波士顿咨询&Foxmont：2025年菲律宾风险投资报告（英文版）

2024 marked a record-breaking year for deal flow in the Philippines, reflecting the continued maturation of the country’s startup ecosystem. While 2023 saw an increase in smaller-ticket deals that drove overall deal volume, 2024 had a larger share of growth-stage investments alongside steady deal flow across all quarters. Early-stage deals remained strong, showcasing a promising pipeline of fresh startups, but later-stage investments also gained traction as investor confidence deepened. While