About IdeaSpace
IdeaSpace is a Philippine startup foundation and venture arm established in 2012, backed by First Pacific, Metro Pacific Investments Corporation (MPIC), PLDT-Smart, Meralco, and Maynilad — companies associated with businessman Manuel V. Pangilinan. It runs founder-focused accelerator programs for early-stage Filipino tech entrepreneurs.
Since 2012, IdeaSpace has supported more than 100 startups, mentored over 300 entrepreneurs, and deployed roughly PHP 180 million toward ecosystem-building. It co-founded QBO Innovation Hub in 2016 alongside J.P. Morgan, DOST, and DTI, and continues to run recurring annual accelerator cohorts (its 10th batch was unveiled in 2023). Its venture arm, IdeaSpace Ventures, is positioned within the MPIC/MVP Group ecosystem, spanning mobility, healthcare, logistics, fintech, energy, digital infrastructure, and media.
Investment Thesis
IdeaSpace backs early-stage Filipino technology entrepreneurs through a structured accelerator model — seed-level funding paired with mentorship, workspace, and access to a wide network of industry experts and follow-on investors. As the venture arm of the MPIC/MVP Group of companies, IdeaSpace Ventures looks for startups whose products or business models can plug into that conglomerate's existing strategic footprint (mobility, healthcare, logistics, fintech, energy, digital infrastructure, and media), giving portfolio companies a path to real distribution and partnership beyond capital alone.