Kickstart Ventures, the corporate venturing unit of Philippines-based telecommunications company Globe Telecom, is set to raise the size of its investments in growth-stage companies to up to $5m, DealStreetAsia reported on Monday.
Founded in 2012, Kickstart has until now invested $30,000 at seed stage in return for a 15% stake, and then contributed between $100,000 and $500,000 to subsequent early-stage rounds. It recently received $50m from its parent company for its latest fund.
Kickstart focuses on the fintech, educational technology,…
