Loading organizations...
Ignite Impact Fund is an early-stage venture capital firm based in Makati, Philippines, that exclusively invests in companies addressing income and access poverty within the country, recognized as the first fund with this specific focus. Operating as an equity investor, the fund targets innovations in sectors such as consumer goods, mobile apps, IoT, biotech, and agritech, aiming to help entrepreneurs commercialize and scale solutions that create economic opportunity for underserved markets. By 2022, its portfolio companies had reportedly lifted 19,465 small-holder farmers out of poverty by increasing their average net income by USD 944 annually, demonstrating its dual objective of financial returns and measurable social impact. Key figures include founder Maoi Arroyo, who also advises the World Economic Forum on sustainable investing, along with Chief Executive Officer Gaston D. Ortigas Jr. and Principal David Pollei. The firm was founded by Maoi Arroyo.
Ignite Impact Fund has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Plentina in April 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2021 | Plentina | $2.0M Seed | Andrew Vigneault, DV Collective, Unpopular Ventures | Flexcap, TMV, Ethan Austin, Rudra Peram, ULU Ventures, Amino Capital, Canaan Partners, JG Digital Equity Ventures |