Malaysian on-demand adtech firm Rodeo raises US$270K in funding
How: The cash was raised from 85 buyers, 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 through 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 lengthening extra income streams quite than sticking to only revenue from the same old few media that we use. One in every of our key methods which were put in place will likely be reaching out to extra clients through our Rodeo Residence Elevators,” stated CEO Valens Subramaniam.
Extra on Rodeo: An adtech firm specialised in transit media and digitalization. It supplies an promoting platform utilizing numerous autos equivalent to automobile, vans, bikes and even bicycles. It connects advertisers to focus on shoppers with related, interactive, participating and contextual commercials. It additionally supplies information and analytics for each marketing campaign that enables advertisers to observe 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, in the present day 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 part of JobKorea’s Board.
Plans: This funding will present a chance 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 sources in every location, differentiate it from different worldwide gamers.
For JobKorea, this partnership will present a chance to leverage SEEK’s skilled administration group and their vital 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 had been superior from an earlier Incubator programme which started in March. The inaugural 14-week ZILHive Incubator matched technical and non-technical members 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 levels of maturity. Startups within the accelerator will be capable of apply for added funding below ZILHive Grants, aimed toward supporting particular pre-launch wants equivalent to regulatory compliance or technical integration with third-party apps.
The eight startups are
Entry: Appears to fight ticketing fraud and forestall ticket scalping by issuing tickets as non-fungible tokens
Cerchia: Constructing blockchain-based instruments to assist disaster bond issuers, re-insurers, and buyers higher predict and value the dangers of pure hazards by way of crowdsourcing
Inexperienced Beanz: A undertaking that goals to incentivise consumer-facing corporations and NGOs to enhance the transparency and accuracy of their company social accountability and sustainable improvement objectives reporting
HeyAlfie: A sensible dashboard for customers to handle, make investments and borrow digital property by way of a single interface, by connecting a number of sorts of wallets (custodial, non-custodial, and even change accounts)
Invopay: An bill financing platform designed to assist small-to-medium enterprises (SMEs) higher handle their money move with low-interest loans secured on the blockchain
MustPool: A gamified no-loss prize protocol, the place the deposited precept stays protected and the prizes come from the curiosity earnings, leveraging totally different staking and lending dApps on Zilliqa
Tyron SSI Protocol: A self-sovereign id protocol that permits customers to handle entry to their information securely, whereas permitting them to supply 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 by way of using NFTs to characterize athletes within the numerous sports activities leagues.
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Picture Credit score: Rodeo
The submit In short: SEEK invests US$48M in JobKorea, ZILHive Accelerator unveils new cohort, Rodeo raises crowdfunding appeared first on e27.