IdeaSpace Foundation

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.

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

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

• Startup accelerator
• Venture capital
• Seed funding
• Early-stage investment
• Startup incubation

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. 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

Core 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

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves4 records

Expansion highlights4 records

Direct 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

• Xx.com/ideaspaceph
• YouTubeyoutube.com/@ideaspaceventures
• Facebookfacebook.com/ideaspaceph
• LinkedInlinkedin.com/company/ideaspace-ventures
• Instagraminstagram.com/ideaspaceventures/profilecard/?igsh=aGN5Nzd6b2M1Z2I4

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments27 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IdeaSpace Foundation