Philippines
Wireless tech startup Transcelestial to enter Philippines’ internet infrastructure market with $2M investment from Kickstart Ventures
The company aims to address the Philippines’ Internet infrastructure bottleneck problem through its tech. It plans to provide ISPs, enterprises, and government agencies with a cheaper alternative to traditional fiber optic cables without compromising on internet quality and reliability.
Philippines startup accelerator IdeaSpace opens 2021 program with focus on agriculture, workplace, and sustainability technologies
IdeaSpace will be accepting new applicants for its 2021 program. It is currently considering local startups in HealthTech, MedTech, AgriTech, FoodTech, EdTech FinTech, e-commerce and logistics, media and entertainment, and business-to-business operations.
Philippines-based Podcast Network Asia secures $750K Seed funding for regional expansion
The podcast agency intends to use its new investment to finance its expansion to other parts of Southeast Asia, particularly Malaysia, Indonesia, and Thailand. Part of the new investment will be used to improve the agency’s production and to enhance its performance analytics.
Ant Group-backed Mynt targets unicorn status as it seeks additional funding after $175M investment
After closing a $175 million private equity funding from the New York-based Bow Wave Capital Management, Mynt, also known as Globe FinTech Innovations, seeks to raise more funds to reach unicorn status.
Philippine digital payment startup SquidPay raises $4.16M in Series A round funding and credit line
SquidPay closed Php 100 Million in Series A and Php 100 Million ($2.08 million each) line of credit arranged by Eastern Securities Development Corporation (ESDC)
China’s iQiyi ramps up Southeast Asia expansion
Netflix battle means better localization needed, it says.
