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Manila

Metro area · Philippines · Pop. 13.5M

A public taster of the full Manila ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

180 Pool of Funded Startups

New Startups

90 Annual Startups FoundedAll new ventures

25 Annual Startups FundedReceived investment

get funded 28%

150Startups

67 Pre-Seed Startups$100K–1M

54 Seed Startups$1–4M

29 Series A Startups$4–15M

Seed to Series A 30%

25Breakouts

13 Series B Breakouts$15–40M

12 Series C Breakouts$40–100M

5Scaleups

3 Mega Scaleups$100–250M

reach Mega 1.7%

2 Mega+ Scaleups$250M+

reach Mega+ 1.1%

2Valuation Outcomes

2 Unicorns($1–10B valuation)

reach Unicorn 1.1%

Pre-Seed

Seed

Series A

Series B

Series C

Unicorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Quarterly report

Manila's latest quarter in venture capital

VC raised by Manila-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in Manila

A live treemap of the largest VC rounds. Each cell is one round into Manila-headquartered companies, grouped by Dealroom sector.

Largest rounds in Manila - 2026

Every $15M+ VC round into Manila-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Manila

VC investment into Manila-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Manila's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Manila.

University-linked startup formation

University spinouts

Total alumni-founded companies

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Manila stacks up

Compare Manila with peers from the same country (Philippines) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$37.5B

$32.5B

$31.5B

$29.6B

$29.4B

$28.7B