Author: Christian Francisco
With the theme “Empowering Business Innovations for an Enriched One Visayas”, the conference successfully ignited the startup ecosystem in the region and provided an avenue for collaboration.
Mober said its “sustainable delivery services” in Cebu will support the regional expansion of the Philippine unit of Swedish home furnishing retail giant IKEA.
The second cohort consists of five “high-potential” startups with early achievements in their respective sectors, Founders Launchpad said.
The Q3 Pitch Night, sponsored by early-stage investor Investible, provided startup founders with the opportunity to present their business models, ideas, and plans to some of the Philippines’ most prominent angel investors.
NVIDIA Inception is designed to accelerate the growth of startups by providing them with technical tools, resources, and opportunities to connect with venture capitalists and investors.
Founded in 2021 by Harvard and Stanford alumni Camille Ang and Jiawen Tang, Hive Health provides seamless and all-encompassing HMO health plans tailored for SMEs and startups.
Lhoopa will use the fresh funding to expand further in the Philippines and venture into other emerging markets. It also seeks to beef up its technology capabilities and launch its green housing options.
Founded in 2015 by Nina Ellaine Dizon, Niv Della provides makeup products suited for the Filipino lifestyle, skin tones, and the hot and humid Philippine climate.
Aside from setting up additional clinics this year, Kindred Health said it will use the fresh funding to invest in technology to improve its digital platforms. It also plans to launch new services and enhance existing ones.
The new platform and financing service were introduced at the 2024 Philippine Construction (PhilCon) Visayas Expo in Cebu City. The expo, organized by the Philippine Constructors Association Inc, was participated by over 200 industry exhibitors.
DOST said the research funding will support the startup’s plan to develop a machine-learning-powered precision marketing model. The aim is to offer sari-sari stores (convenience stores) customized recommendations on sellable items from Packworks’ partner suppliers.
The startups – Mylo Speech Buddy, BCRemit, and PAMME – were picked from 12 firms that participated in the 14-week program aimed at providing internationalization support to youth-led tech enterprises.