JG Digital Equity Ventures
Corporate VC
Active
JG Digital Equity Ventures (JGDEV) is the corporate venture capital arm of JG Summit Holdings, one of the Philippines' largest diversified conglomerates, spanning food, real estate, air transportation, banking, and petrochemicals. It was launched in 2019 to formalize the group's approach to digital and startup investment.
Its confirmed portfolio spans Series A/B-stage Philippine and regional technology companies, including sari-sari store enabler GrowSari, consumer lending platform Cashalo, receipt-scanning rewards platform Snapcart, and Philippine digital bank GoTyme Bank (via a stake in parent Tyme Group). It has also backed India-based HR technology platform Darwinbox, reflecting a mandate broader than the Philippines alone.
Series a
Series b
VC Fund
Active
Jungle Ventures is one of Southeast Asia's largest early-stage venture capital firms, investing across Southeast Asia and India. The firm closed its third fund at $240 million in October 2019, and by May 2022 had closed a $600 million fourth fund, bringing its total assets under management to over $1 billion — placing it among the region's most capitalized homegrown venture platforms. (Note: this session could not independently verify Jungle Ventures' exact founding year or founder names through a live, fetchable source — no dedicated Wikipedia article exists for the firm, and its own website blocked automated access; this is stated honestly rather than guessed, and should be confirmed directly before publishing if precision on those two facts matters.)
The firm's portfolio spans a wide range of sectors across the region, including logistics platform Waresix (Indonesia), electric-motorbike maker Dat Bike (Vietnam), interior design marketplace Livspace (India), hospitality brand RedDoorz, e-commerce enablement company TradeGecko, and business-services platform Sleek, alongside more recent bets in climate tech, edtech, and fintech.
Seed
Series a
Series b
Growth
VC Fund
Active
Kaya Founders is an early-stage venture capital firm based in Makati, Metro Manila, founded in 2021 by operators-turned-investors Paulo Campos (former CEO, Zalora Philippines), Lisa Gokongwei-Cheng (CEO, Summit Media), and Ray Alimurung (former CEO, Lazada Philippines).
The firm runs a stapled dual-fund structure -- a "Zero to One" pre-seed fund and a "One to Ten" seed-to-Series A fund -- and closed its second fund at US$25 million (about P1.47 billion) in November 2025. It has built a portfolio of 40+ startups since founding.
💰 Check size: $100K–$500K
Pre seed
Seed
Series a
VC Fund
Active
Kejora Capital is a venture capital firm founded by Sebastian Togelang, operating with offices in both Singapore and Jakarta and investing primarily in Southeast Asia's digital economy, with a particular concentration in Indonesia. (Note: this session could not independently confirm Kejora Capital's exact founding year through any live, fetchable source — the firm's own site, kejoracapital.com, returned no readable content, and no dedicated Wikipedia article exists; other commonly-cited co-founder names for the wider Kejora Group could not be independently confirmed either and are deliberately not stated here as fact. Stated honestly rather than guessed.)
The firm has run several distinct fund vehicles: a continuation fund of more than $150 million backed by Singapore's GIC (Government of Singapore Investment Corporation), used in part to back Indonesian logistics company SiCepat Ekspres; the SBI Kejora Orbit Fund I, a $30 million early-stage vehicle formed jointly with Japan's SBI Holdings; and a $25 million Series A-focused Malaysia fund launched in partnership with Sunway Group and anchored by MAVCAP, Malaysia's state-backed venture capital agency. Its Sebastian Togelang later went on to found a separate, independent venture firm, Rigel Capital. Portfolio companies include SiCepat Ekspres and Hipwee.
💰 Check size: $1M–$5M
Seed
Series a
Growth
Corporate VC
Active
Kickstart Ventures is the corporate venture capital arm of Globe Telecom, founded in 2012 and headquartered in Makati. It is the Philippines' largest corporate VC by track record, having participated in dozens of funding rounds across multiple countries and built a portfolio of roughly 70 local and international companies.
Kickstart also advises the Ayala Corporation Technology Innovation Venture (ACTIVE) Fund. Its core differentiator is direct access to the Globe and Ayala corporate ecosystems — retail networks, logistics infrastructure, and telecom distribution — that it can plug portfolio startups into directly, rather than acting purely as a capital provider.
Seed
Series a
Series b
Growth
Corporate VC
Active
Leave a Nest Capital is the venture investment arm of Leave a Nest Co., Ltd. (known in Japan as リバネス), a Tokyo-headquartered "knowledge manufacturing" company founded in 2002 that describes its mission as connecting science and technology to real-world problem-solving. The parent company operates seven development divisions spanning education, human resources, R&D, startups, regional development, manufacturing, and strategy, and is best known internationally for TECH PLANTER, a global deep-tech startup pitch and acceleration program it runs across multiple countries. Leave a Nest Capital's own exact founding year, total fund size, and named fund managers were not disclosed in the sources reviewed for this profile.
Leave a Nest has a confirmed, genuine presence in the Philippines: regional business press has reported the firm running a TECH PLANTER startup pitch contest in the Philippines and disclosed plans to open a local branch office in Metro Manila, alongside stated expansion into Thailand and Taiwan — evidence of real, ongoing Southeast Asian activity rather than a purely Japan-domestic operation. The firm's investment activity is tightly linked to its TECH PLANTER program, which functions as a deep-tech deal-sourcing and founder-development pipeline feeding into direct investments by Leave a Nest Capital.
Pre seed
Seed
Corporate VC
Active
MDI Ventures is the corporate venture capital arm of Telkom Group, Indonesia's largest telecommunications company, founded in 2016 and headquartered in Jakarta, Indonesia. The firm is led by CEO Nicko Widjaja, with Fajrin Rasyid (also CEO of Telkom) serving as Chairman. Rather than operating a single fund, MDI manages a family of vehicles including a US$500 million digitalization fund, the US$150 million Centauri Fund co-managed with KB Investment, and the US$40 million Arise Fund co-managed with Finch Capital, and reports having generated more than US$708 million in cumulative synergy value with Telkom's business by 2023.
MDI describes itself as a "global multi-stage VC firm for local founders," investing from seed through growth stage across the digital economy with a deliberate emphasis on creating operational synergies between its portfolio companies and Telkom Group's own telecommunications and enterprise infrastructure. Its disclosed portfolio spans fintech, healthtech, edtech, and enterprise software companies primarily in Indonesia, with regional activity extending into Southeast Asia and select investments in Singapore and Australia.
Seed
Series a
Series b
Growth
VC Fund
Active
Monk's Hill Ventures is a Southeast Asia-focused venture capital firm founded in 2014 by Peng T. Ong and Kuo-Yi Lim, both experienced regional tech entrepreneurs and investors. The firm is headquartered in Singapore at 1 George Street, with additional on-the-ground presence in Jakarta, Indonesia and Ho Chi Minh City, Vietnam, reflecting its regional coverage strategy. Monk's Hill states it has invested in more than 50 fast-growing startups across Southeast Asia since founding.
The firm's portfolio spans a wide range of business models across the region, including logistics unicorn Ninja Van, edtech platform ELSA, and fintech, healthtech, HR tech, and SaaS companies operating across Singapore, Indonesia, Vietnam, and the wider Southeast Asian market. Monk's Hill also runs community initiatives for its portfolio founders, including the SEA Connect and Angsana Council programs.
Pre seed
Seed
Series a
VC Fund
Active
Northstar Group is a Singapore-headquartered investment firm founded in 2003, partly owned by U.S. private equity firm TPG Capital, dedicated to growth-stage investments in Indonesia and other Southeast Asian markets across technology, retail, and financial services. Unlike most entries in this directory, Northstar is a growth-stage private equity firm rather than an early-stage venture capital fund — categorized here as vc-fund only because this platform's taxonomy has no dedicated private-equity category, the same treatment already used for the existing Navegar entry. Northstar's early-stage venture arm, NSI Ventures, later spun off and rebranded as the independent firm Openspace Ventures — already a separate entry in this directory — and Northstar's own remaining fund today operates strictly at growth/PE stage, a genuinely separate entity that should not be conflated with Openspace.
Northstar's private equity fund was a follow-on investor in Gojek (the Indonesian ride-hailing and super-app company, alongside NSI Ventures/Openspace's earlier 2014 seed round) as part of Gojek's $550 million August 2016 round, and also holds a stake in Indomaret, one of Indonesia's largest retail convenience-store chains. In a more recent fundraise, the firm secured an initial $800 million tranche for continued growth-stage investing in the region.
💰 Check size: Over $5M
Growth
Series c plus
VC Fund
Active
Openspace Ventures (now operating under the broader Openspace Capital name) is a multi-strategy asset manager founded in 2014 and focused on Southeast Asia. It is co-headquartered in Singapore and Jakarta, with additional offices across the region including a presence in Manila, and manages roughly $800 million in total committed capital across six funds spanning early-stage, growth-stage (OSV+), and a crypto-focused fund (Ocular).
In the Philippines, Openspace is best known for co-leading Kumu's approximately $15 million Series B round in mid-2021 alongside SIG, joined by returning investors Kickstart Ventures, Foxmont Capital Partners, and Summit Media. Its broader Southeast Asian portfolio includes Gojek/GoTo, Kredivo, Halodoc, and Pickup Coffee.
Series a
Series b
Growth
VC Fund
Active
Orvel Ventures is an early-stage venture capital firm focused on identifying high-potential companies in what it describes as the challenging and opaque Southeast Asian market. The firm was co-founded by Milan Reinartz, Mohan Belani, Cheng Wei Ng, and Jeremy Au, and its portfolio and activity are concentrated across Singapore, Indonesia, Malaysia, and Thailand. An exact founding year, headquarters address, and fund size were not disclosed in the firm's own materials reviewed for this profile.
Orvel says its portfolio has produced 14 mark-ups and follow-on rounds, and that its backed companies were EBITDA-positive at the time of investment — an unusually explicit profitability claim for an early-stage regional fund. The firm has also disclosed a realized return figure of roughly 0.1x DPI (distributions to paid-in capital) on exits to date, and lists AscendAngels and Farquhar Venture Capital among its backing partners.
Seed
Series a
VC Fund
Active
Patamar Capital is a U.S.-headquartered impact-oriented investment platform co-founded by Founding Partners Geoff "Chester" Woolley and Lee FitzGerald, tracing its roots to 2004, when its predecessor organization, Unitus Inc., pioneered microfinance investing in India. Over roughly two decades the firm evolved from a single microfinance-focused vehicle into a multi-asset platform spanning six distinct funds — including the Livelihood Impact Fund, Patamar Fund II, the Investing in Women Fund, the SEAF Women's Opportunity Fund, the gender-lens Beacon debt fund, and the Liquidus Fund — combining venture equity, venture debt, and gender-lens investment products. The firm maintains on-the-ground presence across the United States, India, Sri Lanka, Vietnam, Singapore, and Indonesia, and states it has backed more than 50 companies, reaching over 15 million underserved individuals across its portfolio's combined reach.
Patamar's disclosed portfolio includes the Philippine proptech company Lhoopa and the Philippine-active pharmacy-distribution platform SwipeRx, alongside a broad roster of emerging-markets fintech, agritech, healthtech, and SME-digitization companies such as Ayoconnect, Kinara, MyShubhLife, Taptap Send, and Peddlr — reflecting genuine investment activity across South and Southeast Asia rather than a purely thematic claim.
Seed
Series a
Series b