About This Fund
The ADB Ventures Investment Fund 1A aims to raise $200 million to support climate-focused startups across Asia, with a focus on disrupting traditional industries and promoting greening regional supply chains. The fund will target early-stage companies at the pre-Series A and Series A levels, prioritizing climate-tech solutions and startups that advance gender equality. The provision of patient capital, characterized by a 17-year fund life, underscores the fund's commitment to nurturing long-term growth and sustainability. ADB Ventures has already closed four new investments in green brick manufacturing, electric mobility, agritech, and green auto-lending, showcasing a diverse portfolio that spans critical sectors such as cleantech, agritech, fintech, and healthtech. The fund is committed to nurturing long-term growth and sustainability, with a focus on startups from Nepal, India, Indonesia, and beyond. Established in early 2020, ADB Ventures aspires to mobilize over $1 billion in risk capital to achieve sustainable development goals by 2030. The fund's strategic investment in early-stage technology companies and its emphasis on impact businesses offer a promising pathway towards addressing environmental challenges while promoting economic growth and development. The collaboration with the Ministry for Foreign Affairs of Finland plays a crucial role in amplifying its impact, making strides towards a greener and more sustainable future for Asia.