Aboitiz Equity Ventures, Inc. (AEV)
Corporate VC
Active
Aboitiz Equity Ventures, Inc. (AEV) is the publicly listed holding company of the Aboitiz Group, one of the Philippines' oldest and largest conglomerates. It was established in 1989 (originally as Cebu Pan Asian Holdings, renamed AEV in 1993) and has traded on the Philippine Stock Exchange under ticker AEV since 1994. AEV is headquartered in Makati City (Ayala Triangle Gardens Tower 2) and, per its 2024 disclosures, reported ₱302.82 billion in revenue, ₱18.13 billion in net income, and ₱893.70 billion in total assets. Its core businesses span power generation and distribution, banking and financial services, food and agribusiness, infrastructure, real estate, and — since a 2022 strategic repositioning as a self-described "techglomerate" — a growing data and AI arm, Aboitiz Data Innovation.
IMPORTANT RELATIONSHIP NOTE, PER SITE OWNER'S REQUEST: Aboitiz Equity Ventures is the PARENT conglomerate sitting one level above UBX Philippines Corp, which is already a separate, distinct entry in this directory. The actual ownership chain runs AEV -> Union Bank of the Philippines (a major banking subsidiary of AEV) -> UBX Philippines Corp, UnionBank's dedicated fintech venture-building arm. AEV itself is not a dedicated venture capital fund — it is a diversified public holding company that, through subsidiaries like UnionBank/UBX and its own Aboitiz Data Innovation unit, participates in fintech and tech-venture activity rather than running a standalone VC fund of its own.
Growth
Series c plus
Merger acquihired
ICCP SBI Venture Partners
VC Fund
Active
ICCP SBI Venture Partners is a joint venture between ICCP Venture Partners — the Philippines' longest continuously operating venture capital firm, tracing back to 1998 — and SBI Holdings, a major Japanese financial services group. Based in Makati, the firm had made 31 investments as of November 2023, combining ICCP's decades of local market experience with SBI's regional capital and network.
Confirmed portfolio includes Philippine sari-sari store platform GrowSari, Singapore-based AI recruitment platform X0PA AI, and Singapore-based proptech marketplace Propseller — reflecting a mandate that reaches beyond the Philippines into wider Southeast Asian technology deals.
Seed
Series a
Series b
Accelerator
Active
IMPORTANT HONESTY NOTE, per the task's own instruction to verify rather than oversell this entry: Impact Hub Manila is NOT a capital-deploying investor in the way every other entry in this directory is. Its own website states this explicitly and unambiguously: "We back your venture — we don't run it. You keep your equity, your IP, your direction" — and no direct equity-investment or check-writing model is described anywhere on its site. It is, first and foremost, a coworking space, founder community, and program host — part of the global Impact Hub network (80+ locations across five regions, 25,000+ founders worldwide).
Impact Hub Manila was founded in 2015 by Ces Rondario and is based at the 25th Floor, Picadilly Star, Bonifacio Global City, Taguig. Beyond its physical coworking space, it runs structured, largely non-equity support programs — INCUBATE, AI for Good, a Climate Adaptation Track, and periodic hackathons — which it says delivered roughly ₱42 million in "incubation value" (mentorship, training, grant-supported resources, and network access, not straightforward cash investment) across its 2026 cohort. It should be listed in this directory as a genuine, real, and long-running part of the Philippine startup support ecosystem — but as a community/incubation host, not as a source of venture capital.
Idea
Pre seed
Insignia Ventures Partners
VC Fund
Active
Insignia Ventures Partners is a Southeast Asian early-to-growth-stage venture capital firm founded in 2017 by Yinglan Tan, a former Sequoia Capital partner, headquartered in Singapore. The firm has raised over $800 million in assets under management across multiple funds, including a $516 million close in 2022, and has made roughly 160+ investments in about 89 companies.
The firm is particularly active in Indonesia, Vietnam, and the Philippines. Its confirmed Philippine investments include Tonik, Southeast Asia's first all-digital "neobank," licensed by the Bangko Sentral ng Pilipinas, and First Circle, an SME trade-financing platform, where Insignia participated in an $8.6 million Series B round in 2024 alongside IFC and Endeavor.
Seed
Series a
Series b
Growth
Plug and Play Philippines
Accelerator
Active
Plug and Play Philippines is the local National Startup Accelerator Program run under a formal, two-year partnership between Plug and Play, the Silicon Valley-founded global innovation platform active since 2006 and connected to over 35,000 startups and 500-plus corporate partners worldwide, and the Philippine Department of Trade and Industry (DTI), publicly launched in Makati in April 2024. Rather than an independent Philippine-founded fund, it exists because the government sought out a global accelerator brand to run a formal local program, targeting roughly 40 startups a year across two six-month cohorts, focused on AI, cybersecurity, software development, animation, agritech, and food technology. DFNN Inc., a listed Philippine tech company, joined as a private-sector partner, testing incubating companies' products and contributing seed funding alongside DTI-referred sponsors. Participants receive mentorship and limited direct equity funding, plus access to Plug and Play's global network, reported by the firm at roughly billion in accessible capital — a genuinely different value proposition from a fund writing its own large checks, stated plainly here rather than oversold.
Pre seed
Seed