Funded Startups in Philippines
Across the 50 most recent funded startups shown for the Philippines, the largest disclosed round is West African Resources’ $102M on 2024-07-12.
Across the 50 most recent funded startups shown for the Philippines, the largest disclosed round is West African Resources’ $102M on 2024-07-12. That single disclosed amount dwarfs the rest of the disclosed rounds, with the next-highest amounts clustered far lower (e.g., $60M for Salmon on 2025-06-17 and $34M for Inteluck on 2023-10-24), while several entries sit in the tens of thousands to single-digit millions (e.g., $30K for Mirai Solar on 2024-10-23 and $20K for Knowa on 2024-07-03).
The most recent date in the table is 2025-11-29 (Eluvo Health; undisclosed), and the shown window runs back to 2023-04-10 (Sprout Solutions; $11M). Funding activity clusters in the middle of the period: multiple rounds occur in 2024 around late Q2 to early Q4 (for instance, $16M for YGION Biomedical on 2024-05-21, $32M for UNObank on 2024-02-20, and $10M for Upgrade Energy Philippines on 2024-09-09). Sector and stage are mixed, but “Series Unknown” and “undisclosed” both recur frequently across the list (25 “Series Unknown” rows and 10 undisclosed amounts).
Most recent rounds
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Frequently asked
Which disclosed round is the outlier, and how far above the next-largest disclosed amounts does it sit?
West African Resources’ disclosed $102M (2024-07-12) is the clear outlier; the next-largest disclosed figures in the table are much lower, including $60M for Salmon (2025-06-17) and $34M for Inteluck (2023-10-24).
Do rounds cluster tightly around certain quarters or months within the date range?
Yes: 2024 shows repeated deal activity with several large-to-mid disclosed rounds in close succession, such as UNObank $32M (2024-02-20), YGION Biomedical $16M (2024-05-21), Upgrade Energy Philippines $10M (2024-09-09), and Edamama $10M (2023-11-20) on the outer edge of the window. The table also has a late-2025 run-up with multiple entries in Nov 2025 (e.g., Eluvo Health on 2025-11-29 and Fabra on 2025-11-16).
How often are amounts undisclosed or the round size categorized as “Series Unknown,” compared with named stages?
“Series Unknown” appears in 25 of the 50 rows (e.g., Salmon $60M on 2025-06-17 and Upgrade Energy Philippines $10M on 2024-09-09), while amounts are “undisclosed” in 10 rows (e.g., Eluvo Health on 2025-11-29 and AC Health on 2025-08-11). Named stages do occur (e.g., UNObank’s Series B $32M on 2024-02-20 and YGION Biomedical’s Series A $16M on 2024-05-21), but the unknown categories dominate the staging signals.
Are certain cities repeated enough to suggest a geographic concentration pattern?
Makati/Manila shows up repeatedly across different companies (e.g., OneLot $3M on 2025-11-15; Salmon $60M on 2025-06-17; First Circle $7M on 2024-10-03; UNObank $32M on 2024-02-20). Taguig, Rizal also appears multiple times (e.g., Betterteem undisclosed on 2025-03-26 and ProCredit $4M on 2024-02-26), suggesting repeat hubs rather than one-off locations.
Are there notable low-amount disclosures that materially differ from the rest of the disclosed range?
At the low end, Mirai Solar’s disclosed $30K (2024-10-23) and Packworks’ $60K (2024-07-11) sit far below most disclosed rounds in the millions (e.g., OneLot $3M on 2025-11-15 and Verta Bioenergy $850K on 2025-10-17). Those small figures are outliers relative to the table’s broader disclosed pattern.
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