AHG Lab raises $4M to empower startup ecosystem

AHG Lab, the largest independent venture builder in the Philippines, has secured a total of $4 million in Pre-Series A funding aimed at fueling the growth of the venture builder, its portfolio of ventures and programs, and the wider startup ecosystem.

AHG Lab Chief Executive Officer Rene Cuartero revealed ambitious plans upon closing the investment round: "The funds raised will bolster our venture-building efforts by strengthening our operational, strategic and funding support for our [over] 10 startups, [and] with more in the pipeline being incubated as we expand to more verticals and geographies.