Family Offices Join USD25m Fund Close for Philippines’ Kaya Founders

Family offices and institutional backers have participated in Kaya Founders’ USD25m final close, marking the Philippines venture firm’s first fund to include outside limited partners. The fund drew investors such as Singapore’s Pavilion Capital, Gabriel and Geraldine Sunshine of Bracebridge Capital, Concentric Equity Partners of Chicago, and other family offices and tech operators. Anchor investor AMTI backed the structure, which comprises two vehicles: USD5m “Zero to One” for first cheques of USD150,000–250,000 and USD20m “One to Ten” for USD250,000–500,000 at Seed to Series A. About half the fund is reserved for follow-ons, targeting 5–20% ownership. Founded in 2021, Kaya backs over 40 startups in e-commerce, fintech, health, edtech and SaaS, and plans 10–20 new investments in the Philippines and Southeast Asia.