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Philippines: 500 Startups, others back modular home firm Revolution Precrafted in $15.4m round


“They didn’t need venture capital. This is a deal we had to fight to get into.” – Khailee Ng, Managing Partner, 500 Startups

More diversity means more innovation in PE/VC: Minette Navarrete, Kickstart

“More diversity, more points of view would mean more innovation”

Seven Japanese trading houses investing $3.9b in Philippines

Mitsubishi, Mitsui, Sumitomo, Itochu, Marubeni, Toyota, Sojitz are to invest

Philippines: STI to raise $99m; Century Pacific debuts on FTSE Apac index

STI Education Systems Holdings Inc is aiming to raise up to $99.3 million (P5 billion) via bond sale while Century Pacific Food Inc (CNPF) has made its debut on the Asia-Pacific equity market. Century Pacific debuts on Asia-Pacific equity market Century Pacific Food Inc (CNPF), the Philippines’ largest canned food company,… Read more »

Philippines: Wilcon Depot’s $157m IPO approved

The home-building solutions provider will use the net proceeds from the offer for store network expansion, debt repayment, general corporate purposes and fund strategic acquisitions.

Exclusive: Philippine-based Tagcash backs PackingDelicious in seed round

Launched in December 2015, PackingDelicious is a platform for prepacked gourmet and health products.

Five Chinese firms to invest $10b in Philippines

The planned projects are estimated to create over 15,500 jobs.

Philippines: Eagle Cement sets $183m IPO

Eagle Cement expects net proceeds of up to P7 billion on its primary common shares offer which shall fund the construction of a P12.5 billion cement hub in Cebu City.

Philippines: Alco inks EPC deal with Dongfang Group, Knusford for Cebu Exchange

The collaboration among the three groups is expected to bring together strengths in design, building construction, project management and expertise in the Philippine property sector.

Philippines: KK Fund leads seed round in HR-tech startup Venteny

Japan’s Ocean Capital Inc also joined the round.