Posted on

Roundup: ShuttleOne raises US$500K seed funding round led by Sirius Venture

Blockchain-powered fintech startup ShuttleOne raises US$500K to expand in Malaysia, Indonesia

Sirius Venture Capital has invested US$500,000 seed funding in ShuttleOne, a blockchain-powered fintech firm based in Singapore.

According to a DealStreetAsia report, German investor Andromeda GmbH and private investors from Singapore, Indonesia, and Europe co-invested in the round.

ShuttleOne CEO Lim Hong Zhuang stated that the company will use the fresh funding to expand the company’s operations in Malaysia and Indonesia and to launch its services in Thailand and the Philippines.

ShuttleOne’s security modules on the blockchain will also be improved along with its corporate governance, he added.

ShuttleOne’s services include remittance services to individuals and loans to e-commerce merchants via its Smart Contracts blockchain protocols and digital tokens.

Founded in 2019, ShuttleOne obtained a licence from the Monetary Authority of Singapore.

Also Read: Enterprise drones startup Aerodyne raises US$30M; claims to have inspected over 250K assets in 25 countries

Wantedly launched initiative to help laid-off tech employees

Japanese job-seeking platform Wantedly has published a new platform, called ‘GET IN TOUCH’, targeting job seekers in the tech industry who were laid off in recent times.

Globally, the COVID-19 pandemic and the subsequent economic shutdown sees thousands of tech employees being laid off as coronavirus strains finances companies big and small.

Using the platform, tech jobseekers can brand themselves, boost their profiles, and find jobs within the tech industry.

Earlier this month, Wantedly also released a Hiring-Freeze Tracker for the Singapore and Hong Kong market aimed at helping users keep track of all companies hiring, freezing, or undergoing layoffs in the region, in aid of their employment search during the COVID-19 pandemic.

Tech Data partners Dataiku to accelerate AI Adoption for enterprises

Tech Data announced today it has partnered with Dataiku, an enterprise AI and machine learning platform to enable the former’s partners in Singapore, Indonesia and Vietnam to accelerate enterprise AI adoption by bringing together all the required business resources from data scientists, data engineers, business SMEs, and analytics users.

As a data-powered company, Dataiku provides a common ground for data experts and explorers, a repository of best practices, shortcuts to machine learning and AI deployment/management, and a centralised, controlled, and collaborative environment.

Also Read: Japanese social recruiting startup Wantedly set to IPO next month

Furthermore, partners in Singapore, Indonesia, and Vietnam can now leverage Dataiku’s collaborative end-to-end platform to deploy robotic process automation

e27 Pro membership will further empower you with insights, tools, and opportunities that help you solve the problems that hold you back. Begin your company’s journey to success here.

Image Credit: NeONBRAND on Unsplash

The post Roundup: ShuttleOne raises US$500K seed funding round led by Sirius Venture appeared first on e27.