Seedstars Summit Asia

November 27 – 30, 2019

FACTORY Phnom Penh, Cambodia

Seedstars World, a global pitch competition for startups in emerging markets, held its last Asia competition of the year in Cambodia, bringing together early-stage companies, investors, and mentors from over 15 countries. 

The three-day program kicked off with a startup bootcamp on Day 1, followed by the Investor Forum on Day 2. This gave startups time with Seedstars’ carefully selected mentors, who coached them before the afternoon session, where they were asked to pitch to an audience of investors. 

Event organizers also used the investor pitching sessions as an opportunity to share updates and statistics about Seedstars’ work. Charlie Graham Brown, Chief Information Officer (CIO) of Seedstars, presented a deck with some key numbers. Out of the startups present at the Asia Summit, 41% had been accelerated. Brown marked this as a “strong sign that there is upcoming support” in these startups’ countries of origin.

The final day of the program was open to the public, and began with workshops and networking before the main events in the afternoon. Post-lunch, the audience was treated to a packed lineup of keynotes, elevator pitches, and a panel on Asia’s investment landscape. 

First to the stage after opening speeches was Techladies Founder Elisha Tan, who spoke on gender diversity in the workplace. Her keynote was followed by EcoEnergyFinance CEO and Co-founder Shazia Khan, who shared her insights on tackling competitors in the market. 

The keynotes were followed by a lightning round of startup pitches, with founders taking the stage one after another to share their business ideas. 

An illuminating panel discussion on tech investing dominated the second half of the afternoon. Featuring Cocoon Capital Managing Partner Michael Blakey, 500 TukTuks Investment Manager Pun Jaruthassanakul, and Bora Kem, Partner at Mekong Strategic Partners, the three investors discussed multiple aspects of the investment landscape in Asia and offered advice to founders in the audience.

“Sometimes you have great founders who are starting companies that have huge regulatory hurdles to jump,” said Kem, adding that startups should be aware that funding may not be enough to get them through.

Blakey added that just as venture capitalists do due diligence on companies, founders must also do the same for any VCs they are approaching. 

After a day full of informative keynotes and pitches, the time came at last to announce the startups that made it through to the global Seedstars Summit to be held in 2020. The following early-stage companies made it through:

Recyglo – subscription-based waste management for businesses

Cropital – crowdfunding platform connecting smallholder farmers to lenders

Niunet – subscription-based digital learning for rural communities in papua new guinea

TraSeable Solutions – blockchain-based tracking for the seafood industry 

Resync – smart energy management for optimized and reliable power

Duithape – e-payments for distributing payments to unbanked people in Indonesia

An vui – digitizing passenger transport systems to increase efficiency

SmartPei – secure payments without the need for a credit card

SALA – paperless academic management platform for admissions and student data

iLoan – Blockchain-powered loan aggregator for SMEs in Sri Lanka 

iFarmer – Risk-reduction for farmers through data and financing

Web2Ship – Logistics platform matching online sellers with cross-border shipping services

Offering Happiness – Surprise-planning platform specializing in gifts and experiences

WonderTree  Physiotherapy and Special Education using gamification and AR

Seedstars’ talent at discovering and honing startups in Asia became clear through their action-packed and relevant program. Selected startups will pitch in Lausanne, Switzerland at the global Summit in April 2020, standing the chance to win up to US$500,000 in equity. –NB

seedstarsworld.com

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Step Into Tomorrow: Explore the Wonders of InnoEX 2024 in Hong Kong

In the bustling city of Hong Kong, where over seven million people reside, the call for smarter, more livable cities is louder than ever. This April, the Hong Kong Trade Development Council (HKTDC) steps up to answer that call with the InnoEX and the landmark 20th edition of the HKTDC Hong Kong Electronics Fair (Spring Edition) (EFSE). Backed by the visionary efforts of the HKSAR Government Innovation, Technology and Industry Bureau and the HKTDC, these tech expos are set to feature the latest and greatest innovation from over 3000 exhibitors from more than 20 nations and regions. 

Cloud Software Group and Microsoft Forge Strategic Cloud and AI Partnership

Cloud Software Group Inc. and Microsoft Corp. have announced an expansion of their long-standing collaboration through an eight-year strategic partnership. This partnership aims to strengthen the go-to-market collaboration for the Citrix virtual application and desktop platform and facilitate the development of new cloud and AI solutions. As part of the agreement, Cloud Software Group will commit US$1.65 billion to Microsoft’s cloud services and generative AI capabilities.

The Best 4 Hardware Crypto Wallets of 2024

After a long crypto winter since the spring of 2022, the crypto world has been buzzing with activity recently. In January, the U.S. saw the approval of Bitcoin ETFs; on March 14, Bitcoin’s price soared to an all-time high of US$73,835—obviously, there is an upsurge in interest in the crypto market. 

SUNRATE Empowers B2B Transactions with Apple Pay Integration

SUNRATE, a global payment and treasury management platform for businesses, announced the integration of Apple Pay for its customers, offering a safer and more private payment method. This move leverages the advanced security features of the iPhone to protect transactions and aligns with the growing demand for seamless and secure business transactions.