Cloud computing giant Amazon Web Services has announced a $230-million commitment for startups around the world, including the Philippines, to accelerate the creation of generative AI applications.
The program will culminate in a demo day in April, providing an opportunity for the startups to showcase their progress and attract potential partners and investors.
The report from Gobi-Core Philippine Fund noted that while there was a discernible downturn in funding compared to 2022, there was also a surge in startup deals.
Jay Fajardo, who has founded several tech startups over the years, will be taking on the role of outgoing IdeaSpace and QBO Innovation Hub executive director Katrina Rausa Chan.
Department of Information and Communications Technology (DICT) secretary Ivan John Uy said the Philippines is host to more than 1,100 startups, 60 incubators and accelerators, 50 venture capitalists, and more than 200 co-working spaces who are now actively collaborating.
A new report has found that 74% of Filipino startup founders believe that the Philippine government does not provide adequate support, while 57% said the country “greatly lacks” funding opportunities.
Hive Health, a digital health insurance startup founded at Harvard and Stanford Universities in 2021, announced its acquisition of Health Plan Philippines Inc. (HPPI), a health maintenance organization (HMO) service provider in the country.
As a prelude to the highly-anticipated 6th annual Geeks On A Beach (GOAB) conference, an exclusive Investor's Roundtable Dinner is set to take place on November 22, 2023, at the Bellevue Resort Hotel in Panglao, Bohol.
The selection marked the 11th iteration of the IdeaSpace Accelerator Program, whose main goal is to facilitate the swift expansion of promising technology-rooted startups.
With the launch of the Plentina app’s initial launch back in 2020, the ambitious fintech startup has now successfully ventured from Buy Now, Pay Later (BNPL) store credit for underserved Filipinos to offering a complete suite of financial wellness tools for multiple segments of the Filipino community.
