In today’s briefing:
- Philippine Agritech Firm Rakes in $1.7m in Seed Money
- Cybersecurity Firm Blackpanda Closes US$15M Series A to Deepen Its Asia Presence
Philippine Agritech Firm Rakes in $1.7m in Seed Money
- Agriculture – including forestry and fisheries – is one of the most important sectors in the Philippines.
- In 2021, it accounted for US$32.4 billion or 9.6% of the country’s gross domestic product and 24% of its working population.
In 2019, Mayani was established by several serial entrepreneurs to digitalize the system. The company provides a marketplace to connect farmers with individual and enterprise customers.
Cybersecurity Firm Blackpanda Closes US$15M Series A to Deepen Its Asia Presence
- Singapore-based cybersecurity firm Blackpanda, which specialises in incident response and digital forensics, has secured US$15 million in its Series A funding round.
- The company will use the capital to expand its technology-enabled cybersecurity services, including digital forensics and incident response.
- It will also develop its underlying Artificial Intelligence and Machine Learning cybersecurity insurtech platform.
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