Series Unknown Funded Startups in Philippines
Across the 21 most recent “Series Unknown” rounds shown, the largest disclosed amount is West African Resources at $102M (2024-07-12).
Across the 21 most recent “Series Unknown” rounds shown, the largest disclosed amount is West African Resources at $102M (2024-07-12). That $102M round is an outlier: the next-largest disclosed figures are Salmon ($60M on 2025-06-17) and Giftaway ($18M on 2025-02-13), while several others sit near the $1M–$10M band (e.g., First Circle at $7M on 2024-10-03; Upgrade Energy Philippines at $10M on 2024-09-09).
The rounds cluster tightly by time and location. Dates span 2022-12-08 (Wela School Systems) to 2025-08-11 (AC Health), with 2024 making up the majority of entries. Geographically, Manila/Makati/Taguig/Pasig locations recur (e.g., AC Health in Makati on 2025-08-11; Giftaway in Legaspi on 2025-02-13; First Circle in Taguig on 2024-10-03), while multiple entries are listed outside the Philippines (e.g., Squads is “Solana, Misamis Oriental, Philippines” on 2025-05-14, and several are tied to “Australia, Isabela, Philippines” such as West African Resources on 2024-07-12 and Knowa on 2024-07-03).
Most recent rounds
21 shownRelated listings
Frequently asked
What does the largest disclosed round tell you about deal-size concentration in this Philippines “Series Unknown” set?
West African Resources’ $102M (2024-07-12) is the only disclosed round above $60M; the next-highest disclosed amount shown is Salmon at $60M (2025-06-17), with Giftaway at $18M (2025-02-13) following. Most other disclosed rounds fall well below that, including $7M (First Circle, 2024-10-03) and $10M (Upgrade Energy Philippines, 2024-09-09).
Is there a recent time window where multiple rounds close close together?
Yes. In 2025, two of the larger disclosed rounds appear within a few months—Salmon at $60M on 2025-06-17 and Giftaway at $18M on 2025-02-13—while the latest entry is AC Health on 2025-08-11 (undisclosed). In 2024, multiple rounds cluster in mid-year, including West African Resources ($102M) on 2024-07-12, Packworks ($60K) on 2024-07-11, and Heartbeat of Football Foundation ($150K) on 2024-06-25.
Are any cities recurring enough to suggest a geographic hub pattern?
Makati, Manila, Taguig, and Pasay show up repeatedly across different companies: AC Health is in Makati (2025-08-11), DOON is in Makati (2024-09-20), and Upgrade Energy Philippines is also in Makati (2024-09-09). Financial Services entries also cluster around the same metropolitan area (e.g., First Circle in Taguig on 2024-10-03; Salmon in Manila on 2025-06-17).
Which sectors appear most often across these 21 rows?
Health Care appears in multiple entries (AC Health on 2025-08-11, Verta Bioenergy on 2025-01-01, Syntropic on 2024-07-22, and Heartbeat of Football Foundation on 2024-06-25). Commerce and Shopping also repeats (Giftaway on 2025-02-13, DOON on 2024-09-20, GrowSari on 2024-08-05), while Financial Services shows up with Salmon (2025-06-17), Netbank (2025-03-13), and First Circle (2024-10-03).
Are there any amount outliers besides the top disclosed figure?
Aside from the $102M West African Resources round (2024-07-12), there’s a low-end outlier pattern: several very small disclosed rounds are near tens of thousands, such as Packworks at $60K (2024-07-11) and Knowa at $20K (2024-07-03). By contrast, some mid-range disclosed rounds are still sizable in comparison (e.g., Yield Guild Games at $14M on 2023-02-13 and Advance Tech Lending at $4M on 2022-12-22).
How much of the list is effectively “undisclosed” on round size?
Undisclosed amounts appear frequently among the 21 rows, including AC Health (2025-08-11), Squads (2025-05-14), Netbank (2025-03-13), Verta Bioenergy (2025-01-01), Skyway Airlines (2024-07-09), MAYANI (2024-04-19), and Wela School Systems (2022-12-08). This means the disclosed-size comparisons (like the $102M maximum) are made on a subset rather than the full set of entries.
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