GMA Network, the Philippines’ leading media network, through GMA Ventures, its wholly-owned investment arm, is partnering with Wavemaker Three-Sixty Health , a leading venture fund based in the United States focused on early-stage healthcare disruptors, to advance health-tech in the region.
“We believe this unique partnership will forge a strong pathway of success for healthcare technology startups in the Philippines and essentially bridge the nearly 10,000-mile healthcare gap between the two countries,” said Jay Goss, General Partner of Wavemaker 360. “The health-tech industry is starting to boom in the Philippines and there’s a growing need for new ideas, innovative companies and business leaders who want to make an impact.
“Our partnership with Wavemaker 360 will allow us to enter a hugely profitable segment of healthcare,” said Atty. Felipe L. Gozon, Chairman and CEO of GMA Network and GMA Ventures. “The Philippines is on an upward trajectory in terms of healthcare innovation, and we are thrilled to have Wavemaker’s team of healthcare experts as our partner in evaluating and funding budding startups at the intersection of healthcare and technology.