The founding partner of Foxmont Capital Partners shares how investing in local innovation can catalyse change
The Filipino startup scene is forecasted to thrive in 2024. Having one of the fastest-growing e-commerce industries in the world, the country is set to see more entrepreneurs succeed. Jelmer David Ikink, a venture capitalist and partner at local independent VC fund Foxmont Capital Partners, is ready to support them.
Foxmont Capital Partners invests heavily in the Philippine economy to champion local businesses. To date, Ikink and his team have backed over 30 successful enterprises, including Etaily, Pickup Coffee and Expedock. Here’s what the young investor has to say about his journey and how he aims to bring local solutions to local problems.
Read more: Why humans still have the upper hand over AI—for now
In the venture capital world, impact isn’t just about…