Netherlands-based investment firm Orient Growth Ventures has successfully closed its second fund, Orient Growth Fund II, amassing $90 million in commitments. This fund is a major increase from its inaugural $25-million fund raised in 2020. The firm has shown an escalating focus on backing early-stage venture capital managers across Southeast Asia and India. With Orient […]

Venture capital firm 500 Global has successfully closed its 500 Southeast Asia III fund, amassing $143 million in capital. It is the firm’s largest early-stage fund dedicated to Southeast Asia. It serves as its primary investment vehicle for startups throughout the region’s growth journey, from pre-seed stages to the cusp of initial public offerings (IPOs). […]

AHG Lab, an independent venture builder based in the Philippines, has successfully raised $4 million in a pre-Series A funding round to expand its portfolio of ventures and programs. The funding round was invested by Seaborne Capital, Filipino family offices, Imagine If Partners and US family office– the Rufino Family and David Leechiu.  AHG Lab […]

In a significant move to bolster the local startup ecosystem, the Department of Trade and Industry (DTI) revealed that the Philippine Startup Venture Fund (SVF) now stands at about P8 billion (around $143 million). The fund signifies the capital available for investment in promising startup businesses. During the SVF Investment Committee’s community mixer event, five […]

Villgro Philippines has partnered with the International Development Research Centre (IDRC) of Canada to spur responsible AI development in South and Southeast Asia. The two companies recently led the launch of Artificial Intelligence for Health in Asia (AI4Health Asia), a program that is designed to scout, support, and scale innovations that would spur responsible AI development […]

Startup accelerator Archipelago Labs (A-Labs) has launched a $10 million Web3 fund to invest and accelerate the growth of the most promising startups and talents in the Philippines’ Web3 ecosystem. Backed by reputable partners from the Philippine Digital Asset Exchange (PDAX), Oak Drive Ventures Inc., and Magellan Digital Investment Group (MDIG), A-Labs boasts of its […]