ADB raising $50m for SDG-focused debut venture fund

ADB raising $50m for SDG-focused debut venture fund

Aerial view of ADB headquarters. Source: ADB's Flickr stream

Manila-headquartered Asian Development Bank (ADB) is raising $50 million for its debut fund that will invest in startups offering impact technology solutions that contribute to the achievement of the Sustainable Development Goals (SDGs) in Asia and the Pacific.