About Openspace Ventures
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.
Investment Thesis
Openspace invests in tech-native and tech-enabled companies across Southeast Asia at the early and growth stage, partnering closely with an operations team to help portfolio companies build viable B2B and B2C businesses. Its confirmed Philippine activity centers on Kumu's Series B, reflecting a broader regional mandate rather than a large publicly documented roster of standalone Philippine investments — as one of its partners put it at the time, the firm holds "strong conviction that the Philippines is at the cusp of a big technological wave."
Portfolio Companies
Kumu (Series B, Philippines); Gojek/GoTo, Kredivo, Halodoc, Pickup Coffee, Finnomena, Pluang (regional Southeast Asia)