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Healthtech firm Wavemaker 360 partners with GMA Network to expand into the Philippines

As devastating and destructive as COVID-19 was, there was also a silver lining: it led to massive disruption and opportunity, particularly in the healthcare space. Southeast Asia, and the Philippines specifically, are now seeing more integration of technology in the healthcare sector; the Philippines' healthcare budget increased 12% from 2019 to 2020, reaching PhP 895.88 billion, or $16.36 billion.

With that kind of growth, it's inevitable that investors in the US will start to take notice, including Wavemaker 360, a seed-stage venture fund based in the United States focused on early-stage healthcare companies.

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