Top Venture Capital And Private Equity Companies in Philippines

The venture capital (VC) and private equity (PE) industry plays a crucial role in the global financial landscape, providing capital, expertise, and support to innovative companies and projects. In the Philippines, the VC and PE industry has emerged as a vital driver of economic growth and business innovation. In this article, we explore key statistics from 2022, factors contributing to the industry's success, industry growth comparisons, emerging trends, and the future outlook for the venture capital and private equity industry in the Philippines.

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CompanyHeadcountContactDescriptionDecision Maker
GLOBE GROUP14,079 +65 6564 9036
mybusinesscare@globe.com.ph

Globe is a leading full-service telecommunications company in the Philippines and publicly listed in the PSE with the stock symbol GLO. The company serves the telecommunications and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. It has major interests in financial technology, digital marketing solutions, venture capital funding for startups, and virtual healthcare. In 2019, Globe became a signatory to the United Nations Global Compact, committing to implement universal sustainability principles. Its principals are Ayala Corporation and Singtel, acknowledged industry leaders in the country and in the region. VISION We see a Philippines where Families dreams come true, Businesses flourish, and the Nation is admired. MISSION To do our part, we create Wonderful Experiences for people to have choices, Overcome Challenges, and discover new ways to Enjoy Lif…

MANILA ANGEL INVESTORS NETWORK20 (blank)
info@main.ph

The Manila Angel Investors Network (MAIN.PH) is the largest committed private investors network in the Philippines. MAIN was formed to support the countrys start up ecosystem by connecting investors with promising early-stage companies. As well as providing capital, we mentor entrepreneurs, share expertise and open networks. If you would like to pitch your startup to MAIN, we require that you first send a pitch deck for review to pitch@main.ph as we receive many applications. Note that we only invest in scalable technology driven startups that have proven traction. On the other hand, if you would like to join MAIN as an active investor, kindly please send us an email at invest@main.ph.

SYNTEC VENTURES, INC.(blank) (blank)
contact@syntecventures.com

We invest in and develop early-stage companies that are changing the world through technological innovation, especially in the fields of blockchain and mobile software.

POWER IOT SOLUTIONS INC.1 +63 999 871 7788
info@poweriotsolutions.com

Power IoT Solutions pioneers a new era of digitalization across industries and reducing the complexity of hardware IP, software platforms, AI-enhanced intelligence, end-to-end security, and development platforms and tools through IoT based technologies. Power Apps were developed to maximize efficiency in business management without exhausting the available resources. Everything you need in one company, from platforms, hardware, to the backend support and manpower, we provide solutions to even your future problems. Moving away from the world of consumer-facing electronics and apps and veering into B2B territory, Power IoT will establish its domain as the leading IoT Solutions provider for corporations in various sectors.

AGILE DIGITAL VENTURES10 (blank)
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AGILE Digital Ventures is Megaworlds digital investment arm that will engage in investing and building technology start-ups that hopes to support the countrys food, retail, and hospitality industries during these challenging times. The company has initially allocated a three-year CAPEX of USD 5-million (approximately P250-million) to build its first start-up project for three years.

SILVRR E-COMMERCE, INC.24 (blank)
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Silvrr E-Commerce, Inc. is a technology oriented company. Our business is focused on global remittance and money transfer, online payment solutions, and financial auxiliary services. Silvrr supports the conversion and remittance of multiple currencies. We facilitate a low-cost global capital flow for un-bankable individuals. As a technology-oriented company, we obtained angel investment funding from IDG, a well-known Silicon Valley venture capital.

PREMIER ASIA PACIFIC REAL ESTATE & DEVELOPMENT, CORPORATION2 +63 917 311 7246
info@premierasiapacific.com

“Helping transform and build the future of the Philippines.” Built on years of excellence, passion, and innovation, Premier Asia Pacific artfully unites the real estate industry with an ensemble of interconnected, allied businesses. Our goal is to provide you with a complete, end-to-end package of real estate investment services in the Philippines—one built on trust and quality. In our pursuit of service excellence in the real estate industry, we aim to create jobs and ignite economic growth in the Philippines.

THE INDEPENDENT INVESTOR6 (blank)
info@theindependentinvestor.ph

The Independent Investor is a digital newsroom covering early-stage businesses across emerging economies. We are a young team of writers, investors, and entrepreneurs who believe that accurate reporting and radical transparency are essential to supporting the future of business in the Philippines and Southeast Asia. We believe there should be more to enterprise journalism than reportage on conglomerate and later-stage enterprises. We aim to be bold and unconventional in our coverage, shining a light on the founders and investors often overlooked by traditional channels. Our mission is to find the most interesting grassroots stories from the Philippine early-stage ecosystem, and to share them with the world.

ZB CAPITAL3 (blank)
ir@zb-capital.com

Founded in 2012, ZB Capital is an independent principal investment firm, providing growth capital and strategic corporate advices to our portfolio companies. We aim to create a sustainable ecosystem for entrepreneurs, family offices and professionals across regions. Over the years, ZB capital has been working with numerous regional entrepreneurs, family offices, industrial investors, business operators, as well as professional parties to co-invest in growth-stage companies and businesses. Our portfolio companies are from all around the globe including China, Taiwan, Southeast Asia, North America, and Israel. They cover a broad range of industries including fintech, cloud computing, IoT, advanced manufacturing, and consumer goods. Our primary objective is to focus on both the new demand created by the applications of the latest technologies, and the potential improvement in efficiency in traditional industries through technological upgrades. Our founding and execution teams, along…

HITCHHIKER VENTURES6 (blank)
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We are global, early stage, sector-opportunistic, serial entrepreneurs and venture capitalists.

CREATIVE INTERLACE TECHNOLOGIES PH5 (blank)
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At Creative Interlace, we help startups and businesses grow their company. We have a venture capital firm that invests in early-stage companies, a development company that specializes in whole-stack enterprise and mobile application development, and soon an accelerator program to help you unlock your full potential. Our tech development company, Creative Interlace Tech PH, formerly ASTROLABE IT SOLUTIONS is your software and technology partner specializing in whole-stack enterprise and mobile application development. Our highly-qualified development teams in the Philippines and in the United State of America enable us to offer high-quality skills and expertise at extremely competitive prices. Our Venture Capital, CI Tech Ventures Inc. is a privately held investment company. We have been investing in early-stage, high-growth companies since 2016 and now we are a leading venture partner studio focused exclusively on investments that have a positive impact. Our portfolio companies alig…

ICCP GROUP122 +63 2 8856 6916
inquiry@iccpgroup.com.ph

The ICCP Group is a diversified, medium-sized conglomerate engaged in investment banking, venture capital, industrial estate development, township development, and exposition facility complex management. The ICCP Groups member companies are Investment & Capital Corporation of the Philippines, Science Park of the Philippines, World Trade Center Metro Manila and Pueblo de Oro Development Corporation.

JG DIGITAL EQUITY VENTURES4 +63 2 8991 4714 ext. 70004
contact@jgdev.ph

Founded in 2019, JG Digital Equity Ventures Inc. or JGDEV, is the corporate venture capital arm of JG Summit Holdings, Inc., one of the Philippines biggest conglomerates with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, real estate, property development and telecommunications. JGDEV looks for sustainable and scalable business models that can create value to the core businesses of the Gokongwei Group ecosystem with special focus on ecommerce, fintech and supply chain & logistics. JGDEV typically invests in tech startups in their early to growth stages targeting the Southeast Asian market, and more importantly, led by founders who have the right entrepreneurial mindset, are passionate, great at problem-solving, excellent in execution and have high integrity.

IGNITE HOUSE OF INNOVATION4 (blank)
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Ignite operates at the intersection of Corporate, Innovation, Startups, Venture Capital, and societys Wicked Problems. This is the unique mix we bring to each corporate partner that makes us by far their single most powerful force for Innovation. And because were setup as an open lab, its easy to see for yourself and try Ignite risk-free. We mix Innovation and Venture Capital with a boundary-less movement - yes, a social movement! - to create shareholder value and long-term growth by engaging corporate partners in a full on attack on societys Wicked Problems. We started as IGNITE FOUNDERS VENTURES, an innovation and venture capital firm. We were single-minded about out mantra: to build and invest in transcendent ventures by building up and investing in founders. By transcendent, we meant founders and ventures driven by a mission bigger than themselves, who aimed their ambitions squarely at solving societys most wicked problems. This, we believed, was the path to creating the fir…

PAWNHERO PAWNSHOP40 +63 2 8708 7807
customer@pawnhero.ph

pawn shop * personal loan * pawn * cash loan PawnHero Pawnshop is the first online pawn shop in SE Asia and aims to reshape the industry by providing an affordable personal loan off a wide range of items. In emerging markets countries like the Philippines only 2 out of 10 people have a bank account and less than 5% have a credit card. This leaves them with few options for cash loans when emergencies strike. One of the only options is to borrow from pawnshops who charge extremely high interest rates on pawned items. Thats if an item even manages to meet the standards of what pawnshops will accept. Having positioned ourselves as the first to market will solve this problem of expensive credit for base-of-the-pyramid, emerging-market consumers. We provide an easy, fair and convenient way of overcoming short-term cash loan needs. This is a completely new way of doing business in the pawning industry; its truly disruptive, and created by genuine visionaries. PawnHero is the most funded F…

FOXMONT CAPITAL PARTNERS22 +63 2 8559 8442
info@foxmontcapital.com

Foxmont Capital Partners is a multi focus venture capital fund dedicated to Filipino entrepreneurs to support them with capital, network and through the different stages of development. We focus on the following: - Talented management teams and entrepreneurs - Operations in the Philippines - Smart and scalable business models - Technology focused but open to all industries - From early stage to more mature companies - Small and large investment amounts - Teams where we can add value We believe that the Philippines offers numerous attractive opportunities to invest in good people and good businesses. Therefore, we are not restricted by any particular investment mandate, policy or amounts but just look for solid value propositions.

FEU TECH INNOVATION CENTER (FTIC)9 +63 2 8281 8888
info@feutech.edu.ph

FTIC is the first Academe-based Venture Builder in the Philippines.

ARCHIPELAGO LABS4 (blank)
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The building blocks of the web are found in the Archipelago. Archipelago Labs (A-Labs) is a startup accelerator focused on the Philippines. We invest and accelerate in the most promising early stage startups building on the intersection of Web2 and Web3. Backed by reputable partners from the Philippine Digital Asset Exchange (PDAX), Oak Drive Ventures Inc., and Magellan Digital Investment Group, A-Labs boasts a strong network of mentors, experts, and venture capitalists, that will give the startups the opportunity to expand their ventures.

CRESTONE VENTURE CAPITAL5 (blank)
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Crestone Venture Capital is a US-based Fintech specialist Venture Capital Fund founded in 2019 by Kai Schmitz and Inanc Balci. Crestone invests in early-stage Fintech companies in Emerging Markets covering Southeast Asia, South America, Africa, South Asia, and the Middle East. The Fund specializes in embedded Fintech, financial infrastructure, business enablers, consumer finance, Fintech-aaS and lending. Current portfolio includes Neivor in Mexico, Chico in Brazil, Minka in Colombia and Peddlr in the Philippines. Crestone values highly driven entrepreneurs with excellent execution skills and provides hands-on financial and operational support from A to Z. For more information, please visit http://www.crestone.vc Contact: inanc@crestone.vc

PRIMAVERA CAPITAL GROUP84 (blank)
media@primavera-capital.com

Primavera Capital Group is an Asia Pacific-based investment firm. It manages capital for leading institutions, corporations, and prominent family offices around the world. By developing long-term partnerships, we help portfolio companies realize their full potential, deliver superior returns for investors and drive positive social change. Primavera seeks to capture the most attractive investment opportunities from the dynamic Asia-Pacific region, particularly Chinas historic transition from a “Middle Income Society” to a fully developed “Advanced Economy.” Our investments target consumer and retail, technology, climate action, healthcare, advanced manufacturing, business services, and financial services sectors.

Top Venture Capital And Private Equity Companies in Philippines

Key Statistics from 2022

In 2022, the venture capital and private equity industry contributed approximately 0.7% to the Philippines' GDP, amounting to PHP 133 billion. This represents a notable increase from the previous year when the industry accounted for just 0.5% of the GDP. The VC and PE sector generated an estimated 15,000 new jobs in 2022, demonstrating its potential for creating employment opportunities across the nation.

Factors Contributing to Growth and Success

Government Initiatives

The Philippine government has played a significant role in fostering the growth of the VC and PE industry. Initiatives such as the Innovative Startup Act and the Cacao Project, aimed at supporting local startups and promoting public-private partnerships, have created a favorable environment for venture capital and private equity investments.

Economic Growth and Business Environment

The robust economic growth and a conducive business environment in the Philippines have attracted both local and foreign VC and PE firms. The growing number of startups, a skilled workforce, and the country's strategic location in the ASEAN region have further contributed to the industry's success.

Industry Growth and Comparison

Technology and Innovation

The technology and innovation sector has been a primary beneficiary of VC and PE investments in the Philippines. In 2022, investments in technology-focused startups and projects increased by 65% compared to the previous year, driven by the growing demand for digital solutions and innovative products.

Infrastructure and Real Estate

The infrastructure and real estate sectors have also witnessed substantial growth in VC and PE investments. In 2022, investments in these sectors grew by 45% compared to 2021, reflecting the government's commitment to improving infrastructure and the growing demand for residential and commercial properties.

Healthcare and Life Sciences

The healthcare and life sciences sector has attracted significant VC and PE investments due to the increasing demand for advanced healthcare solutions and services. In 2022, investments in this sector grew by 40% compared to the previous year, signaling the industry's focus on addressing the nation's healthcare needs.

Key Trends and Technological Disruptions

Focus on Impact Investing

Impact investing, which involves investing in companies and projects that generate positive social and environmental outcomes, has gained traction in the VC and PE industry. As investors increasingly prioritize sustainability and responsible investing, this trend is expected to continue, shaping the industry's investment landscape.

Fintech and Digital Transformation

The growing demand for digital financial solutions has spurred investments in fintech startups and projects. As businesses and consumers continue to embrace digital transformation, VC and PE firms are likely to increasingly focus on fintech and other digital-centric sectors.

Regional Integration and Cross-border Investments

The increasing regional integration within the ASEAN region has facilitated cross-border investments and collaboration among VC and PE firms. This trend is expected to continue as the region moves towards greater economic integration and cooperation.

Challenges

Regulatory Environment

Navigating the complex regulatory environment in the Philippines can be a challenge for VC and PE firms. Ensuring compliance with local regulations, including foreign investment restrictions, tax policies, and legal frameworks, is critical to the industry's continued growth and success.

Access to Capital for Early-stage Startups

While the VC and PE industry in the Philippines has experienced significant growth, access to capital for early-stage startups remains a challenge. Addressing this issue will require greater collaboration among stakeholders, including government agencies, private investors, and financial institutions, to establish funding mechanisms and support systems for early-stage ventures.

Talent Acquisition and Development

The rapid growth of the VC and PE industry has created a high demand for skilled professionals, resulting in a talent gap. To address this issue, the industry must invest in education and training programs to develop a workforce capable of meeting the evolving needs of the venture capital and private equity landscape.

Future Outlook

The future outlook for the venture capital and private equity industry in the Philippines is decidedly optimistic, as the country's burgeoning economy and flourishing startup ecosystem pave the way for increased investment opportunities. As the Philippines continues to establish itself as a regional hub for innovation and entrepreneurship, the venture capital and private equity industry is poised to play a pivotal role in fueling growth, fostering job creation, and enabling the development of disruptive technologies and business models. Driven by an increasing appetite for risk and a recognition of the long-term value of investing in high-potential ventures, the sector is expected to experience sustained growth in the coming years. In turn, the venture capital and private equity industry will be instrumental in shaping the nation's economic trajectory, supporting the rise of a new generation of entrepreneurs, and solidifying the Philippines' position as a key player in the global innovation landscape.

Conclusion

The venture capital and private equity industry in the Philippines has experienced significant growth, driven by government initiatives, robust economic growth, and the expanding reach of VC and PE investments across various sectors. As the nation continues to embrace innovation and business development, the VC and PE industry has the potential to become a key driver of economic growth and business success. To realize this potential and address the challenges associated with venture capital and private equity deployment, the Philippines must invest in strengthening its regulatory environment, improving access to capital for early-stage startups, and promoting talent acquisition and development. By doing so, the nation can harness the transformative power of venture capital and private equity and ensure its continued growth and success in the global financial landscape.

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By Melissa Goh
Published on 29 May 2023