Philippine tech startup CloudSwyft has raised an undisclosed amount from IT distribution firm WSI Group while property-technology unicorn Revolution Precrafted has entered Zimbabwe, its first market in Africa.
Tech firm CloudSwyft secures funding from WSI Group
CloudSwyft, a technology skills-focused learning platform firm based in the Philippines, has announced raising an undisclosed amount from WSI Group, one of the largest IT distribution firms in the country, to support its market expansion across the Asia Pacific.
The firm offers an IT-Labs-as-a-Service platform that allows companies to create and manage IT training and assessments, among others. It also offers verified certificates for industry credentials that can be used by students or employees, in partnership with tech giants such as Microsoft. It generates revenue through platform subscription, as well as certificate vouchers.
Founded in 2015 by Dann Angelo De Guzman, CloudSwyft had raised $736,000 from Future Now Ventures, one of the most active Australia- and Philippine-based venture capital firms in 2015 and 2016.
In a statement, the company said the investment from WSI will help kick-start its market expansion across the Asia-Pacific region.
“We have been pretty silent about our progress because we have been focused on bringing results. Now this is where we are heading and we are just getting started,” De Guzman said.
Proptech unicorn Revolution Precrafted enters Zimbabwe
Philippine-based unicorn property technology (proptech) startup Revolution Precrafted continues its worldwide expansion mode, this time sealing a deal to build prefabricated medical pop-up structures in Zimbabwe.
Zimbabwe is the first African market for the prefab firm and its 25th globally.
In a statement, the company said it has signed a non-exclusive dealership agreement with Zimbabwe-based investment firm African Tsaleach Private Limited to produce modular medical pop-ups.
Revolution Precrafted said African Tsaleach requested for an initial order of six industrial-type medical office facilities measuring at least 1,000 square metres each.
These units will be converted to clinics and consultation centres to be stationed in Bulawayo, the second largest city in the country with a population of nearly 700,000.
“In our own little way, we hope that through these medical pop-ups, we can help improve the delivery of medical services in Zimbabwe,” said Robbie Antonio, Founder and CEO of Revolution Precrafted.