Loading organizations...
PLDT Capital serves as the corporate investment arm for Philippine Long Distance Telephone, a leading telecommunications and digital services provider. It strategically invests in technology companies whose innovations align with its parent company’s goals in digital and connectivity sectors. The firm actively identifies and backs startups, fostering ecosystem innovation.
Formed in 2015, PLDT Capital originated from its parent, PLDT, a company with a rich history dating back to 1928. This establishment reflected an insight to proactively engage with and shape the evolving technological landscape, leveraging PLDT's deep industry presence. The initiative allowed the telecommunications giant to expand its influence and drive innovation beyond its core business.
PLDT Capital primarily supports early to growth-stage technology firms offering solutions that complement PLDT’s digital infrastructure and services. Its vision is to cultivate a portfolio of innovative businesses, advancing digital services and connectivity. This strengthens the Philippines' digital economy and extends PLDT's strategic reach within the global technology sphere.
PLDT Capital has 3 tracked investments across 3 companies. The latest tracked deal is $22.0M Series F in Phunware in October 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2016 | Phunware | $22.0M Series F | Khazanah Nasional Berhad, Pldt Capital, Wavemaker Partners | Baylor Angel Network, Central Texas Angel Network, FM Capital, Maxima Ventures, World Wrestling Entertainment |
| Mar 30, 2016 | MATRIXX Software | $5.0M Other Equity | Pldt Capital | — |
| Nov 14, 2015 | Hopscotch | $1.0M Other Equity | Pldt Capital | — |