innovation platform Plug and Play to help identify, validate, and invest in high-potential cleantech, sustainable agriculture, and inclusive fintech and healthtech solutions.
The Asian Development Bank’s (ADB) new venture arm, ADB Ventures, has announced its first two investments. ADB Ventures invests in early-stage technology companies globally that address urgent development challenges in emerging Asia and the Pacific.
On December 9, 2020, the Singapore venture catalyst SGInnovate presented the third edition of the Deep Tech Summit to explore tech innovations that can increase resiliency and sustainability after the pandemic. ADB Ventures is a proud strategic partner of the Deep Tech Summit 2020.
FluoroSat, DAIZ, Let’s Plant Meat, and Crowde won the startup prizes at this year’s Future Food Asia 2020 conference. ADB Ventures is a Key Partner of Future Food Asia 2020, supporting the Conference through ADB Ventures Labs.
2020 marks the 6th consecutive year of the She Loves Tech Annual Global Startup Competition, the world’s largest startup competition for women and technology. ADB Ventures is She Loves Tech’s official Impact Partner.
The Asian Development Bank’s (ADB) impact investment platform, ADB Ventures, has teamed with the Tourism Authority of Thailand (TAT) to support technology startup TakeMeTour to develop the LocalFarm online platform and help mitigate the impact of the coronavirus disease (COVID-19) pandemic on Thailand’s tourism sector.
