TechCrunch

JULY 27, 2022

Sari-saris are small neighborhood stores in the Philippines that are often run on pen and paper ledgers. They said they witnessed how sari-saris have a difficult time tracking inventory and getting supplies for their stores, especially in the provinces of the Philippines.

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TechCrunch

JUNE 21, 2021

Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. The $30 million total it has raised include its seed funding and Series A, which according to a July 2020 profile in Esquire Philippines was $14 million.

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TechCrunch

MAY 19, 2021

Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe. Navegar, which led Great Deals’ Series A , also returned for this round.

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Philippines Group Raise Asia 90

TechCrunch

APRIL 15, 2021

E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of under 10%. Other participants included JG Digital Equity Ventures (JGDEV), Amino Capital, Canaan Partners Scout Fund and Ignite Impact Fund. Plentina co-founders Kevin Gabayan and Earl Valencia.

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Philippines Raise Vietnam Asia 76

TechCrunch

NOVEMBER 8, 2022

Manila-based Humble Sustainability is a circular economy startup that wants to keep it out of the Philippines’ landfills. Humble will use the funding to expand its network of partners and buyers, and grow its team, including hiring department heads. ” 5 tips for scaling your green startup during a funding drought.

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TechCrunch

MARCH 28, 2022

GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 Along with prior funding, including $45 million announced in January , this brings the round’s total to about $110 million. million to its Series C round.

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Philippines Platform Asia Digital 85

TechCrunch

SEPTEMBER 14, 2021

Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. This new round brings its total funding so far to $238 million. Accel led Xendit’s $64.6

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TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. London, Manila (Philippines), Kuala Lumpur (Malaysia), Melbourne (Australia), Vietnam and Sri Lanka.

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TechCrunch

FEBRUARY 15, 2022

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

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TechCrunch

NOVEMBER 17, 2020

Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Social commerce is well-positioned to take off in the Philippines for several reasons, he added.

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TechCrunch

JANUARY 25, 2022

Enter BreederDAO , a months-old, Philippines-based “specialist manufacturer” of digital assets for use in blockchain-based games and virtual worlds, including “Axie Infinity.” Why fund an outfit that’s solely focused on producing digital assets, as if they were widgets on a factory line?

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TechCrunch

APRIL 11, 2022

Voyager Innovations , the owner of Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 Voyager’s last round of funding was in July 2021 , when it raised $167 million in preparation for launching its neobank.

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Philippines Raise Asia License 93

TechCrunch

AUGUST 11, 2021

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1%

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TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.

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TechCrunch

JANUARY 12, 2021

Just a year later, Checkout.com added $150 million in funding at a $5.5 Checkout.com is now valued at $15 billion based on today’s funding round. And the company is working on adding India and the Philippines. With today’s funding round, the company will open two new offices in the U.S.

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TechCrunch

APRIL 21, 2022

MadEats , Y Combinator alum, claims to be the first “‘full-stack’ delivery-only startup in the Philippines,” with their own virtual storefront, ghost kitchens and fleet of drivers. million in seed funding led by JAM Fund, Crystal Towers Capital, Starling Ventures, MAIN and Rebel Fund.

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TechCrunch

MAY 15, 2023

million in pre-Series B funding, led by Headline Asia. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. The Singapore-based startup announced today it has raised $6.6

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TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. Brazil, Pakistan, and the Philippines. ” More than 1.5

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TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round of funding in September 2021. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.

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TechCrunch

SEPTEMBER 23, 2022

A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . Image Credits: CloudEats. CloudEats says it has served more than 2.5 million orders.

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Vietnam Philippines Raise Asia 100

TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The company’s last funding announcement was in February 2019, when it hit unicorn status with a Series D of $300 million. All three are returning investors.

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TechCrunch

MARCH 29, 2022

Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The round will be used to expand in Indonesia and the Philippines, acquire more esports teams and scale Ampverse’s play-to-earn unit. . .” yearly since 2017 thanks to the growing accessibility of smartphones.

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TechCrunch

JULY 5, 2021

The funding was led by Sequoia Capital India’s Surge (Locad is currently a part of the program’s fifth cohort), with participation from firms like Antler, Febe Ventures, Foxmont, GFC and Hustle Fund. Part of its funding will be used to expand into more Asia-Pacific markets, focusing on Southeast Asia and Australia.

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TechCrunch

AUGUST 29, 2022

The new capital will be used to expand Glints’ talent supply base in the Philippines and employer demand globally and hiring for its product and tech teams. Founder and CEO Oswald Yeo told TechCrunch the company is focusing on the Philippines because of “its large and fast-growing international workforce.

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Singapore Philippines Platform Vietnam 75

TechCrunch

DECEMBER 26, 2022

Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment. Akulaku, which operates in the Philippines and Malaysia in addition to Indoensia, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank.

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Philippines Raise Asia Malaysia 97

TechCrunch

JULY 27, 2021

It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. The company’s previous round of funding was a $20 million Series C announced in April 2019. It expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.

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TechCrunch

OCTOBER 19, 2021

This brings Seafair’s total funding to about $7 million. Maritime intelligence platform Greywing raises seed funding from investors like Flexport. Shipping companies are based around the world, but about 50% of seafarers come from Eastern Europe and the Philippines, so they typically rely on agencies to staff vessels.

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TechCrunch

FEBRUARY 23, 2021

ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. ” ErudiFi’s Series A will be used on hiring for its product and engineering teams and to expand in Indonesia and the Philippines. 13 investors say lifelong learning is taking edtech mainstream.

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TechCrunch

JANUARY 25, 2022

The funds will be used to enter new regions in the Philippines and expand its financial products. GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent. million “mom and pop” stores in the Philippines. .

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Philippines Platform Fund Digital 75

TechCrunch

AUGUST 19, 2021

billion crypto fund, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited partners. billion Crypto Fund III. Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now. Indeed, a16z is announcing today that it just led a $4.6

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Game Philippines Asia Digital 145

TechCrunch

JULY 29, 2021

Along with its new funding, SODA announced it has acquired rival Monokabu. A SoftBank Ventures Asia spokesperson told TechCrunch the fund decided to invest in SODA again because the company’s growth has increased rapidly since its previous funding. million monthly users.

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Platform Asia Raise Philippines 102

TechCrunch

AUGUST 31, 2021

If you’re in India, the Philippines, Russia or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others.

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Russia Malaysia Philippines Raise 100

TechCrunch

OCTOBER 7, 2021

Upmesh was launched nine months ago by Wong Zi Yang, Soh Jan, Nhat Vu and Shawn Teow, and is now used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines. In the Philippines, however, many vendors do live commerce to supplement their brick-and-mortar shops.

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Philippines Community Malaysia Singapore 90

TechCrunch

FEBRUARY 9, 2022

This amount includes Brick’s previously undisclosed seed funding, which TechCrunch reported in May 2021 , but the majority of it is fresh capital, said co-founder and CEO Gavin Tan. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion. The company announced today it has closed a $8.5

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Asia Open Indonesia Philippines 82

TechCrunch

OCTOBER 6, 2022

Based in Singapore, the startup just exited stealth mode with $2 million in pre-seed funding. million in orders across 150 brands in the Philippines, Malaysia, Indonesia, Singapore, Taiwan and Australia. The startup’s new funding was used during stealth mode to hire 30 people in six countries.

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Platform Philippines Asia Singapore 98

The NonProfit Times

OCTOBER 9, 2024

Philippines-based nonprofit Yellow Boat of Hope Foundation was selected winner of the.ORG of the Year award, recognizing the organization’s work to provide access to education for children in remote and poverty-stricken areas by providing boats to reach their schools. Yellow Boat of Hope is also the winner of the 2024.ORG

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TechCrunch

JUNE 26, 2022

And if you buy the same Nike shoes in Indonesia, Thailand or the Philippines, the answer is going to be much closer to 25%, maybe upwards of 30%.”. Deliveree is currently available in Indonesia, the Philippines and Thailand. The answer is very well-documented. It’s about 8%. and will exceed $100 million this year.

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