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Singapore start-up enters Philippines market


Singapore start-up enters Philippines market
February 19, 2021 | 5:57 pm
The Ayala Corp. fund for startups will inject $2 million into internet distribution technology from a Singapore-based company, venture capital firm Kickstart Ventures Inc. announced on Friday.
Kickstart manages the $180-million fund under the Ayala Corporation Technology Innovation Venture (ACTIVE) from Ayala Corp., its subsidiaries, Bank of the Philippine Islands, and Kickstart parent Globe Telecom.
The first publicly announced investment under this program will go to Trancelestial Technologies, which plans to use its Centauri device to create a wireless internet distribution network in the country.
“Transcelestial aims to work with Philippine telcos among others to provide a solution to the daunting industry challenge of putting up cell sites,” Kickstart said in a press release. ....

Philippine Islands , Philippines General , Jeninap Iba , Minette Navarrete , Ayala Corp , Ayala Corporation Technology Innovation Venture , Kickstart Ventures Inc , Globe Telecom , Kickstart Ventures , Trancelestial Technologies , President Minette Navarrete , பிலிப்பைன் தீவுகள் , பிலிப்பைன்ஸ் ஜநரல் , மினெட் நவற்ரேட்டே , அயலா கார்ப் , அயலா நிறுவனம் தொழில்நுட்பம் கண்டுபிடிப்பு துணிகர , கிக்‌ஸ்டார்ட் முயற்சிகள் இன்க் , பூகோளம் தொலை தொடர்பு , கிக்‌ஸ்டார்ட் முயற்சிகள் , ப்ரெஸிடெஂட் மினெட் நவற்ரேட்டே ,

SG's Transcelestial enters Philippine market with $2-M investment


By TED CORDERO, GMA News
Published February 19, 2021 11:34am
Singapore-based technology startup Transcelestial Technologies is entering the Philippine market with a $2-million investment it secured from an Ayala-led venture capital fund.
In a statement on Friday, Transcelestial said it aims to work with Philippine telcos to provide a solution to the daunting industry challenge of putting up cell sites.
The tech firm will be offering its proprietary device, CENTAURI a shoebox-sized device weighing less than 3 kilos capable of delivering fiber-like speeds to customers at fraction of the cost of traditional fiber.
Transcelestial said CENTAURI, is a mass-produced network device which leverages the company’s proprietary Wireless Laser Communication Technology to create a wireless distribution network between buildings, traditional cell towers, street-level poles and other physical infrastructure. ....

Rohit Jha , Minette Navarrete , Ayala Corporation Technology Innovation Venture , Wireless Laser Communication Technology , Ac Energy , Globe Telecom , Transcelestial Technologies , Sg Based Transcelestial Technology , ரோஹித் ஜா , மினெட் நவற்ரேட்டே , அயலா நிறுவனம் தொழில்நுட்பம் கண்டுபிடிப்பு துணிகர , வயர்லெஸ் லேசர் தொடர்பு தொழில்நுட்பம் , பூகோளம் தொலை தொடர்பு ,