AsiaMatters recently hosted a webinar with ADB Ventures (ADBV) and Irish VC Experts on Investing In Impact Tech Irish Companies for Developing Asia.

Launched in 2011 by Dr T.P Hardiman, Alan Dukes, and Martin Murray, Asia Matters is Ireland’s only Asia think tank and is 100% focused on building dynamic business links and informed understanding between Asia and Ireland to drive win-win partnerships and economic growth.

They have built powerful networks and connect  Corporate Member companies, key stakeholders in Government, State Agencies, and Higher Education Institutes with Asian Corporates, Investors, and ambassadors.

AsiaMatters is based in Dublin and its growing programme of cutting-edge events, private closed circle briefings, and high-level publications deliver thought leadership and key member benefits including access, insight, networking, and education.

In terms of the webinar, it was held to discuss potential investment opportunities from ADB Ventures.

Dr Paul Ryan, director of the International Finance division said:

“one of the big things was pushing with our colleagues, is to get them involved in more private sector opportunities. It funds a lot of sovereign work through governments across Asia, but sovereigns can only fund part of the challenge in Asia, be it infrastructure, social structure such as education, etc,  therefore we want ADB in the private sector”.

He proceeded to explain the major areas that ADB ventures would want to get involved in.

“Sustainability, innovation, a partnership then between the ADB, and companies on the ground, particularly startups. The other areas of importance to us would be agri-food, water, and then in terms of climate, renewable energy, and energy efficiency, and then the financial services which would include fintech”.

Saumya Kailasapathy, of ADB Ventures, went through the impact of COVID 19 and how despite its negative impact on the world of business has produced a number of enterprise opportunities.

These solutions involve more resilient, shorter, and local supply chains, contactless commerce that is traceable, and irreversible rural migration.

Kailasapathy said on the matter “Were seeing in Asia an immediate shift to what we call the new normal. COVID 19 is obviously exposing weaknesses in the system, infrastructure, health, the economy and were expecting the loss to be up to 2.5 trillion. However, we’re already seeing agile start-ups and entrepreneurs pivoting to this new economy. Were excited about the opportunity. We think ADB Ventures is well-positioned, and there’s a lot of opportunities for us to invest in”.

AsiaMatters working with ADB Ventures 

ADB ventures invests in vanguard technology companies that are ready to solve Asia pacific’s most pressing development challenges.

They favour post-revenue companies with scalable business models and smart management.

They wish to work with companies that own tech that solves critical infrastructure and market gaps in Asia Pacific.

In turn, ADB Ventures add value to invested companies by facilitating access to Asian Development Bank expertise, operations, and networks.

The companies they support can be domiciled anywhere in the world as long as they have the intention and capacity to expand into Asia Pacific emerging markets.

ADB ventures investment fund 1

Investment Fund 1 makes equity investments up to USD 4 million in impact technology companies, targeting commercial returns, and focusing on climate impact in the Asia Pacific.

Its 17-year fund life allows ADB Ventures to invest patient capital and hold for maximum returns.

They seek to invest in a diversified portfolio of cleantech, agritech, fintech, and health tech companies and focus on opportunities where the Asian Development Bank can add direct value through expertise, operations, and networks.

If you would like to watch the seminar please visit:
https://www.youtube.com/watch?v=LIXxbSLkxNg&authuser=0


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