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.

Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter

TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…

Startups Driving Inclusive Innovation in the Philippines [BEYOND Virtual Panel recap]

This Beyond Virtual session held on November 16 shows the exchange of ideas regarding the present and the future of the Philippine startup ecosystem. The panelists discuss the challenges companies have encountered and how they have overcome the difficulties.

Kumu breaches $100M in funds raised with Series C led by General Atlantic, aims to create the world’s largest participatory social network

This transaction marks the largest equity financing to date for a Filipino startup not founded as a subsidiary or spinoff of an established conglomerate. It also marks General Atlantic’s first investment in the Philippines. The funding will be used to double down on content investments both in the Philippines and around the world.

Philippines: Southeast Asia’s next big breakout market?

TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future…

Philippines VC Gentree Fund allocates $40M for SEA startups looking to expand in the country

Gentree Fund, a Philippines-based sector-agnostic fund that focuses on investments into early-stage B2C and B2B companies, has just announced that it has earmarked an initial $40 million to invest in early and growth-stage Southeast Asian startups with plans of expanding into the Filipino market.

Social entertainment startup Kumu to scale operations and roll out new features with Series B fundraise led by SIG and Openspace Ventures

Kumu will use the new infusion to scale its current operations, which has seen significant growth over the past year. To date, an estimated 11.2 million registered users around the world watch live streams up to 60 million times per month, with over 100,000 active streamers commanding about one hour of average daily usage for its mostly Gen-Z & Millennial…

Podcast Network Asia, a Philippine-based podcast agency, secures $750K seed funding

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.