Lhoopa Secures $80 Million in New Funding Round

Tuesday, 16 July 2024, 08:16

Lhoopa, a prominent proptech firm in the Philippines, has successfully secured $80 million in a recent funding round, which combines both equity and debt. This significant capital injection is expected to bolster Lhoopa's growth and innovation within the real estate technology sector. The funding highlights the increasing investor confidence in the Philippine proptech landscape, reflecting broader trends in real estate technology investments across Southeast Asia.
Technode
Lhoopa Secures $80 Million in New Funding Round

Lhoopa Secures Major Funding

Lhoopa, the Philippine proptech company, has announced the completion of its $80 million funding round, which includes a combination of equity and debt.

Significance of the Funding

  • This funding round marks a significant milestone for the company.
  • The raised capital will support the company's growth and innovation within the real estate technology sector.
  • It reflects a growing investor confidence in the Philippine real estate market.

Conclusion

The successful funding round of Lhoopa underlines the evolving landscape of the proptech industry in the Philippines and indicates promising opportunities for investors looking into Southeast Asian markets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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