ADB Ventures

ADB Ventures is the pioneering venture capital platform of the Asian Development Bank (ADB), officially launched in 2020. Its core mission is to champion and invest in early-stage technology startups that are developing innovative solutions to critical climate and development challenges across developing Asia and the Pacific. Operating as a corporate venture capital arm, ADB Ventures seeks to bridge the funding gap for promising climate and impact tech companies, fostering sustainable economic growth and environmental resilience in the region.

The platform strategically targets companies in sectors such as clean energy, sustainable agriculture, waste management, smart cities, and digital health, emphasizing solutions that are both commercially viable and possess significant potential for positive environmental and social impact. Beyond capital investment, ADB Ventures provides crucial technical assistance, mentorship, and access to the ADB's extensive network of public and private sector partners. This holistic support aims to de-risk ventures and accelerate their growth and scalability, ensuring their innovations can reach a broader market and achieve their intended impact.

ADB Ventures commenced operations with an initial fund of $50 million, demonstrating a significant commitment from the ADB and its co-financing partners, including the Clean Technology Fund and the Nordic Development Fund. This capital is deployed primarily in seed to Series A rounds, with typical first cheque sizes ranging from $250,000 to $2 million. The platform's investment thesis centers on identifying high-growth potential startups that align with the United Nations Sustainable Development Goals, particularly those focused on climate action and inclusive development. Their portfolio already includes diverse companies across the region, reflecting their broad mandate to support transformative technologies.