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Komunidad, a Philippines-based environmental intelligence platform, lands seed round

TechCrunch

The Philippines is one of the most disaster-prone countries in the world, with geography that makes it vulnerable to typhoons, floods, volcanos, earthquakes and droughts. An example of Komunidad dashboards, created for a project in Mandaluyong City, the Philippines. Komunidad also enables its customers to build their own alert systems.

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Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

TechCrunch

At the end of last year, Xendit expanded into the Philippines, and says it is now one of the biggest payment players in the country. Suddenly the malls are closed, so we’ve been able to sign some of the bigger retail outlet groups in the market as well.”. This new round brings its total funding so far to $238 million.

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Okra Solar is bringing renewable energy to underserved markets

TechCrunch

The Sydney-based company creates hardware and software solutions designed to bring solar-based power to developing markets. At present, it’s currently focused on Nigeria, Philippines, Haiti and Cambodia, with a renewal bent designed to reduce emissions as it brings more populations online. Headcount will increase as well.

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Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. We’re really looking to diversify holdings, leveraging learnings from one market to another,” said Sosrodjojo.

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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.

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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. . Advanced rider assistance systems: Tech spawned by the politics of micromobility.

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Indonesian government wary of Temu’s entry, citing threats to local sellers

TechNode

Indonesias trade officials said Temus business model conflicts with local government regulations, which require a distributor or intermediary to be present in the product’s journey from factory to consumer.

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