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Prism+ obtains $45 million in VC funding, eyes Philippines as its next market

Lim Hui Jie
Lim Hui Jie • 3 min read
Prism+ obtains $45 million in VC funding, eyes Philippines as its next market
Prism+ is targeting more overseas markets even as it moves into selling home appliances, like air conditioners, on top of its TVs and monitors. Photo: The Edge Singapore/Samuel Isaac Chua
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Consumer electronics firm Prism+ has announced plans to enter the Philippine market after obtaining $45 million in institutional funding from VC firm TNB Aura.

This comes after the firm shifted from solely selling consumer electronics to also entering the smart home appliances space by selling its own line of smart air conditioners.

In a release, Prism+ says the funds will go to the development of new products and expansion into Southeast Asia.

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