Philippine CloudEats closes fresh $7M funding round for SEA expansion

CloudEats, a Phiilippine-based cloud restaurant company, has raised $7 million in a fresh funding round led by Nordstar, a London-based venture firm.

Clearer laws, better funding: A startup wishlist for Philippine regulators

TechNode Global’s series on the Philippines delves into why Filipino startups are attracting venture capital (VC) money in droves. In this fourth and final part, TechNode Global recaps recent government initiatives to spur the Philippine startup ecosystem, and get Philippine founders’ regulatory wishlists.

Finding a niche in the Philippines’ Iron Triangle

In this third part, we explore how much Covid-accelerated digitization boosted the country’s ‘Iron Triangle’ – e-commerce, logistics, and fintech – startups, and how the startup Davids are battling the Goliath super apps to carve out their own niches.

Philippines cloud kitchen startup CloudEats closes $5M Series A with Vulpes, Gobi Partners, and Alibaba-backed BAce Capital

Funds raised in this round will be utilized to scale CloudEats’ proprietary smart kitchen technology, open cloud kitchens in more markets across the region, and develop new champion brands like Burger Beast, which has now become one of the top recognized burger brands in the Philippines, CloudEats said in a statement.