Lhoopa raises $80 million in a funding round co-led by IFC and Wavemaker Partners
07/16/24, 8:15 AM
Location
pasigMoney raised
$80 million
Industry
real estate
Investors
Lendable, Us International Development Finance Corporation, Asian Development Bank, Tekton Ventures, Patamar Capital, Ron Hose, Black Kite Capital, Steve Melhuish, Nata Rock Partners Fund, Mirath Investments, Concentric Equity Partners, 10 X Group, Pavilion Capital, Wavemaker Partners, World Bank’s International Finance Corporation
Lhoopa, a prop tech company focused on affordable housing in emerging markets, has raised $80 million in its latest funding round, with $20 million raised in equity. The round also facilitated the commitment of $60 million in debt facilities. The new capital will support its expansion within the Philippines and into other emerging markets, enhance its technology capabilities, and launch green housing options.
Company Info
Location
pasig, national capital region, philippines
Additional Info
Lhoopa is a prop tech company that focuses on developing affordable housing in emerging markets, leveraging data and technology. The company was founded in 2018 and aims to address the affordable housing backlog in the Philippines and other emerging markets by providing profitable and impactful solutions.