ICCP Venture Partners

What ICCP Venture Partners does

ICCP Venture Partners, operating commercially as ICCP SBI Venture Partners (ISVP) since its 2020 partnership with Japan's SBI Holdings, is a transpacific venture capital firm headquartered in Makati, Philippines. Founded in 1997/1998 by Guillermo D. Luchangco, the firm invests in rapidly growing technology companies in the United States and Southeast Asia through Series B, across verticals including FinTech, HealthTech, AI & Robotics, Cloud and Consumer. ISVP combines ICCP's 25+ years of Philippine VC experience and 50+ direct/indirect investments with SBI Holdings' network of 1,000+ portfolio companies since 1999, and operates from offices in Manila, Silicon Valley, Kuala Lumpur and Tokyo.

The firm's core offering is early-stage equity capital plus cross-border platform services: it positions itself as the SEA market-entry partner for US startups that have achieved product-market fit and as the Bay Area gateway for SEA founders needing US investor and talent introductions. Notable portfolio outcomes include IPOs of Marvell Technology (NASDAQ) and Inphi (NYSE) in 2019, an earlier SiRF exit via CSR/Qualcomm, and acquisitions of portfolio companies Popular Pays (by Lightricks), Ambergris Solutions (by Telus International), Cloud Cruiser (by HP Enterprise) and Berkana Wireless (by Qualcomm).

The business model is a traditional venture capital fund structure: ISVP earns management fees from limited partners across its six global funds since 1998, with returns generated through capital appreciation and exit events (IPOs and M&A) from portfolio holdings. Recent lead transactions include the US$4.2 million Series A in X0PA AI (2022) and participation in GrowSari's Series B alongside Tencent, Pavilion Capital (Temasek), IFC and Robinsons Retail. Customer-facing channels are predominantly direct networking, referrals, industry events and a Medium-based thought leadership presence, rather than productized GTM.

Name

ICCP Venture Partners

Legal name

ICCP SBI Venture Partners

Website

https://iccpventurepartners.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

ICCP Venture Partners, operating as ICCP SBI Venture Partners (ISVP), is a transpacific venture capital firm investing in early-stage US and Southeast Asian technology companies through Series B, with offices in Manila, Silicon Valley, Kuala Lumpur and Tokyo.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Venture Capital (CVC) (FSANAAAF)

akta.pro secondary industries

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF), Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)

Keywords

• Venture capital
• Early stage investing
• Technology investments
• Transpacific investing
• Startup funding

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Returns: As a venture capital firm, ISVP generates returns through capital appreciation and exit events (IPOs and acquisitions) from portfolio company investments. The firm collects management fees and carried interest from its limited partners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ICCP SBI Venture Partners (ISVP) is a transpacific venture capital firm that provides early-stage equity investment and strategic value-add support to rapidly growing technology companies in the United States and Southeast Asia through Series B. The firm invests as a lead or co-lead investor, offering capital, market-entry support for US startups entering Southeast Asia, and Bay Area investor/talent introductions for Southeast Asian startups.

Product overview

ICCP SBI Venture Partners is a transpacific venture capital firm that provides investment services to technology companies. As a VC firm, it does not offer traditional software products or platforms. Its core offering is venture capital investment and portfolio company support services, including access to networks, industry relationships, and expertise to accelerate value creation for portfolio companies. The firm invests in rapidly growing technology companies in the United States and Southeast Asia through its partnership between ICCP Venture Partners (Philippines) and SBI Holdings (Japan).

Differentiator

Problem solved

Functional benefit

Products and services

• ISVP Venture Capital Fund

Quantifiable outcome

• Top quartile performance achieved by 1998 debut fund

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Openspace Ventures: One of SEA's most active early- and growth-stage tech VCs, investing across Indonesia, Vietnam, Philippines, and Singapore. Closest direct peer in geography, stage, and sector (FinTech, consumer, enterprise).
• Golden Gate Ventures: Singapore-headquartered early-stage VC investing across SEA in FinTech, consumer, and enterprise SaaS. Directly comparable in stage, geography, and sector focus.
• Wavemaker Partners: SEA-US cross-border early-stage VC with offices in Singapore, LA, and Bangkok. Direct peer given shared US-SEA bridge thesis and Series A focus on enterprise, FinTech, and consumer tech.
• East Ventures: Indonesia-and-SEA-focused early-stage VC investing from seed through Series B across FinTech, consumer, and enterprise. Directly comparable stage and regional focus.
• Monk's Hill Ventures: Singapore-headquartered early-stage VC investing in Southeast Asian technology startups, with a similar Series A focus and cross-border (US-SEA) orientation. Directly comparable in stage, geography, and sector mandate.
• 500 Global (formerly 500 Startups): US-headquartered early-stage tech VC with global footprint including SEA. Comparable in pre-Series B stage focus and value-add platform model, though broader geographic spread.

Regional players

• Kickstart Ventures: Philippines-focused corporate VC (Ayala Group). Directly comparable as a Philippines-based tech investor, but more narrowly focused on the local market than ISVP's transpacific thesis.
• IdeaSpace Foundation: Philippines-based early-stage investor and accelerator. Adjacent comparable as a Philippines tech investor, but more focused on incubation and smaller ticket sizes than ISVP's lead-investor model.

Broad incumbents

• SBI Investment Co., Ltd. Japan-headquartered venture arm of SBI Holdings, ISVP's JV partner. Operates a much larger portfolio (1,000+ companies) across Japan and Asia; comparable as a CVC-style tech investor with a similar Asia-bridge orientation.
• Sequoia Capital (SEA / India): Global tier-1 VC with active SEA and India operations. Competes for the same founders and lead-investor roles but at meaningfully larger fund sizes and broader sector exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/iccp-sbi-venture-partners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments17 records

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

Frequently asked questions about ICCP Venture Partners