Fund profile

Ignite Impact Fund

California, United States

Leading

About

Ignite Impact Fund is a venture capital firm based in the Philippines, founded by Maoi Arroyo in 2017, with a mission to address extreme poverty through impactful investments. The fund focuses on early-stage startups that aim to make measurable social and environmental changes while delivering financial returns. Ignite's portfolio includes companies in sectors such as agriculture, internet access, and financial technology. Examples include Quicksilver Satcom Ventures, a satellite broadband provider for underserved areas, and Plentina, an online lending app that uses a “buy now, pay later” model to help unbanked populations​. The fund specifically targets businesses that contribute to the United Nations Sustainable Development Goals (SDGs), focusing on job creation and community impact in the Philippines. By investing in innovative solutions in agriculture, mariculture, and broadband infrastructure, Ignite aims to help lift Filipinos out of poverty. Arroyo’s vision is to eventually eradicate extreme poverty in the Philippines by investing in solutions that provide basic needs and economic opportunities​. Ignite is not only focused on financial gains but also on making investments that align with ethical, inclusive, and sustainable principles.

Details

Round

Pre-SeedSeed

Highlights

$2.2M

Historical average check

$2.2M

Historical max check

April 2021

Last investment date

1

Investments

Fintech & Financial services

AI & Deep Tech

Funds that also invest in Software & Apps