Rodeo team
Malaysian on-demand adtech company Rodeo raises US$270K in funding
How: The money was raised from 85 investors, including Fidelity Funding, VJ Anand (ex-SVP Gojek), Nitesh Malani (chairman Yayasan Usahawan Malaysia), Simpson Wong (MD – XES), Akash Gupta (CEO – Zypp India), Shoant Tan (CEO – TanTanNews and Dipankar Mitra (CEO of Simbiotik Tech).
The money was raised via the equity crowdfunding platform pitchIN.
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Plans: “With the funds, we are able to put efforts towards building and extending more revenue streams rather than sticking to just profit from the usual few media that we use. One of our key strategies that have been put in place will be reaching out to more customers via our Rodeo Home Elevators,” said CEO Valens Subramaniam.
More on Rodeo: An adtech company specialised in transit media and digitalization. It provides an advertising platform using various vehicles such as car, trucks, motorcycles and even bicycles. It connects advertisers to target clients with relevant, interactive, engaging and contextual advertisements. It also provides data and analytics for every campaign that allows advertisers to monitor their campaign’s performance.
Australia’s SEEK invests in JobKorea
The story: SEEK Limited, the Australian listed tech company that owns two leading online employment marketplaces JobStreet and JobsDB in Southeast Asia, today announced a US$48M investment in JobKorea, Korea’s largest online employment platform.
SEEK will own a 10 per cent stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea’s Board.
Plans: This investment will provide an opportunity for SEEK to add value to JobKorea’s market-leading position, while SEEK focuses on its operations, fast-tracking its ongoing transformation and growth of its existing Asia businesses. SEEK’s digital teams continue to make major inroads in building products and solutions driven by AI and market data, which combined with SEEK’s deep local insights and resources in each location, differentiate it from other international players.
For JobKorea, this partnership will provide an opportunity to leverage SEEK’s experienced management team and their significant expertise in operating global online employment and human capital management platforms.
ZILHive Accelerator unveils new cohort of 8 startups
The story: Zilliqa, a Singapore-based blockchain platform, has announced its 2021-2022 cohort of ZILHive Accelerator projects. Six of the eight startups accepted into the Accelerator this year were advanced from an earlier Incubator programme which began in March. The inaugural 14-week ZILHive Incubator matched technical and non-technical participants into teams that could design and build innovative solutions on the Zilliqa blockchain protocol.
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What is ZILHive Accelerator: A six-month programme focused on launching blockchain-enabled projects from concept to commercialisation. The programme is part of ZILHive’s end-to-end ecosystem designed to foster innovative blockchain applications throughout various stages of maturity. Startups in the accelerator will be able to apply for additional funding under ZILHive Grants, aimed at supporting specific pre-launch needs such as regulatory compliance or technical integration with third-party apps.
The eight startups are
Access: Looks to combat ticketing fraud and prevent ticket scalping by issuing tickets as non-fungible tokens
Cerchia: Building blockchain-based tools to help catastrophe bond issuers, re-insurers, and investors better predict and price the risks of natural hazards through crowdsourcing
Green Beanz: A project that aims to incentivise consumer-facing companies and NGOs to improve the transparency and accuracy of their corporate social responsibility and sustainable development goals reporting
HeyAlfie: A smart dashboard for users to manage, invest and borrow digital assets through a single interface, by connecting multiple types of wallets (custodial, non-custodial, and even exchange accounts)
Invopay: An invoice financing platform designed to help small-to-medium enterprises (SMEs) better manage their cash flow with low-interest loans secured on the blockchain
MustPool: A gamified no-loss prize protocol, where the deposited principle remains safe and the prizes come from the interest earnings, leveraging different staking and lending dApps on Zilliqa
Tyron SSI Protocol: A self-sovereign identity protocol that enables users to manage access to their data securely, while allowing them to provide verified credentials selectively without relying on middlemen or centralized databases
Ultimate Franchise Fantasy Sports: A fantasy sports platform offering digital asset ownership to sports fans through the use of NFTs to represent athletes in the various sports leagues.
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Image Credit: Rodeo
The post In brief: SEEK invests US$48M in JobKorea, ZILHive Accelerator unveils new cohort, Rodeo raises crowdfunding appeared first on e27.