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, […]

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 Radical Fund, a climate-focused early-stage investor headquartered in Bangkok, has successfully achieved the first close of its climate tech fund, raising an initial amount of US$40 million. The fund is specifically targeted at supporting early-stage startups in the Southeast Asia (SEA) region that are dedicated to addressing climate-related challenges. The Radical Fund operates under […]

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 […]

Philippine fiber internet provider Converge ICT Solutions Inc. and South Korea’s KT Corporation, formerly Korea Telecom, have agreed to pursue a potential business collaboration and partnership that will support the digital transformation of local businesses by providing innovative enterprise technologies. Converge and KT Corp. signed a memorandum of understanding (MOU) that aims to extend digital […]

PDAX, one of the Philippines’ leading regulated and licensed digital asset exchanges, has launched PAX Prime, a new exclusive service dedicated to sophisticated Filipino crypto investors and their growing needs in the dawn of digital assets. This new move is part of the company’s broader effort to enable and empower crypto holders in the Philippines […]

Philippine-based crypto exchange platform PDAX (Philippine Digital Asset Exchange) announced that it raised more than $50 million in its Series B fundraising round led by Tiger Global. Kingsway Capital, Jump Capital, Draper Dragon, Oak Drive Ventures, DG Daiwa Ventures, Ripple, and UBX Ventures also participated in the funding round In August 2021, PDAX began raising […]

Philippine Digital Asset Exchange (PDAX), a licensed cryptocurrency exchange in the Philippines, announced raising $12.5 million in a funding round led by a UK-based venture capital firm. The round was also backed by Hong Kong-listed fintech firm BC Group and existing investors, including venture capital firms Beenext Ventures, CMT Digital, global enterprise cryptocurrency leaders such […]