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PH has 'healthy', growing startup ecosystem: Angel investor group

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ABS-CBN News

The Philippines&#x27; startup ecosystem has shown significant growth in the past few years, Manila Angel Investors Network executive director Quenby Go told ANC on Wednesday.In 2021 about $1 billion was invested in Philippine startups and in the first 2 months of 2022 $310 million was invested in the country, Go said.&quot;It has been said that the Philippine startup ecosystem is still at its infancy stage but recently we’ve seen more favorable demographic and economic indicators which I think is a healthy environment for startups right now,&quot; Go said,Fintech, media and entertainment are among the top startups in the country. There are also those focused on health technology, food technology and e-commerce, she said.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/02/05/22/business-mentor-grow-your-startup-with-these-marketing-strategies">Business Mentor: Grow your startup with these marketing strategies</a></li>	<li><a href="https://news.abs-cbn.com/business/11/27/21/how-to-keep-your-startup-afloat-in-its-first-year">Business Mentor: How to keep your startup afloat in its first year</a></li></ul>

The Philippines' startup ecosystem has shown significant growth in the past few years, Manila Angel Investors Network executive director Quenby Go told ANC.