By Mars Woo
The Israeli startup 3DSignals pioneers acoustics-AI for industrial machines.
Following the deal, ADB and the Indian PE firm will hold 20.28 per cent stake in Phinma Education.
KMC said the undisclosed amount of investment from AIGF will help the company achieve its growth plan.
Coins.ph is a blockchain-enabled mobile wallet startup in the Philippines backed by Indonesia’s ride-hailing giant Go-Jek.
Ascent Flights Global Pte is starting the service in the Philippines next week and plans to expand to Thailand, Indonesia and Malaysia by next year.
The funding comes two years after the firm raised at least $1 million in a seed round led by Tokyo-based venture capital firm Infinity Ventures.
Mynt is racing against ride-hailing services Grab and Tencent Holdings Ltd.-backed Voyager to tap a fledgling Philippine payments market.
Holcim Philippines Inc. has also attracted interest from China Resources Cement Holdings Ltd. and Hongshi Group Co.
Go-Jek had hoped to take on Singapore-based Grab which is the dominant player in the Philippines ride-hailing sector.
The startup has raised funding from fintech-focused venture capital firm Sage and venture lab Talino Labs.