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GMA Ventures operates as the corporate venture capital arm of GMA Network, identifying, investing in, and building companies. The firm champions innovative business models within expanding and emerging industries, directing strategic investments towards products and services designed to improve lives. Their approach emphasizes fostering sustainable growth and leveraging technological advancements.
Established in 2021, GMA Ventures was formed as a strategic initiative by GMA Network, Inc., a prominent Philippine broadcasting company. This venture emerged from the insight that established conglomerates could leverage their market position to cultivate new enterprises, fostering inclusive growth and embracing the digital economy beyond traditional broadcasting. Joel Marcelo Jimenez Duavit serves as Vice Chairman.
GMA Ventures supports portfolio companies with capital and strategic guidance, aiming to benefit the Philippine populace through accessible services. The firm envisions elevating the GMA group into a respected conglomerate, developing new profit streams, and becoming a preferred business partner, committed to advancing technology and national development.
GMA Ventures has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series A in ORA in May 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 16, 2023 | ORA | $10.0M Series A | Antler, Charles Wong | Gobi Partners, Kairous Capital |