Startups flourishing as funding wave sweeps through SEA

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Hello there ,

Do you remember that new workout regime you wanted to implement, that business you wanted to start, or that person you were keen on asking out for dinner? All these random and unrelated events share one thing in common: They will never become a reality if you are not bold enough to venture into the unknown.

The first step toward any aspiration is often the hardest, as there is no proof that it can be achieved. Nonetheless, it also acts as a springboard by providing us with momentum and the belief in our abilities to reach our goals. For instance, Mark Zuckerberg probably would not have built Facebook if he hadn’t first developed FaceMash, a website set up as a type of "hot or not" game for Harvard students, in 2003.

Startups, too, never really get off the ground until they take their first steps (i.e., bankrolling their business through several funding rounds). And in today’s premium pick, we analyze the list of startups in Southeast Asia that have recently raised funding.

-- Shravanth
 
 

THE BIG STORY

50 rising startups in Southeast Asia
Which are the startups that are on the path to becoming the next big thing?

 

TRENDING NEWS

Byju’s in talks with SPACs to go public within 4 weeks
The edtech firm is also looking to raise a pre-IPO funding round worth US$750 million to US$1 billion.
Ex-Lazada, Snapp execs’ restaurant payments firm raises $17m in seed money
Already present in the UAE, Saudi Arabia, and India, Qlub will launch in other international markets in the coming weeks.
J&T Express, others to pour $6.4b into Saudi Arabia
Aramco Venture also set up a billion-dollar fund while Stc unveiled its US$1 billion MENA Hub, among others.
Samsung-backed AI startup eyes $100m fundraise
Gnani plans to ramp up its presence in the US and expects to generate nearly 50% of its revenue from this market.
Ex-Shopee exec’s food app served $1.3m in funding
Gobble is a group-based food ordering platform that allows users to choose from what their friends have ordered.
🇯🇵 Fusion reactor startup nets $11.6m in series B money
Kyoto Fusioneering will use the new funds for R&D and the development of fusion reactor equipment.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • *Event* [Workshop] What NFTs mean to startups in Southeast Asia on February 10th
    Curious about NFTs and want to expand your insights about this phenomenon? On February 10, catch our workshop with David Shin, head of global adoption at the Klaytn Foundation, to learn more about the digital asset!
    Get a single ticket to attend this workshop or subscribe to Tech in Asia Core at just US$0.55/day for unlimited access to all our workshops, signature conferences, and premium content.
  • AWS SaaS Forum on February 17th
    Join the AWS SaaS Forum on February 17 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.



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