Malaysian on-demand adtech firm Rodeo raises US$270K in funding
How: The cash was raised from 85 traders, together with Constancy 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 cash was raised by way of the fairness crowdfunding platform pitchIN.
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Plans: “With the funds, we’re in a position to put efforts in the direction of constructing and increasing extra income streams quite than sticking to simply revenue from the same old few media that we use. One in every of our key methods which have been put in place will probably be reaching out to extra prospects by way of our Rodeo Residence Elevators,” mentioned CEO Valens Subramaniam.
Extra on Rodeo: An adtech firm specialised in transit media and digitalization. It offers an promoting platform utilizing numerous automobiles similar to automobile, vehicles, bikes and even bicycles. It connects advertisers to focus on shoppers with related, interactive, partaking and contextual ads. It additionally offers information and analytics for each marketing campaign that enables advertisers to watch their marketing campaign’s efficiency.
Australia’s SEEK invests in JobKorea
The story: SEEK Restricted, the Australian listed tech firm that owns two main on-line employment marketplaces JobStreet and JobsDB in Southeast Asia, at present introduced a US$48M funding in JobKorea, Korea’s largest on-line employment platform.
SEEK will personal a ten per cent stake, and Peter Bithos, CEO of SEEK Asia, will be a part of JobKorea’s Board.
Plans: This funding will present a possibility for SEEK so as to add worth to JobKorea’s market-leading place, whereas SEEK focuses on its operations, fast-tracking its ongoing transformation and progress of its current Asia companies. SEEK’s digital groups proceed to make main inroads in constructing merchandise and options pushed by AI and market information, which mixed with SEEK’s deep native insights and assets in every location, differentiate it from different worldwide gamers.
For JobKorea, this partnership will present a possibility to leverage SEEK’s skilled administration crew and their important experience in working international on-line employment and human capital administration platforms.
ZILHive Accelerator unveils new cohort of 8 startups
The story: Zilliqa, a Singapore-based blockchain platform, has introduced its 2021-2022 cohort of ZILHive Accelerator tasks. Six of the eight startups accepted into the Accelerator this 12 months have been superior from an earlier Incubator programme which started in March. The inaugural 14-week ZILHive Incubator matched technical and non-technical individuals into groups that would design and construct modern options on the Zilliqa blockchain protocol.
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What’s ZILHive Accelerator: A six-month programme targeted on launching blockchain-enabled tasks from idea to commercialisation. The programme is a part of ZILHive’s end-to-end ecosystem designed to foster modern blockchain functions all through numerous phases of maturity. Startups within the accelerator will have the ability to apply for added funding beneath ZILHive Grants, aimed toward supporting particular pre-launch wants similar to regulatory compliance or technical integration with third-party apps.
The eight startups are
Entry: Seems to be to fight ticketing fraud and stop ticket scalping by issuing tickets as non-fungible tokens
Cerchia: Constructing blockchain-based instruments to assist disaster bond issuers, re-insurers, and traders higher predict and worth the dangers of pure hazards via crowdsourcing
Inexperienced Beanz: A mission that goals to incentivise consumer-facing firms and NGOs to enhance the transparency and accuracy of their company social duty and sustainable improvement targets reporting
HeyAlfie: A sensible dashboard for customers to handle, make investments and borrow digital property via a single interface, by connecting a number of forms of wallets (custodial, non-custodial, and even alternate accounts)
Invopay: An bill financing platform designed to assist small-to-medium enterprises (SMEs) higher handle their money circulate with low-interest loans secured on the blockchain
MustPool: A gamified no-loss prize protocol, the place the deposited precept stays secure and the prizes come from the curiosity earnings, leveraging completely different staking and lending dApps on Zilliqa
Tyron SSI Protocol: A self-sovereign id protocol that allows customers to handle entry to their information securely, whereas permitting them to offer verified credentials selectively with out counting on middlemen or centralized databases
Final Franchise Fantasy Sports activities: A fantasy sports activities platform providing digital asset possession to sports activities followers via using NFTs to symbolize athletes within the numerous sports activities leagues.
Picture Credit score: Rodeo
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