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
VC Fund
Active
Amasia is a thesis-driven venture capital firm founded in 2013 by Ramanan Raghavendran and John Kim, headquartered in Burlingame, California, investing globally in the US, Southeast Asia, India, Europe, and Latin America.
Its Philippine connection is real but concentrated in a small number of deals rather than a dedicated local fund: Coins.ph, a Manila-founded fintech, was Amasia's first-ever investment (since exited), and in 2024 the firm was among the investors in a $6.5 million pre-Series A round for Hive Health, a Manila-based SME health-insurance startup that later acquired one of the Philippines' oldest HMOs.
Seed
Series a
Series b
VC Fund
Active
Core Capital is a Manila-based venture capital firm founded in 2018 by partners Jason Gaisano, Ken Ngo, and Carlo Chen-Delantar, with five partners and nine or more confirmed investments to date. Its flagship investment vehicle, the Gobi-Core Philippine Fund, is co-managed jointly with Pan-Asian VC firm Gobi Partners — already a separate entry in this directory — which makes Core Capital the Philippine general partner behind that joint fund rather than a fully independent, unconnected firm.
Confirmed portfolio includes Humble Sustainability, a circular-economy/sustainability company, and Edukasyon.ph, a Philippine education-and-careers platform.
Pre seed
Seed
Series a
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
Accelerator
Active
xchange is a genuinely Philippine, Manila-based philanthropic, impact-first incubator founded in 2011 by Rico Gonzalez (now Managing Director) and Nono Coliangco. It is a real capital-deploying organization, not purely an advisory shop — its LinkedIn profile describes it as providing seed capital alongside tailored mentorship to early-stage Philippine social enterprises — but its own site frames its work across three pillars ("Build Ventures," "Finance Ventures," "Advise Ventures"), making it more accurately described as a hybrid incubator/impact-investor than a conventional check-writing VC fund. Its current leadership team also includes Finance Director Rizza Mariano and Directors Erika Tatad and Love Gregorie Moral-Perez.
xchange focuses on social enterprises addressing structural Philippine problems across four thematic areas it calls "Futures": the Future of Work (business/finance innovation, workforce transformation), the Future of the Planet (disaster resilience, food systems, regenerative solutions), the Future of Well-being, Health & Nutrition, and the Future of Education. No specific named investee/portfolio company could be confirmed from the pages accessible this session — its portfolio page returned a 404, so this entry cannot list concrete example ventures, which is a real gap rather than an intentional omission.
Pre seed
Seed