IdeaSpace Foundation
Ideaspace Ventures is the Philippines' longest-running startup accelerator and early-stage venture capital arm of the MVP Group conglomerate, funding and supporting seed-to-Series A technology startups across fintech, logistics, healthcare, mobility, energy, and media since 2012.
- Company typePrivate
- Founded2012
- HeadquartersMakati, Philippines
- Headcount11–50
- GTM typeB2B
- OfferingServices
What IdeaSpace Foundation does
IdeaSpace Foundation, doing business as Ideaspace Ventures, is a Philippines-based venture capital firm and startup accelerator founded in 2012 and headquartered in Makati City. It operates as the early-stage investment and acceleration arm of the MVP Group of Companies and Metro-Pacific Investment Corporation, one of the Philippines' largest business conglomerates. The firm invests in seed-to-Series A technology startups and runs a three-month cohort-based accelerator program, graduating approximately one cohort per year since inception.
The firm's platform is organized around three integrated products: the Ideaspace Accelerator Program (the Philippines' longest-running startup accelerator, running since 2012), the HALO Fund (a micro-fund for early-stage seed-to-Series A investments), and the LEGACY Fund (an evergreen fund that has been investing in Philippine startups for more than a decade). Across these vehicles, Ideaspace supports startups across roughly nine verticals, including fintech, logistics, mobility, healthcare, energy, digital infrastructure, and media. Reported cumulative metrics include 700+ startups supported, 250+ startups accelerated, 11–13 completed cohorts, 27+ active portfolio companies, and a 1.7x MOIC across the active portfolio since 2020.
Ideaspace generates returns primarily through equity investments via HALO and LEGACY, supplemented by the strategic value of MVP Group ecosystem access — including enterprise pilots and distribution — provided to portfolio companies. Revenue figures are not publicly disclosed. Leadership includes Jay Fajardo (Executive Director) and Ben Alderson (Director for Investments). The firm's primary differentiator is its privileged access to the MVP Group conglomerate network, which allows portfolio startups to leverage strategic partnerships and distribution channels that independent Philippine VCs cannot easily replicate.
IdeaSpace Foundation firmographics
Firmographics- Name
- IdeaSpace Foundation
- Legal name
- Ideaspace Ventures
- Website
- https://ideaspacefoundation.org
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ideaspace Ventures is the Philippines' longest-running startup accelerator and early-stage venture capital arm of the MVP Group conglomerate, funding and supporting seed-to-Series A technology startups across fintech, logistics, healthcare, mobility, energy, and media since 2012.
- Ownership category
- akta.pro rank
IdeaSpace Foundation industry classification
Industry- Product category
- Venture Capital and Startup Acceleration
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
- akta.pro secondary industries
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Micro-VC & Angel Funds (FSANAAAI)
Keywords
Where IdeaSpace Foundation is headquartered
LocationHeadquarters
- HQ city
- Makati
- HQ country
- Philippines
- HQ region
- Asia
Offices1 record
Markets served
IdeaSpace Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Venture Capital Returns: Ideaspace generates returns through equity investments in startups via HALO Fund (seed to Series A) and LEGACY Fund (early-stage). Since 2020, their portfolio of 27 startups has yielded a 1.7x MOIC.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
IdeaSpace Foundation product offering
Product offeringCore offering
IdeaSpace Foundation (doing business as Ideaspace Ventures) is a Philippine-based venture capital firm and startup accelerator that supports early-stage technology startups through its flagship Ideaspace Accelerator Program, the HALO Fund (seed-to-Series A micro-fund), and the evergreen LEGACY Fund. The organization provides equity capital, mentorship, resources, and strategic partnership access to portfolio companies spanning fintech, logistics, mobility, healthcare, energy, digital infrastructure, and media verticals across Southeast Asia.
Product overview
Ideaspace Ventures operates as a venture capital and startup accelerator firm, offering a unified platform of funding and support programs. The core offering consists of three integrated products: the Ideaspace Accelerator Program (the flagship three-month cohort-based acceleration program running since 2012), the HALO Fund (early-stage micro-investment vehicle from seed to Series A), and the LEGACY Fund (evergreen investment fund for early-stage Philippine startups). Together, these products provide comprehensive support with funding, resources, and strategic partnerships to enable startups to thrive and scale in Southeast Asia's fastest-growing digital economy.
Differentiator
Problem solved
Functional benefit
Brands
- HALO Fund: Micro-fund focusing on early-stage investments from seed to Series A rounds, for startups discovering their product-market-fit.
- Ideaspace Accelerator Program
- LEGACY Fund
Quantifiable outcome
- 1.7x MOIC since 2020 across 27 startups
- +3 more outcomes
Companies that use IdeaSpace Foundation
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles1 record
IdeaSpace Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IdeaSpace Foundation partnerships and signals
Strategic signalScale indicators10 records
Recent moves4 records
Expansion highlights4 records
IdeaSpace Foundation competitors and assessment
Company assessmentDirect peers
- Kickstart Ventures: Kickstart Ventures is a Philippines-based corporate venture capital and accelerator, operated as the CVC arm of Globe Telecom. It is directly comparable to IdeaSpace as a domestic early-stage investor and accelerator combining a multi-stage fund with structured cohort-based programs and corporate-distribution advantages.
- Foxmont Capital Partners: Foxmont is a Manila-based early-stage VC focused on Philippine startups, with vehicles backing seed and pre-Series A companies. It competes head-to-head with IdeaSpace for the same pool of Filipino founders and offers a similar early-stage check size and mentorship-driven model.
- Wavemaker Partners: Wavemaker Partners is a SEA and US-focused early-stage VC that runs an accelerator-style model in addition to fund investing. It competes with IdeaSpace for early traction-stage companies and offers similar stage-level ticket sizes.
Broad incumbents
- East Ventures: East Ventures is one of Southeast Asia's largest early-stage VCs with deep exposure to Indonesia, Singapore, and Vietnam and growing Philippines activity. It is comparable as a sector-agnostic, high-volume seed investor whose regional scale and brand compete for the same founders IdeaSpace targets.
- Gobi Partners: Gobi Partners is a pan-Asian VC investing across China, Southeast Asia, and the Middle East with multiple early-stage funds. It is comparable as an established, multi-stage regional player whose Philippines exposure overlaps with IdeaSpace's target market.
- 500 Global: 500 Global (formerly 500 Startups) is a global accelerator and seed VC with active programs across Southeast Asia including the Philippines. It is comparable as a globally recognized accelerator brand that targets the same early-stage Philippine founder pool.
- Antler: Antler is a global early-stage VC and accelerator with a strong Southeast Asia presence, including the Philippines. Its cohort-based residency model and pre-seed/seed deployment are directly comparable to IdeaSpace's accelerator + HALO Fund structure.
- Plug and Play: Plug and Play is a global accelerator and corporate venture platform with active APAC programs. It is comparable as a multi-vertical corporate-partnered accelerator that offers enterprise distribution similar to IdeaSpace's MVP Group advantage.
Emerging players
- QBO Innovation Hub: QBO is a Philippine startup innovation hub founded by the IdeaSpace Foundation and J.P. Morgan, focused on community-building and pre-acceleration programs. It is comparable as a Philippines-focused startup development platform that overlaps with IdeaSpace's earlier-stage founder pipeline.
Regional players
- Jungle Ventures: Jungle Ventures is a Singapore-headquartered early-to-growth stage VC focused on Southeast Asia. It is comparable as a regional early-stage investor that periodically co-invests in Philippine startups, competing indirectly for the same founders IdeaSpace targets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights6 records
Customer concentration
IdeaSpace Foundation social profiles
Digital presenceIdeaSpace Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
IdeaSpace Foundation leadership team
Management profileNumber of profiles
Profiles2 records
IdeaSpace Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IdeaSpace Foundation M&A and investment
M&A and investmentM&A
Investments27 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IdeaSpace Foundation
What does IdeaSpace Foundation do?
IdeaSpace Foundation (doing business as Ideaspace Ventures) is a Philippine-based venture capital firm and startup accelerator that supports early-stage technology startups through its flagship Ideaspace Accelerator Program, the HALO Fund (seed-to-Series A micro-fund), and the evergreen LEGACY Fund. The organization provides equity capital, mentorship, resources, and strategic partnership access to portfolio companies spanning fintech, logistics, mobility, healthcare, energy, digital infrastructure, and media verticals across Southeast Asia.
Is IdeaSpace Foundation a public or private company?
IdeaSpace Foundation is a private company. It is classified as corporate owned and is currently operating.
When was IdeaSpace Foundation founded?
IdeaSpace Foundation was founded in 2012. It employs 11 to 50 people.
Where is IdeaSpace Foundation based?
IdeaSpace Foundation is headquartered in Makati, Philippines, in the Asia region.
How does IdeaSpace Foundation make money?
One revenue line is on record: venture Capital Returns.
Who are IdeaSpace Foundation's main competitors?
Direct peers on record are Kickstart Ventures, Foxmont Capital Partners and Wavemaker Partners. Broad incumbents are East Ventures, Gobi Partners, 500 Global, Antler and Plug and Play. QBO Innovation Hub is listed as an emerging player. Jungle Ventures is listed as a regional player.
Does IdeaSpace Foundation have an API?
No public API is recorded for IdeaSpace Foundation.
What industry is IdeaSpace Foundation in?
IdeaSpace Foundation's product category is Venture Capital and Startup Acceleration. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated), with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 52394 and its SIC code is 6282.