Agriculture is an important sector in the Philippines employing around 30% of the country’s labor force and contributing around 9% to the country’s GDP. However, the sector has been facing several challenges in recent years.
Among the major challenges of the agriculture sector in the country is l
Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace.
Singapore-based insurtech Igloo has on Tuesday announced that it has successfully raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million. The initial Series B capital raise of $19 million in March this year was led by Cathay Innovation, with further investments from ACA and other existing investors including OpenSpace.