Can this startup revolutionize the cleaning industry?

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Hello there

A few weeks ago, one of my family members got infected with Covid-19. It wasn’t really anything to panic about though, and we all went through self-quarantine. Thankfully, the rest of us didn’t catch it, but there was some anxiety even after he tested negative.

One of our biggest concerns was that even though he was supposedly in the clear, we weren’t really sure whether our house was actually clean and safe. To ensure that we did it properly, my mum hired a cleaning service to disinfect the house.

In today’s story, we explore how a Singapore-based company is seeking to alleviate such doubts through tech. SmartClean Technologies is now looking to raise US$15 million in a series A round. Will it succeed? Perhaps its journey to get to this point could tell us a thing or two.

-- Jonathan Chew
 


Billion-dollar market in cleaning tech? This startup is betting on it and seeking $15m

We exclusively report that SmartClean is closing its venture debt fundraise of US$3 million, with US$12 million in equity funding to be raised by June.
 

Designing the bias out of the workplace

Not-so-fun fact: At the rate we’re going, it will take another 268 years to close the economic gender gap globally, according to the World Economic Forum. That means the world will only see gender equality at an economic level in the year 2290.

I don’t know about you, but I find that statistic shocking. My great-grandchildren wouldn’t be alive in 268 years, and the thought of inequality persisting for even longer than it already has doesn’t sit right with me.

Clearly, we need to take steps to address this inequality. And when it comes to the economic gap, what better place to start than our workplaces?

As part of Tech in Asia’s International Women’s Day campaign, our COO Maria Li sat down with Godelieve Van Dooren, CEO at Mercer Southeast Asia, and Ayesha Khanna, CEO of Addo AI and founder of 21C Girls, to take a closer look at what companies can do to close the gaps women face in the workplace in terms of leadership, hiring and promotion, and pay.

Check out How to design gender bias out of leadership, the first episode of a three-part series, here.



VC breaks down Vajro’s $8.5m series A pitch deck

The India-headquartered cloud-based mobile commerce platform used this deck to secure a US$8.5 million series A funding round. Watch now.
 


SG insect-based foodtech firm raises $2m in debt funding
Protenga looks to launch its next-generation smart insect farm in Malaysia soon.
Grab in the running to acquire Home Credit’s assets in SEA, India
Home Credit is seeking between US$2 billion and US$2.5 billion for its businesses in Southeast Asia and India, Bloomberg reported.
Gobi backs sneaker, apparel ecommerce firm’s $6m raise
Kicks Crew said its gross merchandise value grew 15x year-over-year in FY 2021.
ASTAR healthtech startup spin-off bags $3.4m seed funding
Amid the pandemic, local hospitals in Singapore have used Respiree’s solution to check on Covid-19 patients.
Indonesian ecommerce enabler bags $1m from investors in US, London
Opaper said it has onboarded more than 19,000 online sellers, registering 60% user growth every month.
Japanese bank to launch $300m fund for Indian startups
MUFG Bank will set up the MUFG Ganesha Fund, which aims to back middle- to late-stage startups in India.

 


You can also check out a curated list of trending tech events over here.
  • Unlocking the possibilities of the digital credit ecosystem on March 16th
    Digitalization is in full swing and consumers are now used to having most aspects of their lives play out online. This also means that their expectations of financial institutions and players are now higher than ever - can businesses keep up?
    Join us on March 16 for a panel discussion led by global information technology company Experian to better understand how real time credit assessment, alternative sources of credit data, and AI/ML powered automation can enable a seamless customer experience and new credit opportunities in today’s digital credit ecosystem.
    Click here to reserve your place.
 

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