ADB Ventures – ADB’s new impact-technology platform

In early 2020, ADB launched its first venture investment platform, ADB Ventures. It’s a venture capital investor with a difference. Like all VC investors, ADB Ventures will pursue commercial returns, but it will target investments in companies and technologies that deliver development impact in emerging markets in Asia and the Pacific. ADB Ventures can also provide pre-investment grant support and guidance to businesses exploring and piloting strategies to build commercial scale in these markets.ADB Ventures is led by Sherwin Pu, head of business development at ADB’s Private Sector Operations Department. He explains ADB Ventures’ mission to help developing Asia attain the SDGs, and its goal to become the region’s largest impact technology platform by 2030.