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SC Ventures invests in Singaporean financial planning startup BetterTradeOff

BetterTradeOff Co-Founder and CEO Laurent Bertrand

Singapore-based fintech startup BetterTradeOff, which aims to make financial planning accessible to everyone, has secured an undisclosed sum investment from SC Ventures, the VC arm of Standard Chartered Bank.

BetterTradeOff will use the capital for technological enhancements and geographical expansion.

“We invested in BetterTradeOff because the solution helps people to proactively plan their future, addressing scenarios such as inflation or recession,” said Alex Manson, Head of SC Ventures.

BetterTradeOff leverages technology to simplify financial planning, making it possible for anyone, regardless of net worth or financial acumen. It claims its interactive and visual platform makes it easy for users to see and understand the impact of different decisions while simulating various financial situations, such as purchasing a new home or planning for retirement.

Also Read: Why SC Ventures believes in building innovation from within

The company offers three business lines — a free, do-it-yourself, financial planning platform for consumers; a SaaS solution for financial advisers; and a white-label, API-based enterprise platform for financial institutions.

The BetterTradeOff platform is used by customers in Singapore, Malaysia, Hong Kong, the Philippines, the UAE, Switzerland, the Netherlands, and the US.

In 2021, BetterTradeOff partnered with Standard Chartered Bank to provide Singaporean customers with comprehensive financial planning via the bank’s portal and mobile app.

Last October, Dutch Financial Services Provider Achmea made a minority investment in BetterTradeOff.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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How to embrace diversity, equity, and inclusion in DeFi and Web3

The 2018 North American Bitcoin Conference happened at a strip club in Miami. 87 speakers shared their views on the present and future of the blockchain-powered industry. But only three of them were females. 

This shows how emerging domains, like DeFi and Web3, are prone to inheriting the ‘bro culture’ dominating the tech industry. Notably, tech and finance, two of blockchain’s main areas of disruption, have a history of inadequate inclusivity.

In 2021, tech companies had less than 29 per cent women and 22 per cent ethnic minorities across all functions. Certain areas, like cybersecurity teams, had an even lesser representation for these groups, 12 per cent each. 

There’s also around a 6.9 per cent pay gap in favour of white employees, while women own merely five per cent of all tech startups in the US. 

However, new standards are steadily emerging in DeFi and Web3. There is a growing dedication among innovators to champion diversity, equality, inclusion, and belongingness (DEIB) from the get-go. 

Anna Arpilleda, the Head of People at Archblock states, “The opportunity to create a diverse environment starts with our recruitment approach and process—each and every employee plays a role in actively supporting this. We encourage applicants with diverse backgrounds across various industries and functions to apply for roles.” 

Also Read: Why investing in women entrepreneurs is a smart move for the future

She adds that decentralised finance can provide access to new opportunities regardless of background and physical location.

Where DEIB stands now

Rob Behnke, the CEO of blockchain security solutions firm Halborn, says, “Decentralised finance came about only five years ago. But that said, these have already become truly global phenomena, already promoting financial inclusion in several countries.”

Behnke’s analysis is spot on. Yet, it’s crucial to take stock of the current state of DEIB in DeFi. This’ll provide a reality check for industry stakeholders to channel their efforts in the right direction. And thus make these emerging domains genuinely progressive in the long run.

About nine per cent of US citizens owned cryptocurrencies in 2022. Nearly 74 per cent were males, while females represented only 26 per cent. The US thus has the widest gender gap in crypto ownership among 26 countries surveyed by Statista. Vietnam, however, had a fairer balance: 55 per cent male ownership vs 46 per cent female.

Quartz found that only 8.5 per cent of the 378 venture-backed crypto startups launched between 2012 and 2018 had female Founders or Co-Founders. This didn’t change until 2022 when 90 per cent of all crypto startup founders were males. They also received 95 per cent of the total funding, signalling VCs’ greater interest in supporting male-led firms. 

Besides gender, ethnic and racial minorities have also faced instances of bias and discrimination in crypto. When CryptoPunks launched Meebits in 2021, Bloomberg reported how dark-skinned and female Meebits sold for roughly 30 per cent less on OpenSea, vis-à-vis the fairer CryptoPunks.

The above facts reveal a long way to go before ‘everybody feels welcome, represented, and heard’ in DeFi and Web3. Yet thankfully, innovators in this space increasingly realise the business case for DEIB. 

Also Read: Bridging the gender gap and boosting women entrepreneurship with embedded finance

According to McKinsey & Company, gender-diverse companies have 48 per cent better performance than their peers with non-inclusive policies. Similarly, ethnic and cultural diversity increases profitability by almost 36 per cent. 

Arpilleda resounds with these findings when she says, “DEIB is not just the ‘right thing to do’—it’s a creator and driver of business value. So, at Archblock, we’re committed to building an inclusive work culture and environment across our teams in Ireland, Poland, Portugal, Hong Kong, Australia, and the US.”

Harvesting change from the grassroots

“In a decentralised economy, grassroots is all there is and all that matters,” says Behnke. He also points out how folks can access easy, permissionless loans using cryptocurrency despite having low credit scores in traditional finance—an example of how these assets can transform financial inclusion. 

Inadequate internet access is still a significant obstacle for underserved communities to access DeFi and Web3 fully. It should instead be considered a ‘basic human right’ in Behnke’s view. But even with billions unable to benefit from emerging technologies like blockchain, there’s a lot that’s inherently good about their evolution. 

Both Arpilleda and Behnke, like many others, consider DeFi’s open-source nature a key means to inclusivity. It helps break traditional barriers, letting everyone participate in the digital revolution. DAOs create a true meritocracy, for example, so that community members can be decision-makers irrespective of their gender, race, ethnicity, or geographical background.

This becomes clearer because 23 per cent of Black Americans and 16 per cent of Hispanic Americans are crypto owners, vis-à-vis 11 per cent of White Americans. Likewise, 26 per cent of LGBTQA+ community members in America own some digital currency. 

Globally, Chainalysis has shown that Southeast Asian countries, like Vietnam, were among the biggest crypto and blockchain technology adopters in 2021. Also, when people in this region, especially women and the youth, faced massive livelihood loss during COVID-19, they increasingly turned to crypto-based modes of income. 

These aspects highlight DeFi’s immense potential to serve people from unstable economies, especially in times of crisis. That’s also why DeFi protocols are currently a go-to means for settling remittances across borders, especially from the West to the South.

In Arpilleda’s words, “DeFi’s most significant contribution has been to provide financial services to people in locations with limited banking infrastructure and volatile currencies. Individuals from frontier or emerging markets can now invest in or borrow stablecoins pegged to stronger, stabler currencies. DeFi enables novel lending methods and revenue streams to help small businesses and entrepreneurs in emerging markets.”

Overall, the decentralised and community-driven promises of the DeFi and Crypto space are aligned with DEIB goals. I look forward to seeing things progress as there is more adoption and younger generations join the workforce.

Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic

Join our e27 Telegram groupFB community, or like the e27 Facebook page

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How tech upgrades could address Singapore’s labour shortage in hawker centres

Singapore has finally regained normality. Major events and global tourism are back, locals are crowding streets and squares as much as before the pandemic. It’s a sigh of relief for the plagued F&B sector that scrambled to maintain essential services during COVID-19. Many establishments had to shut down due to a lack of foot traffic.

Today, outlets suffer from a manpower crunch. By last June, total employment in Singapore had rebounded to 99.5 per cent of the pre-COVID-19 levels, according to the Ministry of Manpower. Labour costs have become an issue that weighs particularly on the F&B sector. 

Hawker centres, food courts, and restaurants are experiencing shortages and higher wages for dishwashing and cleaning. A renegotiated wage model between employee representatives, unions, and the government, will see the base salaries of cleaners go up to between SG$1,570 and SG$2,210 in 2023. It will increase by at least SG$170 each year until 2028.

That is bad news given the razor-thin margins in the sector. Food courts in particular will need to look for further efficiencies in the way they are run. A solution could be tech.

The coming tech revolution

There are centralised dishwashing services that already contribute to an increase in productivity. These highly specialised and automatised cleaners for plates and bowls are experienced in handling big volumes and heavy loads. They are also more ecological by optimising energy and water usage. Their work is reducing pressure on the individuals that are doing the job manually, in many cases senior citizens. 

The dishwashing services market in Singapore was estimated to be valued at SG$30.9 million in 2020, with currently 10 firms sharing the pie, according to Euromonitor. The market size is expected to reach SG$75 million by 2024. The industry enjoys government support, as it increases automation and efficiency.

Also Read: How to balance rapid growth and sustainability as a startup founder

Cleaning robots are another innovation that will bring visible benefits as the tech improves. Marketstudyreport.com predicts that the global market will be worth US$3.5 billion by the end of 2026, with a compounded annual growth rate (CAGR) of seven per cent throughout the 2021-2026 period. While you might already see them across the city, there are still frequent hiccups that developers are trying to resolve. We expect public acceptance to grow, as people realise how useful they can be.

A little help from a friend

The newest models require minimal human intervention. They are capable of maintaining and cleaning themselves at the docking station and recharging in a few minutes. With the latest sensor tech, they are able to map out the area to cover it most efficiently. At the same time, they can also be run remotely by an assistant. 

State-of-the-art robots are connected to the cloud and automatically updated with the latest software. It allows for real-time monitoring and efficient remote management. But connectivity also makes them vulnerable to hackers, which is why these machines have to comply with the control standards set by the Infocomm Media Development Authority (IMDA).

With device security becoming an issue, the danger of malevolent actors potentially gaining access to restricted areas and spying on sensitive installations is real. Can local manufacturers fill the gap and become trusted partners?

Expect these robots to learn and improve, to become more nimble and accurate and to perform increasingly complex tasks that a human won’t be able to carry out. Robots will result in higher workplace safety, reducing health risks for employees.

AI and machine learning are likely to dominate the coming decade. It might soon visit you at your local hawker centre.

Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic

Join our e27 Telegram groupFB community, or like the e27 Facebook page

Image credit: Canva Pro

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Awareness level about the potential benefits of energy efficiency is low in SEA: TablePointer CEO

TablePointer CEO & Board Director Jason Tang 

Early this week, energy-efficiency-as-a-service (EEaaS) startup TablePointer announced an over US$2.3 million oversubscribed seed funding round led by Wavemaker Partners, AgFunder, and ENGIE Factory. The Singapore-based firm will invest the money to develop new features and product modules and foray into new markets in Southeast Asia.

e27 had a quick chat with Founder Jason Tang about the challenges in the energy management solutions industry and how the company tackles them with its cutting-edge solutions.

Excerpts:

Can you tell us more about your energy-efficiency-as-a-service solution and how it works?

Our energy-efficiency-as-a-service solution leverages Internet of Things (IoT) sensors to collect energy data and machine learning algorithms to identify opportunities for energy efficiency. The solution involves the installation of devices that monitor operational activities and energy usage, then using data analysis and machine learning to identify areas where energy can be saved, and regulate the customers’ equipment for energy savings.

TablePointer also provides ongoing support and maintenance for these devices.

How does TablePointer differentiate itself from other energy management solutions in the market?

Our USP is that we offer a subscription-based model that eliminates upfront costs and guarantees energy savings for clients. We also emphasise a data-driven approach that continuously monitors and optimises energy consumption.

What are some of the challenges that you face in the energy management industry, and how do you plan to address them?

Some of the challenges we face include low awareness about the potential benefits of energy efficiency and limited access to capital for energy efficiency projects.

Also Read: TablePointer raises US$2.3M to enter new markets with its IoT, AI-based energy efficiency solutions

To address these challenges, TablePointer plans to educate potential clients about the ROI of energy efficiency, partner with financing institutions to offer attractive financing options and differentiate itself through its data-driven approach.

Can you walk us through some of the key features and product modules that you plan to add?

An enhanced analytics dashboard for customers, advanced IoT solutions for additional kitchen equipment, and improved data analytics algorithms.

Which markets in Southeast Asia are you targeting for expansion, and why? How do you plan to scale in these new markets?

TablePointer is targeting several markets in Southeast Asia for expansion — especially markets with significant potential for energy savings and home to many businesses that are looking to reduce their energy costs and improve their sustainability practices.

To scale the business in these new markets, TablePointer will need to invest in additional sales and marketing resources, as well as local partnerships and collaborations to better understand the needs of each market.

Can you discuss some of the key partnerships or collaborations that TablePointer has formed to date?

We have formed partnerships with several key players in the energy management industry, such as ENGIE, one of the world’s largest energy services companies, as well as a leading IoT and software technology provider. These partnerships help to ensure that our solution is compatible with the latest technologies in the market.

What is TablePointer’s long-term vision for the energy management industry, and how do you see the company contributing to that vision?

TablePointer’s long-term vision for the energy management industry is to create a more sustainable and efficient energy ecosystem, where businesses can easily and affordably reduce their energy consumption and costs.

To achieve this vision, TablePointer plans to continue investing in cutting-edge technology and analytics capabilities, while also working closely with customers to understand their needs and develop customised energy-saving strategies.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the e27platform, and other prizes. Join TOP100 here.

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Vietnamese music games publisher Amanotes invests in Swedish startup Reactional Music

(L-R) Amanotes Co-Founders Silver Nguyen and Bill Vo

Vietnam’s music games publisher Amanotes has invested in the pre-Series A funding round of Swedish startup Reactional Music.

Other investors in the round are Butterfly Ventures and angels, including Kelly Sumner, a former chairman of Mediatonic, CEO of Red Octane, and CEO of Take 2 Interactive.

This round follows a number of seed rounds at the Stockholm headquartered Reactional.

Reactional Music lets gamers personalise their personas and gameplay with their favourite music. It is a rules-based music engine and delivery platform that connects the music and games industries commercially and creatively.

Also Read: ‘Play long-term games and do not optimise for the short term’: Vaibhav Aggarwal of Coinbase

Reactional is working on several pilot projects. The Reactional Engine is also used in a commercially available game for PS5 and PS VR2. The platform will be live in 2023.

It also completed multiple music rights agreements with commercial and production rights holders, including Hipgnosis Song Management.

Founded by two passionate music and tech lovers Bill Vo and Silver Nguyen, Amanotes is a mobile music games publisher with over 2.8 billion downloads and 100+ million monthly active users. Since 2014, 30+ music games and mobile apps were published under its name.

The games market is expected to surpass US$200 billion in revenue in 2023. In-game purchases accounted for 74 per cent of all games revenue in 2021, around US$129 billion.

Currently, in-game music revenues account for less than 0.001 per cent of the total market. In 2023 the total number of global gamers is expected to pass three billion.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the e27 platform, and other prizes. Join TOP100 here.

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Vietnamese online coding school MindX nets US$15M Series B financing

MindX, an online coding school in Vietnam, has secured US$15M a Series B financing round, led by Kaizenvest.

Aksorn, Mynavi Corporation, and Wavemaker Partners also joined the round.

The edutech startup will use the money to grow its platform, expand its reach into smaller cities and rural areas, as well as to create more educational content.

Established in 2015, MindX prepares users for technology careers by providing access to virtual or in-person classes. It claims to have trained 35,000-plus students of different ages.

Also Read: The future of edutech: Personalising learning for all

According to the firm, it has tripled its geographical footprint to over 32 campuses in Vietnam since the Series A investment round in 2021.

Additionally, MindX has expanded its offerings to include blockchain, data analytics, and UI/UX design courses.

The edutech company now aims to connect Vietnamese tech workers with employers worldwide. It has partnered with over 200 companies in countries, including Thailand, Singapore, and Australia, to provide global access to Vietnam’s digital workforce.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the e27platform, and other prizes. Join TOP100 here.

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Why you should go to WeWork and MeetUp with us at Ho CHi Minh

MeetUp
e27’s Regional MeetUp 2023 seeks to gather regional disruptors and innovators and bring the latest insights on the regional tech startup ecosystem straight into their respective homes — and we’re heading next to Vietnam.

It’s happening at the WeWork E. Town Central, Ho Chi Minh on Thursday, 13 April. What to expect, you might ask?

The e27 MeetUp in Vietnam features a fireside chat with the topic “Southeast Growth Series: How can Vietnam’s tech ecosystem grow sustainably and where are future growth drivers”, with speaker Linh Thai, Founder and CEO of Skills Bridge and Shark Tank Vietnam investor; and moderator Thaddeus Koh, co-founder at e27.

Also read: Meet these 10 startups that are saving lives

This event is an excellent opportunity to connect with the local tech startup community at Ho Chi Minh, share insights with experts and your peers, and potentially get free tickets to the Echelon Asia Summit happening on June 14-15 in Singapore.

The e27 MeetUp is also a great opportunity to explore how you can work with the e27 community – and e27 – to help you achieve your goals.

This is an invite-only event. If you would like to be a part of it, leave us your details in this form.

This event is brought to you by e27, in partnership with WeWork and WebEngage.


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Taizo Son’s new VC firm The Edgeof acquires SoftBank Ventures Asia

The Edgeof was founded last month by Taizo Son and Atsushi Tara (in the pic)

The Edgeof, a newly formed ecosystem builder and VC firm, has agreed to acquire SoftBank Ventures Asia Corp. (SBVA), a wholly-owned subsidiary of SoftBank Group.

The strategic initiative aims to enhance support, development, and expansion of startups poised to transform the world, spanning from Singapore to the greater pan-Asian market.

The transaction details remain undisclosed.

The acquisition is contingent upon regulatory approval and is expected to be completed this year.

Following the deal, a fresh brand identity will be unveiled.

“Through this acquisition, we aspire to build an ecosystem that enables visionary entrepreneurs and their startups to effect significant, positive societal change,” The Edgeof Co-Founder and Chairman Atsushi Taira said.

The Edgeof Founder Taizo Son added: “We are confident that our collective strengths and resources will ignite a new era of revolutionary technologies and solutions, establishing us as a prominent influence in developing and expanding αStartups worldwide.”

Also Read: Rethinking venture capital: 5 ways it goes beyond investing

The Edgeof was created last month by Son and Taira. Son is the CEO of the Japanese VC firm Mistletoe and the youngest brother of Softbank Group Founder Masayoshi Son. Taira is the MD of Mistletoe Singapore.

The new entity aims to create a sustainable and better world by tackling pressing global challenges, such as climate change and sustainability, through innovative initiatives.

It aims to be Asia’s leading VC and ecosystem builder, helping alpha startups (αStartups) expand across borders and grow exponentially. αStartups are distinguished by their radical innovation, positive impact, and potential to scale globally. It will trigger fundamental changes in energy, water, agriculture, food, sustainability, AI/robot-driven changes in societies, healthcare, learning, and all things essential for the next generations.

SBVA will identify and invest in promising αStartups based in Asia or those with a global presence interested in the Asian market. To support the full lifecycle of these startups, multiple funds will be established, ranging from early to growth stages, enabling co-investment alongside similar-minded investors.

JP Lee, CEO of SBVA, said: “By joining forces, SBVA will be able to leverage its expertise, insights, and network to support visionary entrepreneurs in their endeavours and enable them to make a lasting global impact that transcends Asia.”

Founded in 2000, SoftBank Ventures Asia is an early-stage VC firm based in Seoul and currently operates approximately US$2 billion in funds under management. Since its inception, SoftBank Ventures Asia has focused on ICT investments, including AI, IoT, and smart robotics, with global investment professionals in Seoul, Beijing, Singapore, and San Francisco.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the e27platform, and other prizes. Join TOP100 here.

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Check out 10 more startups that are saving lives

startups

After months of submissions and hundreds of applications, we’re happy to share with you these 10 startups who will be pitching their innovative solutions at the SAFE STEPS D-Tech Awards Virtual Pitch on 13 April 2023.

Click here to join the virtual pitch.

The 2023 SAFE STEPS D-Tech Awards has been launched to find, fund, and support innovative tech solutions that can help protect and save lives, before, during, and after disasters. The program is created by Prudence Foundation and supported by humanitarian partner: IFRC, technology partner: AWS, and strategic partner: e27, for its 2023 edition.

Also read: Meet these 10 startups that are saving lives

The SAFE STEPS D-Tech Awards recognises the crucial role of technology in enhancing disaster preparedness, recovery, and resilience. Climate change has led to more frequent and intense disasters worldwide, particularly in the Asia-Pacific region, where half of these events occur, resulting in staggering economic costs and human lives lost. Despite the pressing need for solutions, financial and non-financial support is lacking, hindering their potential for maximum impact.

Now in its third edition, the Awards looks to continue its work in catalysing a network of support, raising awareness of the sector, and helping the remarkable companies that operate in this space grow and scale.

10 more startups that will be taking part in the Virtual Pitch

ESASTHO

ESASTHO is a healthtech startup that bridges online and offline, paper-based solutions already established in the regular healthcare system. As a healthtech startup, ESASTHO creates several sequential channels like telemedicine, online hospital booking service, online pathology and virtual pharmacy, and emergency ambulance services.

ESASTHO’s solution ranges from remote medical consultations where they provide patients access to healthcare professionals and alleviate the burden on local healthcare facilities, partnering with local organisations involved in disaster response efforts, conducting health awareness campaigns during disasters where they provide accurate and reliable information on how to stay safe and healthy during a disaster, as well as emergency services during a disaster such as doctor consultations, medicine supply, pathology sample collection, and ambulance service, among others

Doh Eain

Doh Eain preserves heritage, improves public spaces, and organises activities that connect people with places, employing a user-centred, participatory approach. In doing this, Doh Eain aims to inspire and enable people to participate in reshaping their city while retaining cultural heritage.

Doh Eain set up the Yangon Neighbourhood Network (YNN) with the goal of creating a mechanism that would support the many neighbourhood-based informal and semi-formal groups undertaking relief and resilience activities that save lives during disasters. The platform improves the quality and accountability of these neighbourhood actors’ activities while making them more visible and easier to support for large donors.

NatureMetrics

NatureMetrics is a world leader in delivering nature data and intelligence. They use cutting-edge technology to generate biodiversity data at scale using environmental DNA. They make biodiversity measurable and support businesses to transition to a nature-positive economy by providing the data with which to drive good decisions for business and nature. The company’s mission is to transform the scale, comprehensiveness, and accessibility of biodiversity data around the world, creating a comprehensive database of life on earth which will help the world identify how best to protect it.

NatureMetrics aims to deliver comprehensive, actionable biodiversity data, from sample to biologically meaningful insight within 72 hours, compared to at least 8 weeks for conventional monitoring. This will enable rapid, robust evidence-based decision-making, minimising environmental damage, and protecting biodiversity. Critically, this will provide decision-makers with the data they need to use nature-based solutions to tackle the effects of climate change and extreme weather events.

Komunidad

Underscoring that the call by the UN Secretary-General on Early Warning for All needs to be made a reality to further save lives, livelihoods, and assets, Komunidad developed the Climate Operations Center (COC) — a web-based application that helps monitor and anticipate the risk of severe weather and other natural disasters with simple and easy to understand decision support tools such as online dashboards, automated reports, and early warning alerts.

Komunidad is a climate data and analytics software company providing digital transformation and decision support tools for climate resilience and sustainability. We help governments and enterprises harness the power of data and analytics to manage climate risk and optimise for the low carbon future.

Kinetic Analysis Corporation

Kinetic Analysis Corporation specialises in the generation and delivery of a multi-model view of hazards, damage, and impact data for tropical cyclones and other extreme perils occurring anywhere in the world. This information can provide crucial insights into the potential impacts from a peril and support planning and response perspective.

KinetiCast by Kinetic Analysis Corporation is a web app that helps you develop scenarios of what might happen so you can respond to what does happen. With a multi-model approach to generating high-resolution (~2 km) geospatial hazard footprints and economic impact estimates in near real-time, you will be able to develop scenarios and contingency plans and execute the optimal response as conditions evolve.

Maxi

Maxi is a mental health startup that leverages artificial intelligence to provide hyper-personalised care for mental health. The platform is designed to match users with the best-suited resources to address their specific needs. The Maxi platform utilises machine learning algorithms to analyse user behaviour, preferences, and other data points to create a personalised experience. Users are matched with various resources, including mental health professionals, audio exercises, self-screening tests, and discussion forums.

Disasters have a significant impact on mental health, and Maxi’s personalised approach can help disaster victims cope with their challenges. Maxi can provide disaster victims with resources tailored to their specific needs. For example, someone experiencing anxiety during a natural disaster can be matched with audio exercises and relaxation techniques to help them manage their symptoms. The platform can also connect users with mental health professionals specialising in disaster-related trauma and provide them with the support they need.

Solvation Analytics

Solvation Analytics is a Malaysian green tech company dedicated to developing sustainable energy solutions for businesses and governments worldwide. Our team of experts works with clients to create customised strategies that optimize energy consumption, reduce waste, and improve efficiency.

The company has developed a hazard mapping technology that provides early warnings to affected communities to protect the most vulnerable members of society during disasters such as children, disabled individuals, and pregnant women. Their solution incorporates cutting-edge AI and machine learning models to process satellite data, IoT data, and social media listening, generating visualisations and warnings to disaster-affected communities. This critical information is disseminated to emergency response teams, who share regular updates with communities. Their alerts are also broadcasted based on proximity to cell towers, ensuring the fastest possible response times.

DayZero Water LLC

DayZero Water LLC is a group of engineers, scientists, business professionals and even a philosophy professor working to address a disaster response need: safe drinking water. Often, cholera or other diseases follow disasters — such as in Malawi and Mozambique, following Cyclone Freddy. These diseases are easily prevented by DayZero Water’s product, the water box.

The water box is a household water treatment device using UV that quickly treats a 4-litre batch of water, whether electricity is available or not. It’s a batch process. This is important since people are often without running water after a disaster.

USHER

USHER is the most advanced earthquake and structural health monitoring system that ensures the integrity and resilience of infrastructures before, during, and after a seismic event.

IronYun

IronYun’s SIA award-winning Vaidio AI Vision Platform offers more than 30 advanced AI video analytics that works with any IP camera. AI vision analytics are deployed in many industries including smart cities, manufacturing 4.0, smart retail, building automation, public transportation, stadiums, and international airports.

Vaidio can search, monitor, alert, and analyze video with twenty AI-enabled video analytics on a single platform. Vaidio detects and alerts on objects, vehicles, behaviours and conditions with market-leading speed and accuracy. Vaidio adds layers of superhuman intelligence to existing camera and video infrastructure to deliver safety, security, and operational efficiencies. Vaidio next-gen AI delivers faster processing, faster alerting, and more analytics per stream using fewer resources than alternatives, which lowers overall solution costs.

Also read: Why you should go to WeWork and MeetUp with us at Ho CHi Minh

The 2023 SAFE STEPS D-Tech Awards

The startups taking part in the 2023 SAFE STEPS D-Tech Awards Virtual Pitch stand a chance to win 150,000 USD in cash prizes, AWS product credit worth 55,000 USD, and access to investor networks and mentorship. Finalists will be able to showcase at the Echelon Asia Summit 2023 at the Singapore EXPO on 14-15 June 2023.

Catch these amazing startups and more at the 2023 SAFE STEPS D-Tech Awards virtual pitch! For more information, visit the official page here.

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This article is produced by the e27 team, sponsored by Prudence Foundation

We can share your story at e27, too. Engage the Southeast Asian tech ecosystem by bringing your story to the world. Visit us at e27.co/advertise to get started.

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