JG Digital Equity Ventures

What is JG Digital Equity Ventures?

JG Digital Equity Ventures, also known as JGDEV, is the corporate venture capital arm of JG Summit Holdings, Inc., which is one of the largest conglomerates in the Philippines involved in diverse sectors such as air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, real estate, property development, and telecommunications.

Founded in 2019, JGDEV aims to accelerate the success of tech startups by providing capital infusion and other value-added opportunities, especially those that are poised to benefit and create value within the Gokongwei Group's ecosystem.

Their investment focus includes e-commerce, fintech, supply chain, B2B SaaS, and other emerging sectors, strongly targeting tech startups at Series A & B stages in the Southeast Asian market. JGDEV seeks out sustainable and scalable business models led by founders with an entrepreneurial mindset, passion, problem-solving abilities, excellence in execution, and high integrity.

With a maximum investment of PHP 250,000,000 (approximately USD 5,000,000), a minimum of PHP 5,000,000 (approximately USD 100,000), and a sweet spot at PHP 75,000,000 (approximately USD 1,500,000), JGDEV works closely with founders to refine their strategies and achieve growth. They are particularly interested in companies with the potential for innovation, disruption, scalability, a clear path to market leadership and profitability, and exceptional team dynamics.

As a vital component of JG Summit, JGDEV plays a strategic role in fostering synergies within the conglomerate's businesses, emphasizing investments that create mutual value and promote collaborative dynamics to help startups reach their visions more briskly. Their mandate reflects a commitment to the rapid progression of technology and an agile, innovative philosophy to remain at the forefront of conglomerates in the Philippines and the ASEAN region.

What they say:

We are the digital ventures arm of JG Summit.

What we look for: We invest in technology startups.