More articles about: philippine startup ecosystem

Manila-based venture capital firm Foxmont Capital Partners has announced that it has secured its first close of a third fund, raising $30 million or P1.7 billion.The company has backed thriving local businesses such as cosmetic brand Colourette, Pickup Coffee, ...

From a hobby to a business-this is the origin story of rising social commerce platform Toki. Built for collectors, its founders Frederic Levy, Zoe Ocampo, and Jules Jurado are proud to be part of the community themselves. The masterminds behind the ...

Filipino cosmetics brand Colourette has raised $2 million (about P117 million) in its latest funding round-making it the first Filipino brand to secure an investment from one of the leading venture capital firms in Southeast Asia. The amount came from Singapore- ...

Female technology startup Kindred Health, Inc. has secured a total of $5.5 million in capital to level up its health care services specifically tailored for women in the Philippines. The company raised $2.5 million after successfully closing its pre-Series ...

Financing company Asialink Finance Corporation has secured a P125-million credit line from South Korea's Hana Bank Global to boost its lending capabilities for small businesses in the Philippines, especially those who have no access to traditional banking services. "This breakthrough ...

The future is bright for startups. And we're saying this not just because it's helping drive the growth of the economy through the creation of new jobs. With emerging technologies such as artificial intelligence, startups now have more opportunities to ...

Financial technology startup Elevate has raised additional funding worth $5 million (almost P293 million) to expand its operations and cater to more freelancers in the Philippines. The platform simplifies the process for self-employed workers to receive payments in U.S. dollars ( ...

There is a new lending option that aims to support micro, small, and medium enterprises (MSMEs) in the Philippines, as entrepreneurs continue to struggle to get access to loans. Through its team-up with financial technology solutions provider TrueMoney, the Yuchengco-led ...

Pickup Coffee is gearing up to broaden its market in the Philippines even more as it joins Endeavor's network of "high-impact" global entrepreneurs.Endeavor made the announcement at the 99th International Selection Panel held in Nairobi, Kenya from May 22 ...

Financial technology startup Beppo has acquired online tax platform JuanTax after closing a pre-seed funding round led by Wavemaker Partners. The amount, in which unidentified angel investors pitched in, was not disclosed.The capital also enabled Beppo to acquire five pioneering ...

The Philippine startup ecosystem is set to take center stage in a panel discussion led by Stanford University, with Paulo Campos of Kaya Founders joining the roster of speakers. The discourse, titled "The Startup Ecosystem of the Philippines: Current Trends and Opportunities," ...

If you have plans of starting your own company in the Philippines, you might want to rethink your options. As it turns out, the country is the worst place to be for startups around the world, according to online think tank Business ...

Climate technology startup Humble Sustainability is set to scale up its advocacy of reducing electronic waste after securing additional funding from Asia-focused venture capital firm Gobi Partners. The amount, however, was not specified in the new release.The funding, made possible ...