Building a startup is no easy feat. From funding gaps to limited networking opportunities, many founders struggle to gain the momentum needed to scale. The recent Q3 Pitch Night, organized by the Manila Angel Investors Network (MAIN) and sponsored by Investible, addressed these pain points head-on, offering startups actionable solutions to their challenges while connecting them with over 120 angel investors.
Startup obstacles and solutions:
1. Struggling with Funding?
For startups, securing funding is often the biggest hurdle. MAIN invests in early-stage companies during pre-seed, Seed, and Series A rounds, focusing on sectors like financial inclusion, employment, and education.
Solution: At events like Pitch Night, founders receive direct exposure to investors eager to fund businesses with transformative potential. MAIN doesn’t just provide capital—they also offer mentorship to guide startups through their growth journey.
2. Lacking Exposure to Investors?
Pitching to the right investors can be a game-changer. However, not all founders have access to a robust network.
Solution: MAIN’s Pitch Night isn’t a competition—it’s a platform. Through five-minute presentations, startups gain visibility among the Philippines’ most prominent angel investors. Whether you’re pitching an AI safety solution like Relyon or innovating in waste management like Rezbin, MAIN ensures your voice is heard.
3. Need to Build Investor Trust?
Building investor confidence requires more than a good idea; it demands credibility and alignment with impactful goals.
Solution: MAIN focuses on startups with high-growth potential and social impact. Past funded ventures include successful startups like Kumu, FlowerStore.ph, and Booky. By aligning your startup’s mission with MAIN’s focus areas, you position yourself for meaningful partnerships.
4. Want to Close the Gender Gap?
Female founders often face additional hurdles in the investment space. MAIN recognizes this gap and actively seeks to bridge it.
Solution: -led startups and engaging more women investors. Initiatives like these not only promote equality but also unlock untapped market potential.
Startup Highlights from Q3 Pitch Night
1. Relyon: Making personal safety accessible with AI.
2. Rezbin: Turning waste disposal into an eco-friendly habit.
3. Auntie: Revolutionizing matchmaking with a family-driven approach.
4. Seeds: Gamifying financial literacy to empower communities.
Why MAIN Matters
MAIN isn’t just an investor network; it’s a catalyst for change in the Philippine startup ecosystem. By addressing pain points like funding, visibility, and mentorship, MAIN ensures startups can focus on what matters most: innovation and impact.
Call to Action
Are you a startup founder seeking funding or mentorship? Or an investor looking to back the next big idea? Your Ledger encourages you to connect with MAIN and become part of a thriving ecosystem driving the future of innovation in the Philippines.
Stay tuned to get fresh updates on the Philippines fintech scene.
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Source:
Francisco, Christian. (2024, July 26). Manila Angel Investor Network showcases 4 promising tech startups in 3Q Pitch Night. The Independent Investor. https://theindependentinvestor.ph/manila-angel-investors-network-showcases-4-promising-tech-startups-in-q3-pitch-night/