Foxmont
Foxmont secures $30M first Close for Fund III, anchored by Dutch DFI
Foxmont Capital Partners, the Philippines’ institutional early growth capital firm, announced Friday the first close of its third fund at $30 million — more than doubling its assets under management (AUM) and surpassing the combined size of its first two funds.
Philippines e-commerce logistics startup Locad secures $4.9M Seed fund led by Sequoia Capital India’s Surge
Locad currently runs seven fulfillment centers: four in the Philippines and one warehouse each in Singapore, Hong Kong, and New South Wales. The company plans to use part of its seed fund to further expand its warehouse network in the Philippines and across the APAC region.
