Philippine B2B E-Commerce Startup Shoppable Raises Pre-Seed Funding From Foxmont, Seedstars

Shoppable Business, a Philippine B2B e-commerce startup, has raised $1.15 million in pre-seed funding in a round led by Manila-based Foxmont Capital Partners and Seedstars International Ventures in Geneva.

Founded in 2022, Shoppable has more than 1,400 suppliers and over 300 buyer companies on its platform. The startup says it is the only end-to-end B2B platform in the Philippines that provides e-commerce and procurement technology, marketing, sales support, procurement outsourcing, logistics, financing and payment infrastructure.