Dear Pro member,
Welcome back from the International Labour Day weekend.
We started off with a Pre-Series A funding announcement by Malaysia-based HOMA2U. The company will also channel the funds to help people amplify their commitment to sustainability through their Yellow Boxes product and online platform.
Mitsubishi and MUFG bank are also set to launch a US$1 billion decarbonisation fund.
Apart from that, we also published a handy list of e27 Connect investors that have been actively investing in the last weeks of April. From Better Bite to Qualgro, almost eight e27 Connect investors were among those that invested in Southeast Asian tech companies.
This is the top story of this edition of Ecosystem Roundup.
Also, take a look at the other major developments in Southeast Asia’s startup industry.
Regards,
Anisa
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HOMA2U secures US$875K in Pre-Series A funding, eyes regional expansion
HOMA2U will also channel the funds to help people amplify their commitment to sustainability through their Yellow Boxes and online platform.
In 50 words: Mitsubishi, MUFG bank to launch US$1B decarbonisation fund
Mitsubishi Corp., in collaboration with MUFG bank and other partners, plans to launch a US$1 billion decarbonization fund to invest in startups with innovative technology in fields like floating offshore wind turbines and sustainable aviation fuel.
Temasek-backed healthtech startup PharmEasy latest to lay off employees
While the total number of affected employees could not be determined, according to DealstreetAsia, the number could be around 40 per cent of the workforce.
ID e-commerce firm Blibli narrows losses by 17 per cent in Q1
According to Blibli, this growth was particularly driven by its third-party (3P) retail business.
Meet the e27 Connect VCs that invested in April second half
From Better Bite to Qualgro, almost eight e27 Connect investors were among those that invested in Southeast Asian tech companies.
Take a look at the top news stories published this week
From GoTo’s release of Q1 financial results to Selex Motors’s US$3M financing, the region’s startup ecosystem saw many major deals this week
How you will reach your customer in blockchain future
One of the promises of the blockchain is, it can provide an infrastructure that enables direct connection between the party.
‘AIR’ review: 3 lessons for dealmaking and entrepreneurship
Nike has effectively over 70 per cent share in the basketball shoe market; this article summarises three key takeaways for founders and VCs from the movie, AIR
How BNPL can provide lower-income households with new opportunities
BNPL solutions are stimulating economic growth, boosting retail sales, and decreasing debts in tandem for consumers
From human to AI: Embracing change and thriving in the new world of work
It’s time for us to consider the full potential of AI and explore ways to leverage it to enhance our business strategies
How EQ can skyrocket your success as a tech entrepreneur
EQ enables you to lead with empathy, collaborate effectively, make informed decisions, network confidently, and manage stress
In April, we hit the ground running with valuable lessons in entrepreneurship
As we have a better understanding of what our community members need, we come up with a better course of action in April
Throwback: What Choco Up wants you to know about running a revenue-based financing platform in Asia
Choco Up combines the use of technology and human touch in supporting the startup ecosystem. Find out how they do it
Throwback: Pitching 101: Questions that VCs will ask you during a pitch session
Even during the pandemic, opportunities to attend a pitching session with a potential investor remain abundant
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Echelon Asia Summit 2023 is bringing 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 get the chance to pitch to 5000+ delegates, among other benefits like a chance to connect with investors, visibility through e27 platform, and other prizes. Join TOP100 here.
Image Credit: Jason Goodman on Unsplash
The post Ecosystem Roundup: HOMA2U gets Pre-Series A, a handy list of active e27 Connect investors appeared first on e27.