Sunday, November 3, 2024
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PH startup Kumu cites crucial role of AWS in its early stage dev’t

In the ongoing growth story of the Filipino live-streaming platform Kumu, cloud service provider Amazon Web Services (AWS) features as a constant backer.

Photo, video editing app Radiant debuts in PH

Radiant Photo’s "pixel perfect" processing uses fully adaptive AI technology to provide per-pixel analysis, optimizing it, but never losing any details.

Lhoopa closes ‘biggest’ funding round by startup in PH

“Proptech” company Lhoopa has announced the completion of its $80-million funding round, which is said to be the biggest funding round by a startup in the Philippines to date and one of the biggest raises in Southeast Asia in 2024, according to CB Insights data.

Manila startup ecosystem value surges to $6.4B: report

The top three ecosystems have maintained their same positions from 2020, with Silicon Valley remaining at the top, followed by New York City and London tied for number 2.

SEC says 146 start-ups, SMEs used crowdfunding to raise P427M in 2023

This comes just three years after the first crowdfunding license was approved by the SEC in December 2020.

P5.5-M capital awaits PH startup winner in SE Asia accelerator program

Southeast Asian fintech company Brankas and venture funder Kaya Founders have just launched their first Open Finance accelerator program for Philippine startups.

5 startups from SE Asia to participate in contest to end plastic waste

The entry from the Philippines is Envirotech, a startup that collects single-use plastic (SUPs) and turns them into useful products such as school chairs.

Spanish startup Jeff to open 10 laundry hubs in PH this year

Spanish startup Jeff has announced that it will open 10 more laundry hubs this year as it seeks to expand its business model consisting of a physical laundry shop combined with an online platform and mobile app for home-delivery laundry.

Pinoy-made mobile game takes players on field trip across PH

Aiming to rekindle love of Philippine culture and history in the nation’s learners, young Filipino indie game developer Audrey Stinson is set to launch her mobile game called Galà later this year.

PH fintech startup exceeds P1-B mark in transaction volume in 2021

NextPay, launched in 2020 amid the pandemic, is a platform that provides underserved customers democratized access to easy and affordable financial services such as digital invoicing, cash management, and batch payments to any bank or e-wallet in the Philippines.
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