Philippine Startup Funding Hits $1b This Year


 VC firm Gobi-Core Philippine Fund reports a resurgence in the Philippine startup ecosystem with over US$1 billion in funding in 2024.

This marks a rise from the previous year, driven mainly by sectors like fintech.

The VC firm notes an increase in debt financing, indicating growing stability in local startups.

Source: Gobi-Core Philippine Fund

 

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