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HR automation platform Omni wants to be the ‘Rippling of Southeast Asia’

TechCrunch

Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. He added that “Singapore is possible the most mature market in Southeast Asia Asia in terms of software/cloud adoption and willingness to spend.

Asia 89
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Jungle Ventures closes a $600M fund, bringing its total assets under management to over $1B

TechCrunch

Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Jungle Ventures has about 60 portfolio companies and says its enterprise value is over $12 billion on $250 million of invested capital, with a loss ratio of less than 5%. .

Fund 88
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Despite layoffs, there’s still a talent crunch in Southeast Asia

TechCrunch

There still exists a tech talent crunch, even in Singapore, where most layoffs and hiring freezes have happened because it’s regional headquarters for many international businesses and a startup hub. It’s a correction in general. It’s not all doom and gloom in two ways, and there are still positives,” Yeo said.

Asia 96
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E-commerce aggregator Una Brands raises $15M Series A five months after its launch

TechCrunch

The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive). The company now has 90 team members in seven offices across the Asia-Pacific: Singapore, Australia, India, China, Indonesia and Malaysia.

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Is cell-cultured meat ready for prime time?

TechCrunch

The conversion ratio for calories in versus calories out is seven to eight calories for a chicken for one calorie out, while plant-based is one calorie in and one out.”. Cultivated meat is just one of the approaches to meeting future demand for protein alongside plant-based and fermentation techniques.

Culture 96
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Flying taxi startup Lilium will build a hub for its electric aircraft in Florida

The Verge

It also built a pop-up vertiport in Singapore for a tech conference late last year. The power-to-weight ratio is a huge challenge for electric flight. Another German startup, Volocopter, unveiled its latest model at the Consumer Electronics Show in 2018.

Florida 133
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Southeast Asia’s Creative Galileo wants to make learning fun with popular cartoon characters

TechCrunch

The Singapore-based edtech platform announced today that it has raised $7.5 At the same time, it also aligns with the NEL (Nurturing Early Learners) curriculum developed by the Ministry of Education in Singapore. After moving to Singapore, she realized that the curriculum being taught across Southeast Asia was also missing the mark.