INACTIVE/DISSOLVED
VCID: 14395642
Profile
Corporate information
Registration country
Fund terms
The APAC Sustainability Seed Fund is a new landmark initiative catalyzed by AVPN, with support from Google.org and Asian Development Bank (ADB) as the strategic and outreach partner, to combat climate change and drive sustainability in the Asia Pacific region.
Asia Pacific, especially low lying and small island countries, is extremely vulnerable to disastrous impacts of climate change such as extreme precipitation events, heat waves, rising sea levels, and loss of biodiversity. And the USD 3 M APAC Sustainability Seed Fund will scale up the most innovative nonprofit sustainability initiatives and solutions that help vulnerable and underserved communities in eleven (11) market countries – Australia, India, South Korea, Japan, New Zealand, Singapore, Indonesia, Thailand, Vietnam, Hong Kong SAR China – to adapt and mitigate the detrimental effects of climate change.
The fund will provide grants to support scaling up non-profit innovations in the following areas:
- Increasing access to renewable energy /decarbonisation efforts
- Adaptation to the effects of climate change
- Biodiversity protection
- Water preservation
- Circular economy
- Air quality
- Waste management
Funding
Funding rounds
Fund Closing USD 3,000,000
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Asian Development Bank | International development finance institution | Philippines | Initial investment. Round participant. |
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Google.org | The philanthropic arm of Google. | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Round | |
|---|---|---|
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Asian Development Bank International development finance institution |
Fund Closing |
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Google.org The philanthropic arm of Google. |
Fund Closing |
Investments
Selected investments
| Company | Country | Notes | ||
|---|---|---|---|---|
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Alam Sehat Lestari |
N/A Initial investment. Round participant. Active |
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TGECA |
N/A Initial investment. Round participant. Active |
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Azure Alliance |
N/A Initial investment. Round participant. Active |
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Uncharted Waters Ltd Not-for-profit, data-driven climate startup in Australia that provides real-time evidence of climate impacts on water and food security. |
Australia | N/A Initial investment. Round participant. Active |
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Border Green Energy Team |
N/A Initial investment. Round participant. Active |
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Villgro Innovations Foundation |
India | N/A Initial investment. Round participant. Active |
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Coalition for Our Common Future |
South Korea | N/A Initial investment. Round participant. Active |
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Water Stewardship Asia Pacific |
N/A Initial investment. Round participant. Active |
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Engineering Good |
Singapore | N/A Initial investment. Round participant. Active |
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Yayasan Solar Chapter Indonesia Nonprofit organization focused on advancing sustainable development in Indonesian rural areas vulnerable to climate disasters. |
Indonesia | N/A Initial investment. Round participant. Active |
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Mahila Housing Sewa Trust |
N/A Initial investment. Round participant. Active |
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Institute for Global Environmental Strategies Environmental policy think tank that aims to establish a closed island recycling system for plastic and other waste on Samet Island in Thailand. |
Japan | N/A Initial investment. Round participant. Active |
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Ocean Recovery Alliance Non-governmental organisation (NGO) focused on creating innovative solutions and collaborations to improve the ocean’s health. |
N/A Initial investment. Round participant. Active |