Kickstart Ventures, a wholly owned venture capital firm of Globe Telecom, which manages the Philippines’ largest technology venture capital funds, has recently announced a multi-million UK investment in Roslin Technologies, a UK-based food tech company that provides animal cell lines to the global cultivated meat industry.
Manila made a huge leap in its startup ecosystem value this year, growing by 85% to post an impressive $3.5 billion from a value of $2.1 billion, according to the 2023 Global Startup Ecosystem Report (GSER).
Bitskwela has been actively advancing the crypto education landscape in the Philippines, from localizing educational content to organizing debates aimed at fostering a collaborative environment that promotes understanding and awareness in the Web3 space.
The platform aims to be a “one-stop app” for delivery needs through its seamless booking process. Customers are offered real-time location tracking, whether for on-demand, scheduled, single pick-up, or multiple location drop-off requirements.
Furthermore, there was a 53% year-on-year increase in sellers who quickly achieved breakeven status in the same period and are poised for more long-term success.
The company said the Philippines lags behind its Southeast Asian (SEA) neighbors when it comes to financial inclusion and about 78% of the country remains unbanked and underbanked while the credit card penetration stands at 3% as of 2022.
Shell’s partnership with Brainsparks Philippines in this gathering is in line with its mission of supporting startups that are on the cutting-edge of innovation while help strengthen local economies by promoting entrepreneurship and meaningful employment.
The new WaterDeliveryPH app does more than deliver water; it allows users to save time and worry less by providing a convenient way to order safe and clean drinking water with just a few clicks.
