Lhoopa Secures US$80 Million in Equity and Debt to Reduce Affordable Housing Backlog in Southeast Asia
Investment to drive expansion and support strategic initiatives MANILA & SINGAPORE, 16 JULY 2024 – Lhoopa, the innovative proptech company revolutionizing affordable housing in emerging markets, today announced the successful completion of its US$80 million funding round. This is one of the biggest funding rounds by a startup in the Philippines to date, and one of the […]
Lhoopa: Solving SEA’s affordable housing crisis, one home at a time
It’s a story we often hear in emerging markets: people leaving rural areas for cities in search of a better life, only to find themselves in informal settlements with unsafe water, poorly built houses, and uncertain property rights. The problem isn’t that people don’t want to buy homes; it’s that there aren’t enough affordable ones […]
Creating enduring impact by solving real-world problems
If there was one undeniable truth that emerged this funding winter, it is the power of addressing real-world problems. Ventures that thrive during downturns and withstand cost cuts are the ones solving genuine pain points and delivering unmistakable value to their communities. At Wavemaker Partners, our investment thesis has always revolved around supporting entrepreneurs with unique […]