Foxmont Capital Partners

Foxmont Capital Partners is a leading venture capital firm based in Makati, Philippines, exclusively dedicated to empowering Filipino entrepreneurs and fostering the growth of the local startup ecosystem. Established in 2018, the firm has quickly positioned itself as a key player in the Philippine tech investment landscape, focusing primarily on early-stage technology companies from Seed to Series A rounds. Their investment thesis centers on identifying innovative businesses that address unique market needs within the Philippines, spanning various sectors including e-commerce, fintech, logistics, and consumer technology.

The firm has successfully raised two significant funds to date, demonstrating strong investor confidence in their strategy and the Philippine market potential. Their inaugural fund, Foxmont Capital Partners Fund I, closed at $10 million in 2018, providing initial capital for promising ventures. Building on this success, they launched and subsequently closed their second fund, Foxmont Capital Partners Fund II, at $21 million in 2022. This larger fund size allows them to deploy more substantial capital and support their portfolio companies through various growth stages.

Foxmont Capital Partners is known for its hands-on approach, providing not just financial backing but also strategic guidance, operational support, and access to their extensive network. Their portfolio includes several high-profile Philippine startups such as the live streaming platform Kumu, the parenting e-commerce platform Edamama, and the cloud kitchen operator Kraver's Canteen, among others. For initial investments, Foxmont typically writes first cheques ranging from $250,000 to $1 million, aligning with their focus on early-stage funding to help startups scale and achieve significant milestones.