Upmin is a technology company.
Upmin has raised $5.0M across 1 funding round.
Upmin has raised $5.0M in total across 1 funding round.
UPMin refers to the University of the Philippines Mindanao (UP Mindanao), a public university campus in the Philippines focused on research, innovation, and technology transfer rather than a standalone technology company. Through its Technology Transfer and Business Development Office (TTBDO), UPMin manages intellectual property protection, commercialization of university technologies, and incubation of startups, having supported 30 startups, launched nine ventures, and raised over 12 million pesos in equity-free funding since 2018[1][3]. It serves innovators, entrepreneurs, and industries by bridging academic R&D with market applications, addressing gaps in the Davao Region's startup ecosystem via programs like the UPMin Technology Business Incubator (TBI) and proposals for the Knowledge, Innovation, Science, and Technology (KIST) Park[1][3].
Established as part of the University of the Philippines System, UP Mindanao has evolved into a hub for applied R&D and innovation in southern Philippines, with its TTBDO playing a central role in technology commercialization[3]. Key figures include Asst. Prof. Miguel Carlo Guillermo, head of TTBDO, who leads efforts in incubating startups and pitching projects like the KIST Park masterplan to funders such as the Asian Development Bank (ADB) and Department of Trade and Industry (DTI) as part of the PRISTINE program in January 2024[1][4]. Pivotal moments include incubating 30 startups since 2018, recent awards like Community Partner at Davao Startup Week in 2025, and ongoing proposals for pilot plants in lactic acid, food processing, and biopolymers, aligning with the Philippine Development Plan 2023-2028[1][3].
UPMin rides the wave of Southeast Asia's innovation ecosystem growth, particularly in applied R&D for agribusiness, biotech, and sustainable materials, aligning with national plans like PRISTINE and the Philippine Development Plan 2023-2028[1]. Timing is ideal amid ADB funding for infrastructure and Davao Region's push for startup hubs, countering urban concentration in Manila by decentralizing tech development[1][3]. It influences the ecosystem by commercializing university tech, partnering with government and industry, and building local capacity—evident in pitches for KIST Park pilot plants that could spur biopolymer and food processing industries[1][4].
UPMin's trajectory points toward expanded R&D facilities like KIST Park if ADB funding materializes, amplifying its role in biotech and agrotech amid rising demand for sustainable innovation in the Philippines[1]. Trends like government-backed PRISTINE programs and regional startup growth will shape its path, potentially evolving it into a full-fledged science park influencing Davao’s tech scene[1][3]. Strengthening cybersecurity post-2025 incident positions it for secure scaling, tying back to its core strength in humanizing tech transfer from academia to real-world impact[5].
Upmin has raised $5.0M in total across 1 funding round.
Upmin's investors include ARCH Venture Partners, Khosla Ventures, Presight Capital, PSG.
Upmin has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $5.0M Seed | ARCH Venture Partners, Khosla Ventures, Presight Capital, PSG |