By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Philippine Car-Sharing Startup DOON Secures $1.5M Pre-Seed Funding
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
VC

Philippine Car-Sharing Startup DOON Secures $1.5M Pre-Seed Funding

Rary Maharani
Last updated: September 30, 2024 11:08 pm
Rary Maharani
Share
1 Min Read
SHARE
  • DOON raises $1.5M pre-seed
  • The Philippine car-sharing startup targets web and mobile platform development
  • International investors show interest

Contents
Riding the Wave of InnovationCollaborative Efforts Fuel ProgressGearing Up for Expansion

Riding the Wave of Innovation

DOON, a peer-to-peer car-sharing platform based in the Philippines, has successfully raised $1.5 million in pre-seed funding.

This financial boost combines both debt and equity components, setting the stage for significant growth in the Southeast Asian market.

Collaborative Efforts Fuel Progress

AHG Lab, a venture studio, played a pivotal role in DOON’s initial funding. The studio will continue its support by contributing to technology development and financial strategies.

Esquire Financing provided a debt facility of up to $1 million, also participating in the equity round.

Gearing Up for Expansion

The remaining $500,000 in equity came from angel investors and family offices across the Philippines, Singapore, and Taiwan.

DOON plans to allocate these funds towards developing its web marketplace and enhancing its mobile car-sharing platform, aiming to revolutionize transportation in the region.

To read the original article: https://www.techinasia.com/news/philippines-doon-15m-enhance-carsharing-platform

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article TikTok Abandons Music Streaming Ambitions, Shutters TikTok Music
Next Article Zuckerberg: True Tech Companies Need Technical Leadership

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Crypto & Web3

Singapore Web3 Ad Platform Linkko Raises Funding for Targeting

February 12, 2024
AI

North Korean Cyberspies: The Remote Work Infiltration Game

December 4, 2024
Food techSocial Media

Uber Eats Introduces TikTok-Style Video Feed to Enhance User Experience

April 12, 2024
CultureSocial Media

Stanly Secures $8M to Connect Fans with Their Favorite Celebrities

June 18, 2024
FintechStartups

Tally Bows Out – A16z-Backed Fintech Calls It Quits

August 16, 2024
AgTechHardware

Agricultural Drone Firm Avirtech Enmeshed in Post-Acquisition Disputes

February 12, 2024
FAANG

Alexa Unveils Generative AI Personas, Music, and Games at CES

February 12, 2024
Mobility

BluSmart Charges Up With $24 Million to Power India’s EV Infrastructure

February 12, 2024
AIStrategy

You Should Be Playing with GPTs at Work

March 5, 2024
e-CommerceLogistics

GoTo Waves Goodbye to Tokopedia Logistics Arm

May 6, 2024
Fintech

Sunday Strengthens Southeast Asian Presence through KSK Insurance Indonesia Acquisition

March 12, 2024
Social Media

Discord Lays Off 170 Employees, 17% of Staff, Due to ‘Over-Hiring’

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?