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SeaX Ventures unveils US$6M climate fund to back startups focusing on carbon reduction

Dr. Kid Parchariyanon, Managing Partner and Founder, SeaX Ventures

SeaX Ventures, a Thai and US-based venture capital firm, has announced the launch of SeaX Zero, a US$6 million climate-focused fund dedicated to supporting deep tech startups tackling global carbon emissions. The fund, which is part of SeaX’s broader US$100 million investment strategy, aims to back early-stage innovators with the potential to deliver scalable climate solutions across critical industries.

The new fund aligns with SeaX Ventures’ ambitious mission to reduce one per cent of global carbon emissions by investing in breakthrough technologies.

SeaX Zero will target seed to Series A companies developing solutions in next-generation materials, alternative proteins, sustainable food systems, and clean energy.

“At SeaX Ventures, we have always been drawn to transformative technologies that can reshape industries and improve lives,” said Dr Kid Parchariyanon, Founder and Managing Partner of SeaX Ventures, in an email interview with e27.

“The climate crisis, especially in Southeast Asia – responsible for around seven per cent of global emissions – demands urgent action. Yet, there’s a significant investment gap when it comes to deep tech solutions capable of real impact. SeaX Zero was created to bridge that gap.”

SeaX Zero has already deployed capital into four pioneering startups: Hoxton Farms, Type One Energy, Active Surfaces, and Bluu Seafood. Each represents a strategic bet on scalable technologies poised to drive substantial carbon reductions.

Also Read: Eco-investing: Driving change through climate technology and strategic finance

Among them, Type One Energy is working to commercialise fusion energy – a zero-carbon, limitless power source that could transform the global energy landscape. “Fusion is one of the most exciting breakthroughs in clean energy. It offers the potential for constant power without emissions or long-lived waste,” Dr Parchariyanon added.

Meanwhile, Hoxton Farms and Bluu Seafood are rethinking food production, using cultivated proteins to replace traditional animal farming, which is a major contributor to methane emissions and overfishing.

“Hoxton Farms, for instance, is developing cultivated fat to improve the taste and texture of plant-based meats, which is crucial for mainstream adoption,” he explained.

On the materials front, Active Surfaces has created ultra-thin, flexible solar technology that integrates seamlessly into building structures, turning everyday surfaces into clean energy generators.

SeaX Zero plans to invest in 15 to 20 startups by the end of 2025, deploying initial cheques between US$100,000 and US$500,000. Beyond capital, the fund offers strategic support, leveraging SeaX’s global network to help startups overcome commercialisation challenges and access key markets—particularly in Asia, where demand for climate solutions is surging.

“Early-stage climate tech startups face long development timelines and need strong industry partnerships to scale,” Dr Parchariyanon noted. “We go beyond funding by connecting our founders with the right partners, customers, and policymakers to accelerate their path to market.”

SeaX Ventures’ core focus on deep tech innovations spans health tech, agritech, and clean energy. The addition of SeaX Zero strengthens its commitment to sustainability while sharpening its impact investment thesis.

Also Read: Adopting electric trucks for a greener logistics future in Singapore

“This initial fund is designed to prove that early-stage deep tech ventures can drive massive carbon reductions while delivering strong financial returns,” Dr Parchariyanon said. “We’ll be closely monitoring technological progress, market adoption, and regulatory tailwinds as we prepare for a larger follow-on fund.”

According to Dr Parchariyanon, SeaX Zero’s approach balances scientific credibility, economic viability, and market demand. “The technologies we back must be commercially scalable and cost-competitive – not just greener but better than the status quo,” he added.

Looking ahead, Dr Parchariyanon sees growing momentum in fusion energy, AI-driven climate solutions, and bio-based materials. “Over the next five years, climate tech will evolve from niche to mainstream. The winners will be those creating superior, cost-effective solutions that make sustainability the default choice for industries and consumers alike.”

Image Credit: SeaX Ventures

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Flagright clinches US$4.3M to bolster AI-native anti-money laundering solutions

Singapore-based Flagright, an AI-native anti-money laundering (AML) compliance and risk management platform, has announced a US$4.3 million seed funding round.

The investment was led by Frontline Ventures, with significant participation from existing investors including Y Combinator, Pioneer Fund, and Moonfire Ventures.

Rubin Ritter (ex-co-CEO of Zalando), André Silva (ex-Global Head of Expansion at Revolut), Phillip Chambers (CEO of Orbex), Ahmed Badr (COO of GoCardless), Teng Sherng Lim (ex-CCO of Advance.AI), and Saqib Mirza (CEO of Sciopay) also participated in this funding round.

Also Read: Reimagining anti-money laundering processes with blockchain technology

This new capital injection will be channelled towards accelerating AI innovation, notably the launch of their AI Forensics product family, and facilitating expansion into the North American market by establishing new offices in New York and San Francisco.

Founded by Baran Ozkan (CEO) and Madhu G Nadig (CTO) and incubated in Y Combinator’s Winter 2022 batch, Flagright provides an AI-native operating system designed for modern risk management teams. The company currently serves over 50 customers across six continents.

The funding announcement comes when the complexities and consequences of financial crime are increasingly apparent, as highlighted by recent high-profile cases such as Singapore’s SGD3 billion (US$2.24 billion) money laundering scandal and TD Bank’s US$3 billion settlement over AML failures. These incidents underscore the critical need for more effective and proactive compliance tools.

Flagright’s platform aims to address the limitations of traditional compliance vendor systems, which are often characterised as outdated, slow, and inefficient, leading to excessive false positive rates and labour-intensive manual processes. Its no-code platform offers a centralised solution encompassing dynamic risk scoring, automated case management, real-time transaction monitoring, and AML screening.

Notably, Flagright boasts a high-performance scenario builder with sub-second API response times and advanced integrations with data providers like LSEG and Dow Jones.

According to the company, customers have reported significant improvements in operational efficiency, including 98 per cent fewer false positives, 87 per cent less manual monitoring effort, and a 90 per cent improvement in compliance accuracy. The platform’s reliability is underscored by its 99.99 per cent uptime and real-time data processing in under 700 milliseconds.

Also Read: XTransfer’s AI-driven Anti-Money Laundering technology empowers B2B international trade

Flagright’s newly launched AI Forensics product family promises to automate compliance workflows across screening, monitoring, governance, and quality assurance. This includes AI agents for monitoring (automating alert investigations), governance (simplifying regulatory change management), and quality assurance (enhancing compliance QA processes). These agents are integrated into Flagright’s AML solution with a centralised data lake, enabling superior risk detection and continuous improvement.

The firm also has offices in Berlin and Bangalore.

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Fed’s 2025 rate cuts: How they shape stocks, gold and crypto

Over the weekend, fresh headlines hinted that President Donald Trump’s much-discussed reciprocal tariffs, slated for April 2, might not be the broad, blunt instrument markets initially feared. Instead, they could be more targeted, potentially easing some of the anxiety that’s kept investors on edge. But let’s not kid ourselves—the situation remains fluid, and a major risk still looms large. Markets hate uncertainty, and this story is far from written.

Last week offered a glimpse into how these dynamics are playing out. The Federal Open Market Committee’s (FOMC) latest dot plot stuck to its script, signalling expectations of two rate cuts this year despite a bump in near-term inflation projections from 2.5 per cent to 2.8 per cent.

That’s a notable shift—it suggests the Fed sees price pressures sticking around a bit longer than anticipated. Meanwhile, the median growth forecast took a hit, sliding from 2.1 per cent to 1.7 per cent, a clear nod to the mounting headwinds facing the US economy.

Friday’s market action encapsulated the mood: equities spent most of the day in the red, only to be yanked into positive territory by a late rally from mega-cap tech giants, nudging the S&P 500 up 0.1 per cent by the close. It’s a classic case of the market’s bipolar nature—pessimism giving way to a flicker of optimism driven by a handful of heavyweights.

The bond market, meanwhile, told its own story. The US Treasury yield curve steepened, with long-end yields creeping higher after Fed Governor Christopher Waller suggested the banking system still has plenty of reserves to handle the Fed’s ongoing Treasury runoff without disruption. The 10-year yield edged up 0.9 basis points to 4.246 per cent, reflecting confidence in the longer-term outlook.

At the front end, however, yields dipped—the 2-year yield fell 1.6 basis points to 3.948 per cent—as markets priced in more Fed easing to come. It’s a delicate balancing act: the Fed resisting short-term pressure to pivot aggressively while signalling it’s not blind to the softening growth picture.

The US Dollar Index, up 0.2 per cent to 104.09, notched its first weekly gain in three weeks, a subtle flex of muscle amid the uncertainty. Commodities offered a mixed bag: gold, often a safe-haven darling, shed 0.7 per cent as profit-taking kicked in, while Brent crude eked out a 0.2 per cent gain, buoyed perhaps by geopolitical jitters or steady demand signals.

Over in Asia, the MSCI Asia ex-Japan index dropped 0.9 per cent on Friday—its third straight day of losses—dragged down by tariff fears, though it still managed a 1.22 per cent weekly gain. Chinese tech stocks weren’t so lucky; profit-taking hammered the Hang Seng and CSI 300, which slumped 2.19 per cent and 1.52 per cent, respectively, as investors cashed out amid the overhang of potential trade disruptions.

Also Read: Examining global hybrid and remote work trends beyond the West

Looking ahead, this week’s economic calendar is packed with potential market movers. Friday’s US Personal Consumption Expenditures (PCE) data—the Fed’s preferred inflation gauge—will be the headliner, offering fresh clues on whether those upwardly revised inflation projections hold water.

Earlier in the week, the UK’s February CPI on Tuesday and Tokyo’s March CPI on Friday will shed light on global price trends. Stateside, the Congressional Budget Office’s debt ceiling estimate on Wednesday could stir the pot, especially with the Treasury’s cash pile under scrutiny.

And let’s not forget the steady drumbeat of Fedspeak—comments from Fed officials could either soothe or spook markets, depending on their tone.

Asia’s in the spotlight too. The China Development Forum, which kicked off in Beijing on Sunday and wraps up today, Monday, March 24, has drawn global business leaders eager to gauge China’s next moves. Some are slated to meet President Xi Jinping later this week, a rare chance to take the pulse of China’s leadership amid trade tensions. Early trading in Asian equities today has been a mixed bag, reflecting the push and pull of optimism over narrower tariffs and lingering unease about what’s next.

Then there’s the crypto angle, which has been lighting up financial headlines. Bitcoin, XRP, and Solana (SOL) kicked off Monday with gains, riding a wave of positivity tied to those reports of more targeted Trump tariffs. Bitcoin’s hovering around US$86,500, up 2.7 per cent in the last 24 hours, while SOL’s outpacing the pack with a near six per cent jump to US$138. The S&P 500 futures are cheering, too, pointing to a higher open for US stocks.

It’s tempting to see this as a sign that Bitcoin may have found a floor, with some analysts eyeing a rebound toward US$90,000 if tariff fears continue to ease and the Fed holds steady. Trump’s signalling of a lighter touch on trade and the Fed’s resistance to knee-jerk rate cuts last week seems to have injected a dose of cautious optimism into the crypto space.

Also Read: Global economic shake-up: Bitcoin hits US$90K, German bonds slide

Michael Saylor’s MicroStrategy is another piece of this puzzle. The company’s CEO has been dropping hints via his “Saylor Bitcoin Tracker” posts on X, a reliable signal that more Bitcoin buys are coming. Sure enough, the word is that MicroStrategy might announce a massive purchase—potentially 500,000 BTC, worth billions—tomorrow morning.

Saylor’s strategy of scooping up Bitcoin during dips has turned MicroStrategy into a crypto behemoth, with its holdings currently valued at US$8.73 billion, down from a peak of US$19.50 billion. It’s a bold bet on Bitcoin’s long-term value, and if this rumoured US$21 billion acquisition pans out, it could light a fire under the market just as sentiment starts to thaw.

Fidelity Investments is making waves too, stepping into blockchain tokenisation with a filing to register a tokenised version of its US dollar money market fund on the Ethereum network. Submitted last Thursday to the SEC, the plan involves a new “OnChain” share class for its US$80 million Fidelity Treasury Digital Fund, mostly made up of US Treasury bills.

It’s a move that echoes efforts by BlackRock and Franklin Templeton, signalling that traditional finance is increasingly cozying up to blockchain’s promise of transparency and efficiency. If approved, it could mark a turning point for how institutional money flows into digital assets.

Ethereum itself is a bit of a paradox right now. The price has been sliding—down over 51 per cent from its December peak of US$4,100 to around US$2,000—yet so-called “Ethereum whales” are quietly stacking their bags. Glassnode data shows wallets holding at least US$100,000 worth of ETH jumped from 70,000 on March 10 to over 75,000 by March 22, a stark contrast to the 146,000 seen when ETH was flying high in December. Analysts are eyeing a potential breakout to US$2,200 if buying pressure builds, but for now, ETH’s stuck in a rut, caught between whale accumulation and broader market malaise.

The prospect of more targeted tariffs is a lifeline for markets desperate for clarity, but the risks haven’t vanished—they’ve just shifted shape. The Fed’s juggling act—balancing inflation worries with growth concerns—keeps everyone guessing, and this week’s data could tip the scales either way.

Crypto’s riding a wave of cautious hope, bolstered by big players like Saylor and Fidelity, but it’s tethered to the same macro uncertainties as equities and bonds. Asia’s fate hinges on how China navigates this tariff tightrope, and the US debt ceiling looms as a wildcard. It’s a high-stakes game, and while the pieces are moving, the board’s still a mess.

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.

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Image credit: DALL-E

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DualSafe unlocks safety: A smart, two-in-one helmet built for the modern rider

DualSafe’s two-in-one helmet

In the bustling streets of Chandigarh in north India where two-wheelers weave through traffic and helmet laws are strictly enforced, Arvind Sethi, CEO and co-founder of DualSafe, experienced a life-altering moment. Years ago, a near-fatal accident left him shaken but unscathed—thanks to a properly strapped helmet.

That incident, coupled with the daily hassle of managing helmets for himself and his wife, planted the seed for an idea: a smarter, more practical safety solution for riders.

Fast forward to 2025, and DualSafe’s innovative two-in-one wearable safety helmet is turning heads, not just in India but globally, as it redefines road safety with a blend of ingenuity and advanced technology.

A helmet born from pain points

For Sethi, the inspiration behind DualSafe’s flagship product, the dual helmet, was deeply personal. Growing up in Chandigarh, a city known for its disciplined traffic culture, he was no stranger to the logistical headache of carrying, storing, and maintaining helmets. “Even one helmet can be a hassle, let alone two,” he recalls.

The problem compounds for pillion riders, who are often handed substandard helmets—if any at all—leaving them disproportionately vulnerable in accidents. Add to that the wear and tear from sun, pollution, and moisture, plus hygiene issues like hair fall from sweaty, dirty helmets, and it’s no wonder many riders skip this critical safety gear altogether.

DualSafe set out to solve these pain points with a helmet that’s more than just protective headgear—it’s a safety gadget. Launched after over four years of development, the dual helmet is a two-in-one design that fits seamlessly into the limited storage of standard two-wheelers while packing advanced features like mobile connectivity, helmet-to-helmet communication, and an integrated camera.

Recognised by SiliconIndia as one of the Top 10 wearable startups in 2023, DualSafe’s minimum viable product (MVP) showcases IoT capabilities that hint at its potential to evolve into a fully connected device.

How it works: Safety meets convenience

The dual helmet tackles the practical and safety challenges head-on. Its compact, patented design ensures both rider and pillion helmets slot into a single unit, eliminating the need to juggle multiple pieces.

A protective shell shields the interior from environmental damage, while enhanced ventilation and a cooling effect keep riders comfortable, even at sweltering traffic stops.

Also Read: Indonesian startup Helmad turns your two-wheeler helmet into a moving billboard

Perhaps most impressively, the helmet’s structural design mimics the multi-directional impact protection system (MIPS)—a premium feature that typically adds €50-60 (US$54-65) to a helmet’s cost—without the extra price tag.

In a country like India, where road accidents claim over 150,000 lives annually, and helmet non-compliance remains a stubborn issue, DualSafe’s approach could be a game-changer. By addressing usability (storage and hygiene) alongside safety (MIPS-like protection), the helmet encourages consistent use—potentially shifting rider behaviour in a market where enforcement alone isn’t enough.

Watch it in action here: Dual helmet demo.

From concept to reality: A four-year journey

The road to DualSafe’s MVP wasn’t without bumps. Sethi and his team finalised the concept in April 2020, partnering with InventIndia Innovations Private Limited to bring it to life. But the COVID-19 pandemic threw a wrench in their plans.

“We couldn’t find a single vendor in India with the capacity and capability to develop the protective shell per our design,” Sethi explains. After a global search, DualSafe turned to manufacturers in Hong Kong and China to complete the critical component.

Four years later, the result is a helmet that’s not only functional but scalable. With patents secured in India, the UK, and the USA, and a Patent Cooperation Treaty (PCT) clearing 10 claims, DualSafe has already brainstormed 11 additional features based on expert feedback—think geospatial photography, RFID sensor scanning, and volumetric video cameras for AR/VR integration.

A business model built for scale

DualSafe co-founder-couple Arvind and Anupama Sethi

DualSafe’s revenue strategy is as ambitious as its product. The company is targeting B2B sales, with ongoing talks with two-wheeler manufacturers, taxi aggregators, delivery organisations like Zypp Electric and rental organisations (details remain under NDA).

From there, the plan is to flow into B2B2C and B2G channels through dealerships, eventually hitting a threshold of 150,000 helmets annually to launch direct-to-consumer (D2C) sales via their website and marketplaces.

Globally, DualSafe has its sights on 62 countries with significant two-wheeler populations, 34 of which mandate helmets for both riders and pillion passengers. Exports are on the horizon, starting with the US, UAE, and South Africa. For markets with stringent certifications like DoT, SNELL, or ECE, Sethi envisions a royalty model, licensing DualSafe’s patented tech to local manufacturers. “It’s impossible to achieve every certification ourselves,” he admits, “but we can still bring the benefits of DualSafe to riders everywhere.”

Beyond two-wheelers: A helmet for all

While two-wheeler safety is DualSafe’s core focus, its applications extend far beyond. Industries like mining, construction, cement, oil rigs, and defence have shown interest, drawn by the helmet’s compact storage and IoT features.

Imagine a construction site where helmets double as communication hubs via Wi-Fi or RF, or an oil rig where a chinstrap alarm ensures compliance. Features like speed monitoring, geospatial tracking, and 360-degree environmental scanning could even transform the Dual Helmet into an industrial “black box” for safety audits.

Driving change in India and beyond

In India, where helmet compliance lags despite alarming accident stats, DualSafe’s strategy hinges on redefining the helmet experience. “It’s not just about meeting regulations,” Sethi says. “It’s about making helmets something riders want to wear.” Enhanced comfort and built-in safety features address the root causes of non-compliance— inconvenience, discomfort, and poor quality—while partnerships with major manufacturers could flood the market with DualSafe helmets, normalising their use.

Internationally, regulatory navigation remains a challenge, but Sethi is optimistic. Tie-ups via the royalty model will ease entry into complex markets, ensuring DualSafe’s vision reaches riders worldwide.

The future is smart—and safe

As smart wearables gain traction—much like wristwatches evolved into fitness trackers—Sethi sees helmets following suit. “Safety headgear will be replaced by safety gadgets, especially two-in-one designs,” he predicts. With its blend of practicality, protection, and IoT potential, the dual helmet is poised to lead that charge, proving that innovation can save lives, one ride at a time.

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Stride lands Series A funding to power rooftop solar expansion in Vietnam

Vietnamese solar energy firm Stride has announced that it has secured a Series A equity investment from new investor UOB Venture Management, alongside existing investors Clime Capital and Touchstone Partners.

This round comes less than a year after the company secured US$3 million in a debt financing facility from the Swedish solar investment platform Trine.

The company stated that this fresh capital injection will be crucial in scaling its operations and unlocking further green financing opportunities from current and potential lenders.

Stride’s business model revolves around a platform that integrates tailored financing, technology, and quality assurance to simplify adopting rooftop solar and battery energy storage systems for residential and small and medium-sized enterprise (SME) customers across Vietnam.

The firm claims it has experienced rapid growth through strategic partnerships with a wide network of solar installers. This network, combined with Stride’s proprietary digital platform, ensures that homeowners and SMEs receive high-quality solar installations.

This development aligns with Vietnam’s ambitious plans to increase its solar power capacity. The Ministry of Industry and Trade (MoIT) is revising its Power Development Plan VIII (PDP8) to elevate the targeted solar power capacity from over 25GW to 34GW by 2030.

Also Read: Swedish firm Trine backs Vietnamese solar energy startup Stride

Notably, solar energy is expected to constitute approximately 45 per cent of this added power capacity. Stride believes its innovative platform will play a significant role in supporting PDP8 and facilitating the widespread adoption of solar energy in Vietnam.

Andrew Fairthorne, co-founder and CEO at Stride, said this funding will contribute to Vietnam’s climate goals by enabling more households and small businesses to access cost-efficient green energy.

Clarissa Loh, Executive Director at UOB Venture Management, commented on Stride’s unique position in supporting micro businesses transitioning to solar energy via rooftop installations. She stated that Stride is making a significant contribution to Vietnam’s clean energy transition needs, especially considering the country’s vulnerability to climate change impacts. Furthermore, she added that this new financing round will enable Stride to expand its solution and generate positive social and environmental impact within the ASEAN region.

Since its establishment in 2021, Stride has rapidly expanded its presence across Vietnam, establishing itself as a leading provider of financed clean energy solutions for Vietnamese residential and SME customers.

Previously, Stride raised seed-stage equity capital from Clime in May 2023 through its first fund, SEACEF I, and Touchstone Partners.

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Adopting electric trucks for a greener logistics future in Singapore

Moving towards greener solutions in Singapore’s logistics industry is about more than just meeting environmental goals. It’s about businesses collectively enhancing operational efficiency, reducing costs, and leading the way in innovation.

As we continue to focus on shaping the future of logistics, DSV Singapore is proud to announce a recent milestone in our journey toward a greener supply chain with the acquisition of two Volvo Electric Trucks in Singapore. The delivery of the Volvo FL Electric and Volvo FM Electric models marks a significant moment for our operations and signals our commitment to adopting advanced technologies that help reduce environmental impact while delivering effective logistics solutions.  

The acquisition of these electric vehicles is essential for our green logistics operations, significantly reducing carbon emissions across supply chains. The Volvo FL Electric, optimised for urban distribution, is ideal for navigating Singapore’s busy streets and supporting cargo deliveries.

On the other hand, the Volvo FM Electric, with its larger capacity and longer-range capabilities, will support our long-haul operations. Together, these trucks represent the latest advancements in electric vehicle technology and offer cleaner, more efficient transportation solutions to our customers. 

At DSV, we recognise the importance of supporting Volvo’s goal of achieving net-zero emissions by 2050. As businesses, we have a responsibility to contribute to global sustainability efforts by adopting environmentally responsible practices that reduce our collective carbon footprint. This responsibility extends beyond simply meeting regulatory requirements; it is about taking proactive steps to help address the pressing environmental challenges of our time.  

The Singapore Green Plan 2030 sets ambitious targets, including increasing the adoption of electric vehicles (EVs) for both public and private sector fleets. As part of this strategy, Singapore plans to make significant investments in EV infrastructure, encourage the use of green technologies, and reduce the carbon footprint of the transport sector.

Also Read: Electrifying Southeast Asia: Unleashing the radical potential of electric vehicles

Furthermore, the Green Plan emphasises the importance of collaboration among businesses, government agencies, and the public to achieve these sustainability goals. Our partnership with Volvo supports this collaborative approach.

By adopting Volvo electric trucks, DSV contributes to Singapore’s long-term vision of becoming a carbon-neutral city-state by 2050, in line with Singapore’s national climate target. This commitment to further reduce emissions sets a benchmark for responsible logistics aligned with global and national sustainability goals. 

Feedback from our clients has been overwhelmingly positive, and we see this as the onset of a promising transition. We are confident that this shift will not only enhance the efficiency of our operations but also support our customer’s own sustainability initiatives.

As we continue to grow, we are actively working with other stakeholders in the logistics industry to explore how electric vehicles can further optimise supply chains and contribute to a greener logistics landscape.  

The positive strides we’re making here in Singapore are part of our broader global vision to lead the logistics industry toward sustainable practices. The partnership with Volvo Trucks is a critical part of this strategy, and we are confident that this will deliver a lasting impact on our operations, the environment, and the logistics needs of our customers.  

As we drive forward with our green initiatives, we remain focused on fostering innovation, delivering high-quality service, and helping our customers achieve their sustainability goals. The introduction of Volvo Electric Trucks into our fleet is just one step in our broader journey, but it is one that positions DSV and our partners for success in the future of green logistics. 

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 us on InstagramFacebookX, and LinkedIn to stay connected.

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Philippine VC Kaya Founders backs AI, fintech, and B2B innovators in 2025

The Kaya Founders team

Manila-based early-stage VC firm Kaya Founders has announced a series of new and follow-on investments at the start of 2025, demonstrating a strong belief in the potential of the Philippine tech startup ecosystem despite a more subdued funding environment across Southeast Asia in recent quarters.

The latest additions to Kaya Founders’s portfolio include fintech company LenderLink, an alternative credit data provider for consumer lenders; insurtech ProTech, which offers device insurance for emerging markets; and Foodoo, an F&B startup streamlining transactions within the B2B food industry. These investments were made through its ‘Zero to One Fund’ and seed to Series A-focused’ One to Ten Fund’.

Also Read: Kaya Founders looks to back 30-40 startups in SEA with new funds

In addition, Kaya Founders has participated in follow-on pre-Series A funding rounds for two existing portfolio companies: Sourcy, a B2B AI product recommendation engine, and EDGE Tutor, an online tutoring outsourcing company.

Ray Alimurung, General Partner at Kaya Founders, stated, “We believe in investing in the foundational rails for key industries in the Philippines, such as lending and food service. Like the Meta’s and the Amazon’s of the world have previously enabled, we see a future where new business models can be unlocked and built on top of the infrastructure and technology created by our latest portfolio companies.”

Founded in 2021, Kaya Founders is led by Campos (co-founder and former CEO of ZALORA Philippines), Ray Alimurung (former CEO of Lazada Philippines), and Lisa Gokongwei-Cheng (founder and CEO of Summit Media). Kaya invests in the next generation of tech-enabled companies in the Philippines and Southeast Asia. It invests in pre-seed to Series A companies, with cheque sizes ranging between US$100,000 and US$500,000.

Earlier in 2025, Kaya Founders outlined its investment themes for the year, which centre on three key areas: (1) AI-powered B2B platforms transforming the Philippines’s largest industries, (2) tech-enabled B2C models for the country’s emerging middle class, and (3) embedded credit solutions fuelling SME growth and empowering consumers.

Also Read: 🇵🇭 Mapping the future: 30 most exciting startups in the Philippines

The VC firm has made 50 investments, spanning e-commerce, SaaS, healthcare, financial services, and agriculture. Its noteworthy investments include Etaily (announced a US$17.8 million Series A funding round in November 2023), cloud logistics platform Locad (raised its own US$11 million Series A round in January 2023), salary on-demand provider Advance, global plastic credits marketplace Plastic Credit Exchange, and microinsurance platform RuralNet.

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Why startups need mobile apps to thrive in today’s competitive market

Most likely, you’ve more often than not visited various websites to purchase a product. In fact, there are a large portion of consumers who do online shopping only, and never go to physically touch their purchased item until they receive it via mail. With this in mind, it can seem nearly impossible to become a startup in the modern business climate.

Unfortunately, with over 137,000 new startups created worldwide, the numbers seem to back this conclusion. After 5 years, over 120,000 of those startups will have shut down. So, how can you differentiate your business and give it the best chance of prosperity?

One of the biggest priorities for many startups is simply being known. Fortunately, like large businesses nowadays, small businesses too can utilise the internet as a tool. Websites, for instance, help to not only explain everything about your business, but it increases memorability and helps customers easily explain your business to their friends. It also lends a certain authority and authenticity to your business.

However, as many people have traded in their home computers and laptops for smartphones and tablets, websites have taken a backseat to mobile applications in recent years. Therefore, for a startup in today’s society, it makes sense to harness that energy on building a good app for their business.

And, to ensure the app is a good one, certain criteria must be met to ensure an enjoyable user experience. Most importantly, an app should be easy to access and simple to use so that it won’t intimidate or discourage any potential customers. However, it should also be accessible to everyone, like having multi-language support or accessibility features built in.

Monetising mobile apps for business growth

All this authenticity and publicity from websites, mobile apps, or both can result in a higher likelihood of venture capital (VC) funding. This VC funding can easily be the catalyst to transform a teetering to a renowned success, meaning prolonged business lifespan and thus a higher likelihood of surviving. Aside from just attracting external investments, mobile apps themselves can become sources of income generation.

Also Read: Beyond the launch: What makes app fail?

Once you are able to build a solid consumer base for your business, you can monetise via app in a couple ways. Firstly, you could offer subscriptions to your customers, which not only brings in money in the short-term, but simultaneously increases the likelihood of future revenue. Similarly, you can integrate commerce directly into your app, giving your consumers more options while also diversifying your company’s sources of revenue.

Whereas the previous two methods heavily rely upon customer interaction, there are other methods which require little to no customer interaction. In-app ads are a reliable source of income, however it may come at the cost of losing customers who are irritated or frustrated by those ads.

Alternatively, you can monetise app data by selling consumer information, however this runs the same risk of losing customers who disagree with this policy. Unlike the first methods, these methods yield income in the short-term, but are potentially detrimental to long-term revenue.

Also Read: Transforming tech performance: A brain-friendly growth approach

Building an effective mobile app strategy

Regardless of methodology, the opportunity for mobile app profitability is undeniably there. By 2027, it’s estimated that US$186 billion will have been spent on applications. This figure is driven by the fact that in-app spending is expected to grow by 267 per cent and average revenue per download is growing to US$9.46.

Unfortunately, creating a mobile app for your startup is easier said than done. This rings doubly true for startup founders, who often struggle to find time to do anything that isn’t directly pertaining to the running of the business. So, what’s the best way to go about getting an app for your business?

Trusted mobile app development partners help you to build the app for your business, and help your mobile app scale alongside your company. These partners have experience managing millions of monthly active users and millions of search queries across 100’s of startup companies. Moreover, mobile app development partners greatly benefit from people who have expertise in your industry.

Ultimately, if you’re looking to grow your business’s digital presence or create a mobile app, mobile app development partners are an absolute necessity for your business.

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Transparency, accuracy and validation key to building Singapore consumers’ trust in AI agents: Report

As artificial intelligence (AI) continues to shape the future of financial services, Singapore consumers are increasingly open to the technology’s potential but remain cautious about its implementation. According to Salesforce’s latest Connected Financial Services report, 65 per cent of Singapore consumers somewhat trust AI agents in financial services, yet only 12 per cent express full confidence.

The survey, which gathered insights from 9,500 financial services institution (FSI) consumers globally — including 500 from Singapore — revealed strong optimism about AI’s potential impact. A majority of Singapore respondents (60 per cent) expect AI to play a more significant role in financial services than in other industries.

Among millennials and Gen Z consumers, the sentiment is even stronger, with 63 per cent and 53 per cent, respectively, expressing bullish expectations.

Much of this optimism stems from the promise of increased efficiency. The study found that 74 per cent of Singapore consumers believe AI can speed up financial transactions, reflecting a strong desire for faster and more seamless services. Still, while consumers see the value of AI, concerns about trust remain at the forefront.

The survey highlights that the top factors critical to building trust in AI agents are transparency in their use, the accuracy of their outputs and the validation of those outputs. These elements, according to consumers, are essential for fostering confidence in AI-driven financial services.

Also Read: Higala extends seed round to bring instant payments to underserved banks in Philippines

“While consumers in Singapore recognise the benefits AI can offer, particularly in efficiency and fraud prevention, they are clearly signalling that trust needs to be earned,” the report noted.

Currently, personalisation remains an area where expectations are not being fully met. Only 17 per cent of Singapore consumers report being fully satisfied with the level of personalisation their banks deliver.

Despite advancements in data collection and analytics, consumers often face repetitive interactions — 55 per cent of respondents say they need to repeat or re-explain information to FSI representatives. This suggests a gap between technological capability and consumer experience.

At the same time, 75 per cent of Singapore consumers expect financial service providers to have consistent information about them across all touchpoints. Such expectations put additional pressure on institutions to improve the accuracy and reliability of AI systems managing customer data.

Beyond speed and personalisation, Singapore consumers also prioritise AI applications that address their key concerns. Solutions aimed at fraud prevention, cost reduction and handling routine tasks rank highest among the AI use cases consumers find most valuable.

“Consumers are interested in practical applications of AI that directly improve their financial well-being and security,” the report said.

The emphasis on transparency also reflects broader global conversations around ethical AI use. As AI agents increasingly assist or even replace human representatives, consumers want clear information on how decisions are made and assurance that outputs are monitored and corrected when necessary.

Also Read: Why is open banking the future of fintech?

Accuracy is equally vital. Mistakes or flawed recommendations from AI agents can severely damage consumer trust, especially in the context of financial decisions where errors may have significant consequences. Ensuring that AI outputs are validated — whether through human oversight or system redundancies — is viewed as a necessary safeguard.

While younger demographics such as millennials and Gen Z demonstrate greater optimism toward AI adoption, the report underscores that trust is not automatic. Building it will require deliberate efforts from financial institutions to meet expectations around transparency, accuracy and validation.

Ultimately, the findings suggest that for AI agents to gain broader acceptance in Singapore’s financial services sector, institutions must balance innovation with a consumer-first approach.

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The neuroscience of startups: Unlocking the brain’s potential for business success

Startups are like the human brain — complex, adaptable, and full of untapped potential. But what if we could decode the brain’s secrets to supercharge a startup’s success? This isn’t science fiction; it’s neuroscience and has the power to revolutionise how startups operate.

In this article, we’ll dive into how neuroscience principles can help startups make better decisions, build stronger teams, and, ultimately, thrive in today’s competitive landscape.

The decision-making circuit

The prefrontal cortex, the brain’s decision-making centre, is a hotbed of activity when we’re faced with choices. Startups are no different; they’re constantly making decisions—from product development to hiring. Understanding the neuroscience behind decision-making can help startups avoid common pitfalls like analysis paralysis or impulsive choices.

Use techniques like mindfulness or decision matrices to engage your prefrontal cortex and make more rational decisions.

Practising mindfulness can help you develop a heightened sense of self-awareness. It enables you to observe your thoughts and feelings without judgment, allowing you to identify any negative patterns that may be holding you back. This awareness can help you stay focused on the present moment and avoid being sidetracked by distractions or anxieties.

Decision matrices are a tool that can help you make more informed choices by evaluating a range of options across different criteria. By assigning weightings or scores to different factors, you can objectively assess which option is likely to best align with your goals. This approach can be particularly useful when faced with complex or uncertain decisions, as it provides a structured way to break down the problem into manageable pieces.

Also Read: How mental health startup Intellect’s founder catalysed his personal battle with anxiety

Emotional Intelligence and team dynamics

The amygdala, often called the brain’s emotional centre, plays a crucial role in how we interact with others. A startup team that understands the neuroscience of emotions can foster better communication, resolve conflicts more effectively, and build a more cohesive unit.

Emotional intelligence training can help team members become more aware of their own emotional triggers and better understand the emotional cues of others.

Emotional intelligence training is a valuable tool for equipping team members with the necessary skills to recognise and manage their own emotions effectively. This training also enables them to interpret and respond to the emotions of others in a productive and empathetic manner, thus fostering stronger communication and collaboration among team members.

By improving their emotional intelligence, team members learn to recognise and regulate emotions, increase self-awareness, and develop better coping mechanisms, ultimately helping them to navigate challenging situations more effectively. Additionally, emotional intelligence training promotes a positive work environment by reducing misunderstandings and conflicts and encouraging a culture of mutual respect and understanding.

The dopamine effect: Motivation and productivity

Dopamine is the brain’s “reward molecule,” and it’s key to motivation and focus—two essential elements for startup success. By understanding how dopamine works, startups can create an environment that keeps the team motivated and focused on their goals.

Small wins and positive reinforcement can trigger dopamine release, boosting motivation and productivity.

When team members achieve small goals or make progress towards larger ones, acknowledging their efforts and offering positive reinforcement can have a significant impact on their motivation and productivity. This is because when a person feels good about their accomplishments, their brain releases dopamine — a neurotransmitter associated with pleasure and reward.

By celebrating these small wins, team members are encouraged to repeat the behaviours that led to their success, creating a cycle of motivation and productivity. Positive reinforcement can take many forms, including verbal praise, written recognition, or tangible rewards, and is a powerful tool for boosting team morale and engagement.

Stress, cortisol, and burnout

Startups are stressful, and chronic stress can lead to burnout. The stress hormone cortisol can impair decision-making and harm team dynamics. Understanding how stress affects the brain can help startups implement strategies to manage it.

Techniques like mindfulness, exercise, and regular breaks can help manage cortisol levels and reduce stress.

Practising mindfulness involves paying attention to the present moment without judgment, which can help you become more self-aware and better equipped to manage your emotions. Additionally, engaging in regular exercise has been proven to reduce cortisol levels – the hormone responsible for stress – and promote overall physical and mental well-being.

Also Read: 26 fintech startups that raised funding in 2023 so far

It’s also essential to take regular breaks throughout the day to prevent mental fatigue and decision-making errors. Taking a few minutes to step away from your work, stretch your legs, or practice deep breathing exercises can help you recharge your batteries and improve your focus and productivity. Incorporating these simple practices into your daily routine can help you manage stress and improve your overall well-being.

Neuroplasticity: The power of adaptability

The brain’s ability to rewire itself—known as neuroplasticity—offers valuable lessons for startups. In a constantly changing business landscape, the ability to adapt is crucial for survival.

Encourage a culture of continuous learning and adaptability. The more flexible your startup is, the better it can navigate challenges.

When team members are encouraged to acquire new skills and knowledge and adapt to changing circumstances, they become more equipped to handle challenges that may arise. This not only makes your startup more resilient but it also boosts the confidence and morale of your team members, leading to increased productivity and job satisfaction. By investing in the growth and development of your team members, you are creating a strong foundation for your startup to thrive and succeed in the long run.

Neuroscience isn’t just for scientists; it’s a treasure trove of insights that can help startups operate more effectively and efficiently. By understanding how the brain works, startups can make better decisions, build stronger teams, and create a culture that fosters success.

Further reading:

  • Thinking, Fast and Slow by Daniel Kahneman
  • Emotional Intelligence by Daniel Goleman
  • The Upward Spiral by Alex Korb

So, the next time you’re faced with a startup challenge, don’t just think like an entrepreneur; think like a neuroscientist. The brain holds the keys to your startup’s success; you need to unlock them.

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This article was first published on September 12, 2023

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