New venture fund Katalyst.ph to focus on Filipino-owned startups

Visual from Katalyst.ph website. July2015

A new venture fund called Katalyst.ph has been incorporated in the Philippines and is gearing up to accelerate the local startups and businesses. Katalyst.ph, which will be focused solely on the domestic enterprise, currently has $1 million investment fund.

“Katalyst.ph’s attention is on the criteria if a company is based in the Philippines, or is it Filipino-owned or operated in some way. We focus on this because there are segments of the Philippine economy that are overrun by multinational subsidiaries, like in the BPO industry, agriculture, industrial foods, and many others, and Katalyst.ph wants to change that,” said Katalyst.ph founder and CEO Pinky Natividad.

Headquartered in Makati City, the management of this new venture fund believes that many of the fundamental issues faced by Philippine community — from clean water to access to stable power—can be addressed through entrepreneurship and innovation,

Also read: Philippine SMEs becoming startup investors, says IdeaSpace

A certified public accountant and an active local, civic leader, Natividad said she chose to name the venture fund as Katalyst.ph since the goal is “to serve as a catalyst for business creations by working with individuals that fund and lend to startups.”

Aside from Natividad, Katalsyt.ph is also headed by two advisory board members, Joe Maristela and Jardine Gerodias.

Maristela had disclosed the plan for the new venture fund to DEALSTREETASIA last May. Its intended name then was Tadhana Ventures, which was later changed to Katalyst.ph.

Also read: New VC firm Tadhana Ventures to launch in PH

Maristela is the founder and COO of healthcare business process outsourcing (BPO) company Star Business Center in Makati City. He also sits as board member of the Bitcoin Organization of the Philippines.

Jardine, is the founder of Rebit.ph, a service of Satoshi Citadel Industries, a Philippine-based holdings company for Bitcoin-related ventures.

Also read: Philippines’ Kickstart Ventures scales up startup funding in emerging markets

Natividad said that the fund aims to help a network of angel investors and venture capitalists to choose from the best possible lot (of startups) in Philippines.

“Investing in the Philippines means investing in Filipino-owned companies and startups. Katalyst.ph is the conduit. We are working with individuals that fund and lend to startups,” Natividad added, noting Katalyst.ph will be doing convertible debt deals and safe investments.

Also read:

Silicon Valley’s Plug and Play to invest more in PH startups

BPO founder invests $100k in PH fintech startup SCI

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.