Last updated
3cat: Capital Raising
3cat raised US$4 million in Series A funding led by Foxmont Capital Partners with participation from Asian Development Bank and Golden Gate Ventures. ADB committed an additional US$2.8 million for future funding rounds. Funding will be used to expand from Malaysia into the Philippines.
Source: e27
- What happened
- 3cat raised US$4 million in Series A funding led by Foxmont Capital Partners with participation from Asian Development Bank and Golden Gate Ventures. ADB committed an additional US$2.8 million for future funding rounds. Funding will be used to expand from Malaysia into the Philippines.
- Who
- 3cat · Philippines
- When
- 2026-09-23
- Source
- e27
- So what
- 3cat's raise resets the leadership agenda more than the balance sheet.
The leadership read
3cat's raise resets the leadership agenda more than the balance sheet. Capital into the sector buys room to build senior operating and commercial bench strength ahead of scale. The near-term tilt favours operators who have scaled before; the appointments that follow say more than the announcement did across Asia.
Market context: MitchelLake's Talent Market Index sits at 122.7 (Hot), up 17.8 on the prior month; Asia hiring signal is running rising (+8.2pts).
3cat: 1 signal in the last 90 days.
MitchelLake in this thematic
From the MitchelLake archive
More signals across Asia
Capital Raising · Asia
주빅 (JUVIC) →Microneedle drug-delivery firm JUVIC was selected for the 2026 Scale-up TIPS specialised track, backed by TIPS operator T Investment. The project totals 4 billion KRW, including a 3 billion KRW government grant, to fund non-clinical development and sterile mass-production scale-up.
Capital Raising · Asia
Blue Whale →Battery startup Blue Whale raised a $4m seed round backed by Wavemaker and ADB Ventures. It is building a network of batteries across Singapore to free up grid capacity.
Capital Raising · Asia
The Pant Project →Indian menswear D2C brand The Pant Project raised ₹109 Cr (about $11.5 Mn) in a Series B led by Mirae Asset Venture Investments, plus venture debt from Alteria Capital, to expand its offline store network from 25 to 150 over two to three years and broaden its menswear portfolio.
“The Pant Project started as a digital-first brand. That foundation gave us the data, the product knowledge and the brand equity to now go deep offline”
Capital Raising · Asia
Hunger Pangs Pvt Ltd →Parent of Burma Burma filed a DRHP with SEBI for an IPO comprising a fresh issue of up to ₹150 Cr plus an offer for sale of up to 2.8 Cr shares.
Capital Raising · Asia
Salmon Group →Philippine fintech Salmon Group secured $140m in financing, earmarked for expanding lending and launching motorcycle and MSME loan products in the Philippines.
Capital Raising · Asia
IIFL Finance →IIFL Finance plans to raise INR 2,500-5,000 crore by selling a minority stake, with promoters possibly subscribing to warrants to limit dilution. Reports also say Fairfax Financial Holdings is likely to sell its stake due to regulatory norms.
Where this lands in our work
- Executive Search →
Capital raised becomes leadership hired — the executive build follows the announcement.
- Scale-up →
Each doubling of the team forces a new leadership layer — the graduation pattern.
- Executive Search: Asia →
Our Asia practice runs the searches behind signals like this one.
Intelligence powered by Autonodal ↗
Nearby in the record