Philippine startup fundraising fell 26% this year, yet 2023 holds promise

Philippine startup fundraising fell 26% this year, yet 2023 holds promise

Manila Bay, Manila, Philippines. Photo: Eugenio Pastoral/unsplash

Fundraising in the Philippines did not fully recover in 2022 even as the pandemic-induced restrictions of the previous two years were relaxed and businesses went back to full-time operations.

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