About Philab
Philab is a company based in Taguig (Philippines) founded in 1959, and was acquired by iRipple in December 2016. Life science equipment and diagnostic services are provided. Philab has completed 1 acquisition, including Sydenham Laboratories. Its chief executive, as recorded, is Hector Navasero.
Company details
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.
- Headquarters Taguig, Philippines
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website philab.com
- Social LinkedIn
- Acquired by iRipple (Dec 2016)
- Latest Funding Round$8.02M (USD), Debt – Venture
Jan 2017
- InvestorsAltus Capital Partners
& 1 more
- Investments & Acquisitions
- Acquired byiRipple
(Dec 2016)
Funding Insights of Philab
- Total Rounds 1
- Last Round Debt – Venture — $8.02M
- First Round $8.02M
(Jan 2017)
- Investors Count 1
All 1 funding rounds of Philab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $8.02M | Debt – Venture | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on acquisitions | 2003 | altuscapitalpartners.com | Wilton, United States | |
Cloud-based POS solutions are delivered for offline retailers. | 2000 | iripple.com | Pasig, Philippines |
Investor details for Philab
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Philab
1 people are tracked at Philab (1 in leadership).
| Name | Role | Group |
|---|---|---|
Hector Navasero | Chairman & CEO | Leadership |
Complete people profiles for Philab
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Philab
Philab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sydenham Laboratories.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pharmaceutical drugs are manufactured by Sydenham Laboratories in the Philippines. | sydenhamlab.com | Dasmarinas, Philippines | 1971 | Dec 2017 | •••• |
Complete acquisition details for Philab
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Philab
4 dated milestones of Philab across 58 years, from founding to its latest funding, stage changes and deals.
- Founded Philab is founded.
- Exit Acquired by iRipple.
- Funding First funding round of $8.0M.
- Acquisition Acquires Sydenham Laboratories.
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Frequently Asked Questions about Philab
Philab was founded in 1959 and raised its 1st funding round 58 years after it was founded.
Philab is headquartered in Taguig, Philippines. It is registered at Taguig, National Capital Region, Philippines.
Hector Navasero is the CEO of Philab, as recorded in our data.
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.
Philab has made 1 acquisition, including Sydenham Laboratories.
Philab has 2 investors. Key investors include Altus Capital Partners, and iRipple.
Yes. Philab was acquired by iRipple in December 2016.