Nibertex, a deep tech startup headquartered in Singapore and operating in the Philippines, has concluded a highly successful funding round, which was oversubscribed. This funding initiative was spearheaded by Foxmont Capital Partners, a venture capital firm based in the Philippines, with additional support from influential Southeast Asian families. With the backing of Foxmont Capital Partners, […]

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 […]

Philippines-based Citicore Renewable Energy Corp, a major player in the country’s solar power sector, has officially applied to an initial public offering (IPO), seeking to raise up to 12.94 billion pesos ($231.9 million).  The IPO involves the sale of approximately 3.335 billion shares, including an over-allotment option, priced at up to 3.88 pesos ($0.07) per […]

Philippines-based Nila Capital is the country’s inaugural student venture fund, officially launching with new opportunities for Gen Z startup founders. The fund’s core mission is to provide visionary young entrepreneurs with essential capital; it also strives to create an extensive network of industry professionals. Nila Capital is capping its funding at $10,000 per round. It […]

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). […]

Malaysian recommerce platform, CompAsia, has secured series A funding in a round led by Gobi Partners, a Pan-Asian venture capital firm. The exact amount of funding remains undisclosed. The funding injection will support CompAsia’s ambition to expand its presence in Asia.  CompAsia specializes in creating an integrated platform that facilitates the trading and purchasing of […]

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 […]

The Philippine venture capital firm Kaya Founders has successfully raised $12 million in funding for two new funds. The Gokongwei family played a key role in anchoring the funding round, which also saw participation from institutional investors, family offices, high-net-worth individuals, and renowned entrepreneurs. With this funding, Kaya Founders now manages a total committed capital […]

Filipina actress Yassi Pressman is launching her own own startups – PEG and BrandNation – after raising $2 million in seed funding. Funding from the seed round that was led by Sonla, a cryptocurrency exchange and digital asset custodial provider, will be used to drive the deployment of the proprietary PEGFi interoperable and integrated digital […]

Philippine-based circular economy startup Humble Sustainability has raised $750,000 in Seed funding to enable it to bring companies’ excess inventory back to circulation through its technology services. Leading Humble’s seed round was Seedstars International Ventures, a seed-stage venture fund dedicated to emerging and frontier markets. The other participants were iSeed Ventures, an early-stage VC in […]