# ADB Ventures

> ADB Ventures is a VC fund in Mandaluyong backing Software and Biotechnology. See 77 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mandaluyong, Philippines
- Total investments: 77
- Last investment: Dec 2025
- Lead investor: 19%
- Fund size: $100M
- Last fund: May 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/asian-development-bank
- Website: https://adbventures.org/

ADB Ventures is a new venture platform that will support and invest in startups offering impact technology solutions that contribute in SDG's in Asia and the Pacific.

## Contacts

5 contacts available for ADB Ventures. Shizune tracks 4 team members at ADB Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/adb-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $743k–$4.5M |
| Series A | $4.1M–$27M |
| Series B | $2.5M–$14M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 8% |
| Biotechnology | 6 | 8% |
| Manufacturing | 6 | 8% |
| Artificial Intelligence | 6 | 8% |
| FinTech | 5 | 6% |

86 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 43 | 56% |
| Series A | 6 | 8% |
| Series B | 3 | 4% |
| Series C | 3 | 4% |
| Venture - Series Unknown | 2 | 3% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 12 | 16% |
| India | 9 | 12% |
| United States | 5 | 6% |
| Pakistan | 4 | 5% |
| Indonesia | 4 | 5% |

16 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Daniel Hersson | Senior Fund Manager Co-founder | 8 | https://shizune.co/investors/profile/daniel-hersson-ab7d |
| Dominic Mellor | Principal Investment Specialist | 3 | https://shizune.co/investors/profile/dominic-mellor |
| Paul Santos | Member, Investment Committee | 56 | https://shizune.co/investors/profile/paul-santos |
| Toby Floro | Investment Officer | 0 | https://shizune.co/investors/profile/toby-floro |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Quantified Energy Labs | Quantified Energy Labs (QE LABS) is a deep tech spinoff company from the Solar Energy Research Institute of Singapore/National University of Singapore. We are a team of professionals with expertise in the fields of solar energy, computer vision, and drone technology. | $6M | Series A | Dec 16, 2025 |  |
| Farmdar | Farmdar empower farmers with actionable data to lower costs, increase yield, enhance quality, and reduce waste. |  | Seed | Nov 10, 2025 |  |
| Terra Oleo | Terra Oleo is a biotechnology company pioneering microbial technology to produce sustainable alternatives to palm oil derivatives and cocoa butter. | $3.1M | Seed | Sep 17, 2025 |  |
| Blitz Electric Mobility | Blitz provides electric vehicles and fleet management software to food and beverage delivery, courier, and logistics companies. | $2M | Seed | Aug 25, 2025 |  |
| Alternō | Alternō was founded with a vision to create Asia's first low-cost thermal energy storage solution for renewable energy, to be deployed widely across the region by 2050. Alternō received early stage funding from Antler VC in Jan 2023 to kick off the research & development. |  | Series A | May 13, 2025 |  |
| Niber Technologies | Nibertex is a material science company that mass produces 100% PFAS-free waterproof breathable membranes with our own groundbreaking technology. Our membranes are tailored for high performance across multiple sectors, including textiles, construction, and electronics. We pioneered not only the materials but also the processes and machinery requiredto manufacture them, ensuring our products are both eco-friendly and effective. Committed to sustainability, Nibertex is redefining industry standards by delivering durable, breathable, and water-resistant solutions that meet global market demands. As leaders in material innovation, we continue to advance environmental responsibility and improve product quality worldwide. |  | Seed | Feb 03, 2025 |  |
| IBISA | IBISA is an index-based insurance marketplace with satellite adoption. Inclusive mutual risk sharing solution with low fees and fast assessment and payment. Crop Protection for Smallholder Farmers | $3M | Seed | Jun 25, 2024 |  |
| Tiger New Energy | Tiger New Energy is a clean energy firm that provides cutting-edge battery switching technology to encourage environmentally friendly mobility options. | $1M | Seed | Jun 25, 2024 |  |
| Humble Sustainability | Humble Sustainability provides products and accessories reuse and recycle services. | $100K | Seed | May 20, 2024 |  |
| InnoCSR Co. Ltd | InnoCSR group is a global green technology firm that works with MNCs, governments, and Global NGOs from different countries. |  | Series A | Feb 21, 2024 |  |

10 of 77 investments shown.

## Co-investors
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund, 10 deals together
- [Athera Venture Partners](https://shizune.co/investors/profile/inventus-capital) — VC Fund, 10 deals together
- [QRG Investments and Holdings](https://shizune.co/investors/profile/qrg-investments-and-holdings) — VC Fund, 7 deals together
- [Jetty Ventures](https://shizune.co/investors/profile/jetty-ventures) — VC Fund, 6 deals together
- [GIC](https://shizune.co/investors/profile/gic) — VC Fund, 4 deals together
- [Iterative](https://shizune.co/investors/profile/iterative-capital-e970) — VC Fund, 4 deals together

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## FAQ

### What does ADB Ventures invest in?

ADB Ventures invests primarily in Software, Biotechnology and Manufacturing startups, most often at Seed and Series A stage. Most of the 77 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ADB Ventures's check size?

ADB Ventures typically joins rounds of $743k–$4.5M at Seed, $4.1M–$27M at Series A and $2.5M–$14M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ADB Ventures participates in.

### How do I contact ADB Ventures?

Public channels for ADB Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at ADB Ventures?

The team at ADB Ventures includes Daniel Hersson (Senior Fund Manager Co-founder), Dominic Mellor (Principal Investment Specialist) and Paul Santos (Member, Investment Committee). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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