June 22

How Kaya Is Backing A New Generation Of Founders In The Philippines

By David Prosser

The race is on to secure exposure to the burgeoning start-up ecosystem in the Philippines. One of the fastest-growing markets in South-East Asia has attracted venture capitalists from all around the world – start-ups in the Philippines raised a record $1 billion of funding in each of the past two years according to a report from Foxmont Capital Partners and BCG. Now a home-grown challenger, Kaya Founders, is raising the stakes with a new $12 million funding facility aimed at technology-enabled start-ups in the country.

Photo courtesy of Brian Evans.

Source: Forbes (link opens in a new window)

Investing, Technology
startups, venture capital