Enterprise tech news and intelligence in the Philippines
1Export, a tech-enabled exporting company based in the Philippines, has raised an $800,000 seed round to scale their technology and expand to Indonesia. The funding was led by Foxmont Capital…
Image from Carousell Blog Online classifieds platform Carousell raised $100 million in fresh investments, which will enable it to further expand its reach in Southeast Asia (SEA). STIC Investments, a…
Launched in May 2021, the Infobip Startup Tribe program aims to find and bring together the world’s most innovative startups to help fast-track their growth and development. On Sept. 15,…
Image from Veremark website Veremark, the global pre-employment screening service that helps companies verify employee credentials, has raised a $2.8 million seed round in follow-on investment from ACF Investors, Triple…
In support of the country’s start-up communities and innovative ideas, PLDT and Smart recently announced their search for the next game-changer with the launch of the “PLDT & Smart Startup…
Yield Guild Games (YGG), a decentralized gaming guild of players and investors who generate a yield from NFT-based games, has raised a $4.6 million investment led by venture capital firm…
For the inaugural “AQELERATION: B2B Startups Disrupting Industries” program, QBO Innovation Hub and Microsoft picked three Philippine startups (Steer, Mayani, and Last Mile Incorporated) that will receive intensive training, dedicated…
Huawei announced its plan to invest $100 million in startup support at the inaugural Huawei Cloud Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said…
NextPay, a digital financial solutions platform in the Philippines, has secured $1.6 million (over P80 million) in seed funding from Singapore-based venture capitalist Golden Gate Ventures and private investment vehicle…
QBO Innovation Hub, the first public-private partnership platform for Filipino startups, recently partnered with Microsoft to launch a nationwide program designed to accelerate the growth of selected startups developing enterprise…
Financial technology (fintech) company Xendit throws its support to startups in the Philippines by launching the “Level Up” accelerator program that will equip them with tools and skills to scale.…
Five startups in the Asia Pacific region were chosen to join Visa’s first accelerator program, which seeks to find innovations in digital payments. Brankas, Curlec, DigitSecure, ModusBox, and Open are…
In launching the HIIGENE program, Sanitary Care Products Asia (SCPA) hopes to boost the Philippine startup ecosystem and encourage more Filipinos to become entrepreneurs. HIIGENE or Human Investment x Impact…
Indonesia-based digital payments infrastructure startup Xendit secures $64.6 million in a Series B round led by Accel, a global venture capital firm, raising its total funding to $88 million. YCombinator,…
IdeaSpace, a founder-focused non-profit running startup support programs, is encouraging technopreneurs from different industries to send their applications to be part of its 2021 acceleration program. Now in its ninth…
IdeaSpace Philippines invests P3 million in three startups operating in the Philippines. Agro Digital PH, Humble, and Workbean will be receiving P1 million each as the investment firm and early-stage…
ABI Research, a global tech market advisory firm, has identified 10 hot tech innovators and disruptors in supply chain technologies leading these timely and results-driven solutions. The varied applications that…
Manulife and global venture accelerator firm Brinc launched today a program to search for startups to fast-track digitization and build digital solutions to improve the health and financial wellbeing of…
The Spanish startup, Jeff, raised $21 million in a Series B financing round. Jeff is the global solution for entrepreneurs that offers everything they need to start a successful business…
Accenture has launched a new immersive engagement and investment program targeting emerging technology software startups to help fill strategic innovation gaps for the Global 2000. Called Project Spotlight, the exclusive…
Microsoft for Startups launches the “Highway to a 100 Unicorns” initiative in the Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56…
Hub Security, a startup that offers military-grade cybersecurity solutions for fintech, cloud, blockchain, and data storage, announced today it has closed a $5 million Series A funding round led by…
With offices in Singapore and Manila, Ticket2Me posted a 229.4% increase in revenue buoyed by a whopping 625.4% increase in individual ticket orders. Ticket2Me issued 79,437 tickets in 2019, a…
Launchgarage Innovation Hub has partnered up with Malaysia Digital Economy Corp. (MDEC) to launch EXPAND PH, a market access program that provides growing Malaysian startups with opportunities to connect with…
Asian financial supermarket GoBear recently announced $80 million in funding to date. GoBear will use the funds to drive growth through product and technology enhancements, expand its partner network, and…
Kezar team with co-founders Edward Solicito (second from left) and Paul Galacan (fourth from left). Singapore is one of the most startup-friendly countries in the region with investors actively looking…
Philippine blockchain-enabled ticketing startup Ticket2Me announced recently that it has secured $350,000 seed funding from Singapore-based Citystate Group Pte. Ltd. With the funding, Ticket2Me is set to implement its expansion…