Participated · Series A · Sep 2025

Nibertex develops PFAS-free waterproof and breathable textile membranes using a proprietary electrospinning (nanospinning) process designed for large-scale production. Its membranes are described as ultra-soft, silent, stretchable and engineered to integrate into textiles for apparel, healthcare, industrial and consumer applications. The company says its product can replace PFAS-based membranes without compromising performance, positioning it against global membrane players. Nibertex cites early commercial success and cost-effective manufacturing capabilities in the Philippines. Regulatory pressure and accelerating PFAS bans across the U.S., EU and Asia–Pacific are creating growing demand for its alternatives. With the new capital, it plans to expand Philippine manufacturing capacity, accelerate R&D into applications beyond apparel, and deepen partnerships with global brands. Nibertex is a deep-tech company that develops PFAS-free electrospun polyurethane (ePU) nanofiber membranes that deliver waterproofing and breathability for textiles. The company operates two state-of-the-art manufacturing plants in the Philippines and has pioneered scalable production of PFAS-free membranes to meet global demand. Nibertex reports a surge in orders from global textile brands and traction in high-value sectors such as firefighter fabrics and professional applications. The firm plans to deploy new funding to ramp production capacity, scale production lines at its second facility, and expand R&D efforts for professional textiles and emerging applications including mattresses, automotive, healthcare, and PPE. Leadership (co-founder Jaemin Park) said the funding will accelerate production to meet growing client needs across multiple industries. Nibertex was founded in 2019 and positions its technology as a sustainable alternative ahead of tightening PFAS regulations in markets like the EU, California, and New York.

Led · Seed · Jan 2024

Toki is a collectibles social e-commerce platform that enables collectors to purchase sneakers, sports cards, Funko figures, and LEGO bricks. The platform also provides livestream auction services for its community of collectors. Toki announced a $1.8M Pre-seed financing in January 2024. The round was co-led by Kaya Founders and Foxmont Capital Partners, with participation from strategic investors. The article does not disclose operating metrics or detailed use of proceeds. Coverage of the fundraise appeared on DoNews.

Participated · Series A · Nov 2023

Etaily provides an end-to-end digital retail platform that supports marketplace operations, direct-to-consumer storefronts, social commerce, livestreaming, digital and affiliate marketing, studio production, and customer service for brands in Southeast Asia. Its proprietary commerce engine covers the full value chain from brand development to fulfillment and analytics, and the company has recently added livestreaming, affiliate, and short-form video capabilities. To date, Etaily has processed more than 40 million orders across Lazada, Shopee, TikTok Shop, and brand websites. The company is led by founder and CEO Alexander Friedhoff. Following its latest raise, Etaily’s total funding exceeds $24 million. Management plans to deploy the new capital to expand operations and accelerate product development, aiming to deepen its service offerings for both regional and international brands.

Led · Seed · Jun 2023

Shoppable Business operates a horizontal B2B e-commerce marketplace in the Philippines that helps businesses source branded products and services while verifying authenticity through a partnership with GS1 Philippines. The platform targets companies without dedicated procurement teams, manufacturers, distributors, and resellers, and offers product listings, seller storefronts, multiple payment options, logistics coordination, and BIR-certified sales invoicing. Sellers can use a shared product catalog to list items quickly and a Shoppable Direct program to migrate existing customers; the marketplace also waives fees for referred buyers. Buyers and sellers can access services including marketing, sales support, procurement outsourcing, financing and payment infrastructure. The startup was founded in 2022 and emphasizes product authenticity and official BIR-certified receipts to enable tax claims. Shoppable Business plans to use the funding to hire business development staff, build product features, and expand into Southeast Asian markets by the first half of 2024.

Participated · Equity · Mar 2022

SariSuki is a Philippine social commerce startup founded by former Grab Philippines president Brian Cu. The company operates in the social commerce space, connecting buyers and sellers through online social channels. According to regulatory filings cited in the article, SariSuki has raised about $12.7 million in fresh funding. The round was led by Kickstart Ventures. The article does not provide additional details on product specifics, revenue, user metrics, or future plans. Public regulatory filings were the source of the fundraising disclosure. SariSuki is a Manila-based social commerce and community group buying startup that sells daily essentials and groceries via a quick-commerce app. The app commits to delivering high-quality produce in under 15 minutes within its coverage areas. Founded in 2021, the company has served more than 60,000 consumers and grown its team to over 100 employees. In its latest round SariSuki raised US$7.1M, bringing total funding to US$10.5M in 2021. The company plans to use the funds to increase product assortment, build dark warehouses and expand geographically. Operating metrics reported in the article include the user count (>60,000) and employee headcount (100+).