ADB Ventures

Tiger New Energy Co Ltd is recently profiled by e27 (Optimatic) showcasing how the company accelerates the deployment of its battery swapping network in Bangladesh. At Tiger's stations, Rickshaw drivers can swap depleted batteries for fully charged ones in less than a minute, and the company plans to expand beyond 100 battery-swapping stations to empower over 10,000 rickshaw drivers in the country. Read more here: https://lnkd.in/gfMhFKCc

Check out current job openings at ADB and apply today! Explore opportunities below: 📍 Seed Investment Manager (Mekong): https://lnkd.in/g-ZmshPn 📍 Seed Investment Associate (Mekong): https://lnkd.in/g_-vjsp2 📍 Seed Investment Manager (Pacific): https://lnkd.in/grW6VSaD 📍 Platform Manager:  https://lnkd.in/gdXZk96m Please send your CV to frontier@adb.org ---- Want to know more about ADB Frontier? Click https://lnkd.in/gCFWMSNZ

🥂We are thrilled to announce our investment in Tiger New Energy Co Ltd, a Bangladeshi clean energy startup specializing in innovative battery swapping technology. This investment will accelerate the expansion of Tiger's battery swapping stations, empowering over 10,000 rickshaw drivers across Bangladesh while promoting eco-friendly mobility and delivering socio-economic benefits. "Tiger New Energy's swift battery swapping solutions alleviate range anxiety for electric vehicle drivers in Bangladesh and pave the way for cleaner energy access and economic empowerment. Their inclusive business approach, dedicated women empowerment initiatives, and commitment to climate impact closely align with our core mission of catalysing climate action and advancing gender equality through transformative solutions in emerging Asia," said Yichu Zhang. Read more: https://lnkd.in/gQd4VVcd

🎉 Congratulations to UniFAHS! We're thrilled to celebrate UniFAHs, an ADB Ventures portfolio company, on the launch of their groundbreaking Phage Designation Platform for One Health in Thailand and beyond. This initiative, establishing a Phage Hub in Asia, marks a significant leap in biotechnology. #Innovation #Biotechnology #Healthcare #ADBVentures #UniFAHs

Congratulations to Euler Motors, one of our portfolio companies, for successfully securing an additional US$24 million in its Series C funding round 🎉 With these new funds, Euler Motors plans to expand its pan-India presence, enhance its service infrastructure, and establish a presence in over 40 cities. Read more here: https://lnkd.in/gqEJHRnF

Congratulations to the founders of Chickin Indonesia, (Tebe) Tubagus Syailendra Wangsadisastra Ashab Alkahfi Ahmad Syaifulloh, for being named to Forbes 30 Under 30 Asia in 2024! Chickin, our portfolio company based in Jakarta, is revolutionizing Indonesia's poultry farming industry with its IoT-based device called CI-Touch. This innovative technology monitors and adjusts humidity and temperature, enhancing productivity for chicken farmers.

Discover how geospatial technology is transforming agri-finance in an exclusive interview with Hiren Doshi, General Manager at SatSure, on Geospatial World! 🌾🔍 From precision farming to risk management, see how data-driven insights are reshaping agriculture. Read the full story here: https://bit.ly/4bRU3xB #AgriTech #Geospatial #AgriFinance #InnovationInAgriculture

Big cheers to KaleidEO Space Systems, a Bengaluru-based startup and a subsidiary of SatSure, our portfolio company for successfully completing of aerial testing for a high-performance optical and multi-spectral Earth observation (EO) payload. KaleidEO now stands among the first private Indian companies to design and develop such cutting-edge technology. Read more: https://bit.ly/3JRncgm #SatSure #KaleidEO #aerialtesting #earthobservationsystem #spacetech #innovation

A real pleasure to co-host "The Intersection between Climate & Finance" happy hour with Eurazeo and ADB Ventures last Tuesday at The Elephant Room , one of the most sustainable bistros in Singapore! The intersection between climate and finance was one of the major focuses in COP28 and is expected to remain as one of the top priorities in the next few COPs. There’s a growing gap to fund the climate transition - more than $2.4 trillion is needed per year by 2030 while $100 billion is committed annually by developed countries and the international organizations. We are delighted to see the enthusiastic participation of numerous investors, founders, and industry players in our happy hour, showcasing the vibrancy of the sustainable finance market in Asia. A huge thank you to Ernest Xue, Julien Mialaret, and Jugnu Pati for co-hosting this together! Looking forward to the next one! Luca Z. Sofia Candelaria Illuminate Financial #climate #fintech #netzero

Packworks, our portfolio company, a pioneering Filipino startup specializing in a business-to-business (B2B) marketplace for fast moving consumer goods (FMCG) tailored to sari-sari stores, has introduced SariLink in collaboration with the global non-profit Help.NGO. This initiative aims to bridge the digital gap and empower local entrepreneurship in the Philippines by leveraging fast and reliable low Earth orbit (LEO) connectivity through Starlink Internet. https://bit.ly/4a8umaO