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Philippines-based Toki Raises US$1.8M Pre-Seed Funding

Social Commerce platform designed to make buying and selling collectibles secure, enjoyable, and profitable, Toki has raised US$1.8M Pre-Seed Funding from Kaya Founders and Foxmont Capital Partners.

Social Commerce platform designed to make buying and selling collectibles secure, enjoyable, and profitable, Toki has raised US$1.8M Pre-Seed Funding from Kaya Founders and Foxmont Capital Partners.

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Included strategic investors like Ernest Cu (Globe), Brian Cu (SariSuki), and Anthony Oundjian (BGC Philippines). Renowned Southeast Asian toy, sneaker, and art collector Bigboy Cheng also came.

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Toki plans to increase its inventory and add new categories to the marketplace by scaling up. Toki intends to expand on its livestream-auction-platform and keep releasing new and inventive features to improve the experience of collectors.

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Zoe Ocampo, Co-Founder and CPO of Toki, said: “In countries like Thailand, Indonesia, and Vietnam, there’s a real appetite for platforms that not only offer reliable, secure trading but also bring the excitement of live stream auctions. We’re thrilled about stepping into this space and making a difference.”

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“Now that we are seeing traction, our primary goal is to establish ourselves as a reliable partner to Filipino collectors. We still need to keep on perfecting our solution to address the gaps that we have already identified in the market,” stated Frederic Levy, Co-Founder and CEO of Toki. “As we streamline, expand, and introduce more categories on our platform, we will also be assessing other markets to identify where collectors could benefit from our services. Most importantly, we are focused on understanding how to serve them in the most effective way.”

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“We believe that what Fred and his team are building at Toki can deliver something truly innovative to the social commerce category while servicing all forms of collectors across the region,” said Paulo Campos, Founding Managing General Partner at Kaya Partners.

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About Toki

Founded in 2023, Toki is the Philippines’ first collectible-focused social-commerce-platform. Buying and selling collectibles can often feel like navigating a complex labyrinth – juggling multiple apps or platforms for item discovery, negotiation, payment, and logistics, all while facing unclear processes and the constant risk of scams or receiving damaged items.

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Toki has created a smooth, secure, mobile-first marketplace, where every Seller and Item is verified. Instantly discover thousands of items and Buy-It-Now from Sellers-Shops, or bid for your favorites in Live-Auction-Shows.

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