SILICON VALLEY — The Department of Trade and Industry (DTI) through the Philippine Trade and Investment Center (PTIC) – Silicon Valley, together with the Philippine Consulate General in San Francisco once again collaborated with US-based startup incubator, Dynamico Space, for a hybrid Demo Day participated by seven Filipino and two Latin American startups last July 7, 2023.
Demo Day is the third phase of the three-part series of Dynamico’s Mentorship Program in which participating startups pitch to investors from Silicon Valley.
Since 2022, PTIC Silicon Valley and Dynamico Space have been organizing a series of pitch nights with startups identified by Philippine incubators and the DTI – Technology Business Incubators (TBIs). The selected startups are then invited for a two-month, one-on-one session mentorship program, helping them shape their pitches, as well as refine their business models and product-market fit strategies.
Dynamico is a Filipino-American incubator and co-working space in San Francisco and has been steadfast in its purpose and advocacy to open up its network to Filipino startups, giving them the advantage to access the many opportunities and resources from the Silicon Valley Startup ecosystem.
PTIC Silicon Valley Trade Commissioner Celynne Layug commended Dynamico Space for the success of its first demo day.
“This event not only showcases the immense talent and ingenuity of our entrepreneurs in finding solutions to existing needs and gaps in the Philippines but also highlights the crucial role that Dynamico plays in connecting these startups with venture capitalists and investors from Silicon Valley. We believe that this platform will help catalyze growth and innovation in the Philippines as well as increase the potential for Philippine startups to scale to other markets,” said Layug.
In addition, Dynamico CEO JR Calanoc firmly believes in the potential of Filipino startups to create impactful solutions that can address local and global challenges.
“Through our platform, we aim to amplify their voices, help them gain visibility, and provide the necessary support and mentorship to scale their businesses. This is just the beginning, and we are excited to witness the growth and success of the startups that have participated in our first demo day,” said Calanoc.
Dynamico Space provides a nurturing environment by fostering an inclusive and supportive ecosystem for Filipino entrepreneurs – encouraging diversity, collaboration, and innovation. By leveraging the expertise and networks of the Silicon Valley startup ecosystem, Dynamico Space enables these startups to thrive and make a significant impact on both the local and global stage.
Startups from the Philippines and Latin America featured during the Demo Day include:
- Steer is the world’s most flexible construction management software powered by a proprietary no-code engine for developer-owners, project management consultants, and contractors.
- Jiph is a cross-border remittance platform to the Philippines that cuts the line with instant transfers through a mobile device.
- Mata Technologies, Inc. is a provider of virtual tours for real estate in the Philippines. It is also a virtual reality map provider of tourist destinations in the country with an AI supported itinerary builder.
- Unisol is a tech-driven startup with innovations to disrupt the uniform industry by providing a hassle-free user experience platform that will allow print shops and partners to accept uniform orders.
- Plantsville Health is a social enterprise aims at reviving the Philippine cinnamon industry by planting the trees for conservation, livelihood, health, and climate change mitigation.
- Cerebro provides ready-made digital lessons and quizzes for Philippine schools, reducing digital worksheets – to help teachers teach best.
- Olivia is an application that transforms receipts and invoices into reports and digital assets in seconds with high accuracy. It is scalable and it facilitates easy, secure data storage and retrieval.
- MindAid is a mental health technology cluster and crowdfunding platform designed to democratize access to community-based technologies and services.
- EoloPharma is a leading drug development and discovery platform focused on developing novel molecules to address non-communicable disorders such as cardiometabolic, neurodegenerative, and autoimmune disorders.
For more information about Dynamico Space and its initiatives, please visit www.dynamico.space
Link to the Demo Day: https://www.youtube.com/watch?v=XkS-UMKYSUI ♦
Date of Release: 15 August 2023