ADB Ventures and Plug and Play partner to unlock sustainable growth for the ASEAN region

The Asian Development Bank (ADB) is a key player in resolving Asia and the Pacific's biggest development challenges. In early 2020, ADB set up a new venture arm, ADB Ventures, to invest in technologies with the ability to contribute positive and scalable impact on climate change, gender equality, and the Sustainable Development Goals in emerging Asia and the Pacific.

ADB Ventures is partnering with Plug and Play to help identify, validate, and invest in these high-potential technologies. Plug and Play and ADB Ventures will collaborate to Identify cleantech, clean energy, sustainable agriculture, food, inclusive fintech, and inclusive healthcare solutions with potential to scale to US$100 million topline or more.