About Philab
Philab is a company based in Taguig (Philippines) founded in 1959 was acquired by iRipple in December 2016.. Philab has completed 1 acquisition, including Sydenham Laboratories.
- Headquarter Taguig, Philippines
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$8.02 M (USD), Debt – Venture
Jan 19, 2017
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Investors
Altus Capital Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
iRipple
(Dec 21, 2016)
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Funding Insights of Philab
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Venture — $8.0M
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First Round
First Round
(19 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Debt – Venture - Philab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Philab
Philab has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Altus Capital Partners and iRipple. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Cloud-based POS solutions are delivered for offline retailers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Philab
Philab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sydenham Laboratories. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pharmaceutical drugs are manufactured by Sydenham Laboratories in the Philippines.
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1971 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Philab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Philab Comparisons
Competitors of Philab
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Philab
When was Philab founded?
Philab was founded in 1959 and raised its 1st funding round 58 years after it was founded.
Where is Philab located?
Philab is headquartered in Taguig, Philippines. It is registered at Taguig, National Capital Region, Philippines.
Who is the current CEO of Philab?
Hector Navasero is the current CEO of Philab.
What does Philab do?
Philab was founded in 1959 and is headquartered in Taguig, Philippines. Operations focus on the life sciences sector, where in vitro diagnostics tools such as the LABit Dx Dengue NS1 Ag and POCT machines are supplied. Services include screening tests for cancer and cardiovascular diseases, supporting healthcare applications in the region.
How many acquisitions has Philab made?
Philab has made 1 acquisition, including Sydenham Laboratories.
Who are Philab's investors?
Philab has 2 investors. Key investors include Altus Capital Partners, and iRipple.