Archipelago Labs spotlights five startups at ALAB’s debut demo day

POPULAR POST Marks 10th Anniversary with 10% Rewards on USDC

To celebrate’s 10th year as the Philippines' leading crypto platform, the exchange is giving users 10% rewards on USDC this February under its...

No NFT, No Entry – How Stanible got into...

Editor's Note: This is an op-ed from Stanible founder Harry Santos on the trials and tribulations of onboarding the general public and making them...

Empowering the Future: Web3PH Hosts Gathering for Tech Leaders

 In a groundbreaking initiative to propel the nation into the digital forefront, Web3PH, in collaboration with the Department of Information and Communications Technology (DICT)...

Superteam Philippines Accelerates Web3 Journey with Grand Launch Event

Superteam, the distributed talent layer of the Solana Ecosystem, officially launches its operations in the Philippines with a dynamic event at the Marquis Events...

Filipino gamers can win exciting rewards from Aura and...

Filipino gamers are offered fun and unique opportunities as Singapore-based Web3 gaming platform Aura has partnered with Web3 game The Red Village. Aura, the exclusive...

Web3 focused Metasports.GG holds industry screening for ‘GG The...

GG The Movie revolves around Seth, an aspiring professional esports player, who navigates the Philippine stigma and challenges in trying to achieve that goal.

Archipelago Labs (A-Labs), a startup accelerator, showcased five tech startups during its ALAB Incubation Program’s inaugural demo day. These startups, handpicked from over 100 applicants nationwide, showcased their novel products and solutions, highlighting their potential to reshape the tech landscape in the Philippines.

A-Labs: Nurturing Filipino Tech Innovations

Founded by the Philippine Digital Assets Exchange (PDAX), Magellan Digital Investment Group (MDIG), and Oak Drive Ventures Inc. (ODVI), A-Labs is dedicated to incubating and investing in the country’s most promising early-stage tech startups. By offering support at a crucial early stage, A-Labs aims to significantly enhance startups’ chances of success. Their comprehensive approach includes investments, advisory services, and structured programs tailored to each startup’s unique needs.

Empowering startups

The inaugural cohort of the ALAB Incubation Program includes:

  1. Synthillate: A fintech venture that transforms intellectual properties into tangible financial assets.
  2. Ridge: An AI-driven platform tailored for the food and beverage sector, offering advanced analytics for operational efficiency and profit maximization.
  3. Gamer Points: An integrated game platform with ad tech, enabling gamers to earn passively as they play.
  4. Nexhire: A talent marketplace that bridges individuals with the rising demand for next-gen job opportunities.
  5. Twine: A decentralized, AI-powered social platform that lets users monetize their personalities and control their social interactions.

Each startup stands to gain up to Php1 million in funding from A-Labs and its investor network. Additionally, they receive exclusive membership to the A-Labs Collective, connecting them with a vibrant community of tech entrepreneurs, operators, and investors.

A 12-Week Journey to Demo Day

Demo Day, where each of the five startups presented their ventures to an audience of over 50 investors, marked the end of a rigorous 12-week program where startups benefited from A-Labs’ mentorship, expert advisory, open office sessions, and networking opportunities. These resources were instrumental in refining their business models and strategies.

Lance Pormarejo, Executive Director of A-Labs, expressed the organization’s commitment to nurturing Filipino tech talent. “By equipping tech entrepreneurs with essential resources, guidance, and funding, we aim to foster innovations that will define the future of our local tech scene,” he said.

With the successful conclusion of the ALAB Incubation Program’s first cohort, A-Labs is now accepting applications for its second cohort.

Subscribe to our newsletter

Its easy to be smart about crypto, allow us to send you weekly updates on digital assets, crypto, NFTs and fintech.