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Gentree Fund is setting aside $40 million to invest in companies entering The Philippines.

Gentree Fund is sector agnostic, and will invest in early-stage and growth-stage companies.


Gentree Fund is setting aside $40 million to invest in companies entering The Philippines. | BEAMSTART News

The Philippines is quickly becoming an attractive market for both investors and regional startup companies.

Gentree, a venture fund based out of The Philippines, announced that it will be setting aside $40 million to invest in startup companies that plan to enter the country.

Key Highlights

  • Gentree will set aside $40 million to finance companies across Southeast Asia that plan to enter The Philippines.
  • The fund is sector agnostic, and is backed by the Sy Family Office, the family behind property giant SM Group.
  • The fund will focus on both early-stage and growth-stage deals in The Philippines, where portfolio companies will be given the opportunity to collaborate commercially with the group.
  • It will also seek to invest in pre-IPO deals, although mostly on a selective basis.

Why It Matters

  • Philippines has over 70 million internet users, with a huge number of the population making the shift to online-related daily activities (and work).
  • While a large amount of venture capital funds have mainly been flowing into Indonesia and Vietnam, The Philippines has been a largely neglected market.
  • Gentree will look to make approximately 12 - 14 investments, with an initial ticket size of between $1 million to $3 million (maximum $4 million per company).

ABOUT THE AUTHOR

Carl Adrian

Partnerships & Content Coordinator at BEAMSTART

Based in Singapore

Works at BEAMSTART

ALSO MENTIONED IN THIS POST

Gentree Fund

Gentree Fund is the venture vehicle of the Sy family, the family behind SM Group in the Philippines

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