SL Startup Ecosystem Secures $160,000 Funding! 🚀
• Three top startups secured a combined funding of US$ 160,000 at the recently concluded First Capital Startup Nation by Hatch Demo Day (Oct 1, 2025).
• The winning startups, chosen from seven finalists, were: TorchLabs, Seashore Gardens, and Docupath AI.
• The event highlighted the depth of Sri Lanka’s entrepreneurial talent and its growing ICT/BPM sector, with the ecosystem being described as a "nimble testbed" for South and Southeast Asia.
• Hatch's efforts to build the "Startup Nation" were noted, including securing an additional US$ 2 Million from investors like Draper, existing investors, and GrowValley.
• Strategic Partner Port City Colombo was emphasized as a Special Economic Zone (SEZ) providing an investor-friendly environment to attract foreign funding, enabling local startups to scale globally and retain talent.