New York, NY – Diane Yoo who is one of the few female Asian-American Venture Capitalists (VC) who are both partners/founders of VC funds. She along with partners have launched the first U.S. Venture Capital Fund out of the Phillipines called Sipag Ventures (SV).
“Asia is on track to top 50 percent of global GDP by 2040 and drive 40 percent of the world’s consumption, representing a real shift in the world’s center of gravity, explains the Yoo Team. In 2021, the Philippines startup ecosystem ranked 52nd, jumping 18 global positions from its 2017 ranking. As start-up activity grows, others within the Asian ecosystem will be inspired by continued market opportunity and regulatory support. On the investor side, investors remain optimistic about their growth prospects in the Philippines and see ample opportunity in the future.”
Sipag Ventures’ goal is to reduce poverty in the Philippines by Empowering Entrepreneurship. Sipag Ventures is launching a US-based Seed fund investing in Filipino founded consumer tech startups, partnering with top accelerators for premier deal flow, raising over $20 million in venture funding, achieving a billion dollar startup valuation, founding a Fortune100 incubator, and advising 50+ startups.
Sipag Ventures taps into the growing Tiger economy of the Philippines with continual economic growth and room for investment in innovation. “We strive to position our brand as the premier funding source for all Filipino Founders”, explains Diane. “We have a pipeline of events, partnerships and opportunities for Filipino Founders to engage with us, pitch us and learn from our team.”
Dates of pitch events and engagement opportunities including “Founders FIreside Chats” which will take place on social media will be released over the coming months here as well as Diane Yoo’s platforms and dianesyoo.com
If you have an amazing founder story contact us – hello@sipagventures.com attn: Diane Yoo
If you need more information about Sipag Ventures or Diane Yoo, please don’t hesitate to contact me. Hollie Boodram, hollie.boodram@otterpr.com
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