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Launchgarage
Launchgarage is an open innovation agency and startup ecosystem accelerator based in Manila. It engages with academic institutions, national government, LGUs,...
Launchgarage
Launchgarage is an open innovation agency and startup ecosystem accelerator based in Manila. It engages with academic institutions, national government, LGUs, development agencies, and private enterprise to build innovation ecosystems hosting tech startup creation and growth. For more than a decade it has been one of the Philippines' premiere startup accelerators, collaborating with private corporations, the government, and university-based incubators to help founders and their teams.
General information
Firm type
Venture Capital
Year founded
2012
Location
Region
Asia
Country
Philippines
City
Manila
Corporate office
Manila, Philippines
Principals
Jay Fajardo
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Launchgarage?
Jay Fajardo serves as Managing Partner and leads all investment decisions. A repeat founder, he previously built and sold ProudCloud to Snapchat parent Snap Inc., giving him direct experience with the exit path Launchgarage portfolio companies pursue. Investment committee composition beyond Fajardo is not publicly disclosed.
How does Launchgarage source proprietary deal flow?
Launchgarage sources deal flow through its embedded position in Philippine startup communities — including hackathons, university networks, and founder referrals — a legacy of its origin as an innovation hub before formalizing as an investment firm. Its venture-building and corporate innovation programs surface early-stage teams addressing supply-chain, payments, and distribution challenges unique to the Philippine market.
What investment stages does Launchgarage typically target?
Launchgarage targets pre-seed and seed stages, writing first institutional checks when local capital is scarcest. Ticket sizes generally fall below $500,000, often alongside angel syndicates, regional micro-VCs, or corporate venture arms active in Philippine early-stage rounds.
Is Launchgarage structured as a venture fund or a holding company?
Launchgarage operates as an early-stage venture firm with a fund structure for investment activity, though it also runs venture-building programs and corporate innovation partnerships that generate advisory fee income. This hybrid model is common among Philippine VC managers seeking sustainability beyond management fees on a small committed capital base.
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