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Kaya Founders hits second close of latest funds at 1 billion pesos

    • Kaya will invest in 30 to 40 early-stage startups in the Philippines and South-east Asia over the next four years via the new funds.
    • Kaya will invest in 30 to 40 early-stage startups in the Philippines and South-east Asia over the next four years via the new funds. PHOTO: PIXABAY

    Lokesh Choudhary

    Published Wed, Mar 20, 2024 · 09:43 AM

    PHILIPPINES-BASED venture capital firm Kaya Founders secured a total of one billion pesos (S$24 million) as of the second close of its two latest funds, bringing its total assets under management to roughly US$22.5 million.

    Pavilion Capital and Concentric Equity Partners as well as Gabriel and Geraldine Sunshine of Boston-based hedge fund Bracebridge Capital participated in the round.

    Kaya will invest in 30 to 40 early-stage startups in the Philippines and South-east Asia over the next four years via the new funds, which are called Zero to One and One to Ten.

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    Venture capitalFundraisingPhilippinesTech in Asia

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