Smule co-founder Jeff SmithAs a foreign company, how do you grow in a hyper-local market such as Asia? Smule, a Silicon-valley headquartered karaoke app company, is one of the few that has made a mark in the region. According to Musical.ly, Smule not only has 40 million users globally but also...
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I once dreamt that I lived inside the belly of a Tyrannosaurus rex. Another dream about a haunted refrigerator that kept reappearing in my kitchen despite my repeated attempts to get rid of it makes me chuckle to this very day. And just last night, for reasons beyond my comprehension, I dreamt...
Maritime tech founders are more likely to find opportunities working with corporates: Dr Mark Lim of PIER71
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The ongoing COVID-19 pandemic has opened up unique opportunities across many different sectors, from e-commerce to health tech. Among these categories, one that is not discussed as often is the maritime industry. But before we dig deeper into the available opportunities for maritime tech players,...
In today’s edition of “Active Investors of the week”, we have Golden Equator Ventures , ExtraVallis, KDDI as our top three most active investors in our e27 Connect Program. The following are some details on who these investors are and what are their investment criterias: Golden Equator...
The story: Neuron Mobility, a Singapore headquartered rental electric scooter operator, has launched into Canada, after winning a contract to operate in Ottawa, in the coming month. More about the story: Neuron will be launching its safety-leading N3 e-scooters which electronically secures a...
The Fintech landscape in Southeast Asia has grown tremendously over the last 10 years. For one, Open Banking, which was initially perceived as a good-to-have, has now become essential due to many industry factors, such as a booming e-commerce industry and a large growth in cross-border business...
When it comes to finding the right people and ideas to invest in, visibility is everything. Remember that you are not alone in trying to land the hottest new emerging startups in your portfolio. If you want to become a true partner for innovation and earn the opportunity to catalyse the growth of...
Nano teamNano Technologies (Nano), a Vietnam-based fintech startup that allows workers access their wages immediately, has raised US$3 million in seed capital. Existing investors Golden Gate Ventures and Venturra Discovery led the round with participation from new investors FEBE Ventures,...
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Telkomsel injects US$300mn more into Gojek to further grow Indonesia’s digital lifestyle sector; The two firms will explore more opportunities to integrate their digital services, with the aim of delivering greater value to consumers, partners and businesses; Telkomsel had invested US$150mn in...
Disruption is a taboo word to many businesses and industries. But when used in the context of entrepreneurship, I don’t see it as something to fear, instead I see it as an opportunity. I would go further to say that if there are no changes in the ecosystem and disruption in business models, the...
Remember the good old days when you had to split the bill with friends using cash? That was a common sight in Singapore just a couple of years ago but so much has changed since then. Today, most of us go about our day without the need for our wallets. From digital banking to stocks investing,...
GROW, a Singaporean accelerator programme aimed at driving change in the global agrifood system, has unveiled the second cohort of its latest initiative, the Impact Accelerator. Out of the 10 selected startups, five hail from Southeast Asia. Set to run virtually, the programme will provide teams...
As of August 4th, 2020, Tesla shows a market cap of $280B. Volkswagen AG is worth $77B. Why is that? And what can we apply to real estate from these examples?Read the full...
(L-R) UglyFood General Manager Sean Goh and co-founders Augustine TanUglyFood, a food waste management company based in Singapore, is in discussion with three investors to raise its first round of seed financing of up to US$1 million, a top company executive told e27. The capital being raised...
impress.ai, a Singapore-based AI chatbot for hiring, has raised US$3 million in a pre-series A funding round led by Summit 29K. Seeds Capital, the investment arm of Enterprise Singapore, also participated in the round. This development was first reported by TechInAsia. The AI startup will use the...
In brief: Revere VC, Property Flow raise funding; Jim Rogers joins Life3 Biotech’s board of investors
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Jim Rogers (R) with Life3 Biotech founder and CEO Ricky LinRevere VC raises US$1.35M seed funding The full story: Revere VC, a San Francisco- and Hong Kong-based asset management firm, announced the close of US$1.35 million seed round, with participation from strategic equity investor...
Singapore may be a regional financial centre and expat haven but it is not the only choice. I believe Kuala Lumpur has many advantages that make it the best place in Asia to grow a technology company. At Juwai IQI, we believe in Kuala Lumpur so much that we chose to build our 1,000-person...
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Microsoft tries to evade scalpers by offering Xbox Series X and S to Xbox Insider members
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Photo by Vjeran Pavic / The VergeMicrosoft is introducing a new “Console Purchase Pilot” program that will give selected Xbox Insider members the chance to register to reserve an Xbox Series X or Series S console directly from the company through their existing Xbox One consoles. The new...
We haven’t seen a new HTC Vive virtual reality headset in a minute, but today, the company announced two new devices, including the Vive Pro 2. Read...
Sky Mavis teamSky Mavis, the Vietnamese startup behind blockchain game Axie Infinity, has announced a US$7.5 million Series A fundraise, led by Libertus Capital. A host of institutional and individual investors, including Collab + Currency, Blocktower Capital and Backed VC, besides individuals...
Varit Bulakul, Head of International Business Finance Advisory at The Brooker Group.The Brooker Group, a Bangkok-based publicly listed financial consultancy firm, announced today that it will invest a total of US$48 million in a diversified portfolio of decentralised applications (dApps) and...
HashMix, a Singaporean hashrate tokenisation company, has raised US$3 million in a new funding round. Backers in the round are HashKey Capital, Kenetic Capital, GBV Capital, FBG Capital, LongHash Ventures, Continue Capital, SevenX Ventures, and Fenbushi Capital, among others. The fresh capital...
Axiata-owned ADA rakes in US$60M from Softbank to develop AI-driven digital marketing solutions
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ADA’s CEO Srinivas GattamneniAxiata Digital Advertising (ADA), a Malaysia-based digital marketing solutions company, has secured US$60 million in funding from SoftBank Group. Post the investment, the Japanese telecom group will own 23.07 per cent shareholding of ADA at an enterprise...
Laura Gomez, General Partner of Latin Leap.EduSpaze, a Singapore-based edutech accelerator, has announced a partnership with Latin Leap, a Colombia-based VC studio. This is aimed at providing strategic and commercial support for Asia’s edutech startups to capitalise on the global growth...
The full story: Despite Singapore’s global reputation in digital competitiveness and how the COVID-19 pandemic increased its dependence on digital technology and social media, Singaporeans are highly sceptical towards how social media giants use their data, reporting a tolerance lowest across...
Filipino neobank Tonik has raised US$17 million in a pre-Series B funding round, led by Singaporean VC firm iGlobe Partners. Existing investors Sequoia India, Altara Ventures and Insignia Venture Partners also participated. They were joined by new investors, namely Citius and Baring Vostok Capital...
As the leading full-service telecommunications company in the Philippines, Globe plays a vital role in connecting a sprawling archipelago of over 7,600 islands and more than 100 million people. But building a successful enterprise is just part of the picture. We knew that to bring digitalisation...
In my first startup founded in 2016, I was a student entrepreneur who had to figure everything out independently. Running a company is tough, even more so when one is a student who has to juggle everything. Along the way, I’ve received plenty of help from individuals and institutions, whose only...
