Singapore wants co-investors to pump $112M into deep tech startups

Singapore is seeking co-investors from the private sector with the goal to plow up to SG$150 million into its early-stage, deep tech startup community. It hopes to identify 10 to 15 such partners and target startups in three key sectors including health and biomedical sciences. 

Led by Enterprise Singapore’s investment arm Seeds Capital, the initiative will tap funds from the Startup SG Equity scheme, under which the government may invest in funds or work with qualified third-party investors to make direct co-investments into eligible startups.

With the new call-for-partnership, Seeds said in a statement Thursday it aimed to refresh and diversity its current pool of 30 co-investment partners across the three deep tech sectors, including advanced manufacturing and engineering as well as urban solutions and sustainability. These market segments were aligned with the country’s Research, Innovation, and Enterprise 2020 (RIE2020) Technology Domains, which aimed to boost Singapore’s research capabilities and

Read More

Can Bay Area startup’s firefighting drones save us from catastrophe?

With flame-ravaged Bay Area communities still mired in a tough recovery after California’s worst fire season destroyed more than 1,000 Bay Area homes, a Silicon Valley startup says its artificially intelligent firefighting drones could help stop future catastrophes.

If drones from Rain Industries had been in position around the Bay Area during this August’s lightning storms, the aircraft could have contained 72% of the fires within 10 minutes of ignition, the Palo Alto firm’s co-founder and CEO Maxwell Brodie said. “This is a transformative technology,” Brodie said. “If it is us or someone else that does this, it doesn’t really matter. This will happen.”

After starting out with a smaller, six-rotor prototype drone that successfully doused small fires by dropping balls full of retardant, Rain is now testing autonomous aircraft resembling small helicopters that it says can fly preemptively during potentially hazardous wildfire conditions and use their infrared sensors to

Read More

Kaz Software Introduces a New Model for Early Stage Software Startups to Go to Market – Press Release

Kaz Software offers early stage startups the opportunity to get their product to market within their budget.

November 30, 2020 – Kaz Software a top software development consultancy based in Dhaka, Bangladesh has announced a completely new model for engagement for early stage startups. Kaz has been working with software startups for the past sixteen years. Over the years it has seen that early stage startups find it extremely difficult to take their product concept to market without significant investments. Yet, most startups need a prototype application to pilot the concept and gather enough data to approach investors. Kaz’s new model of engagement with early stage startups will reduce this barrier to entry for the startups.

The newly introduced model with a tag line – “start up don’t burn up” provides startups a staged path to create their prototype. As the first stage a free wireframing phase is jointly

Read More

VCs Are Pouring Money Into the Wrong Education Startups

The Covid-19 pandemic has compelled students, teachers, and parents across the globe to embrace relatively new forms of education technology (edtech) quickly and on an unprecedented scale. At a glance, it would appear that edtech startups and their venture capital backers have responded swiftly and emphatically to meet this exceptional challenge. But a closer look also suggests some cause for serious concerns, particularly with respect to our most educationally vulnerable students.

WIRED OPINION

ABOUT

Thomas S. Dee is the Barnett Family Professor at Stanford University’s Graduate School of Education and a senior fellow at the Stanford Institute for Economic Policy Research.

Though the pandemic brought about a sharp and sudden economic contraction, overall VC investments have remained surprisingly robust. This is likely the result of both the push of low interest rates as well as the pull of new challenges in fields such as health, climate change, and education. Education

Read More

Google Opens Applications For Its Digital Accelerator Program From MENA Tech Startups

Google for Startups Accelerator: MENA to consider technology startups headquartered in the MENA region which have already raised seed funding.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


2 min read


You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Google has announced that applications for its three-month digital accelerator program, Google for Startups Accelerator: MENA, have been opened for Seed to Series A technology startups located in the MENA region.

Launched in early October as part of the Grow Stronger with Google regional program, the Google for Startups Accelerator: MENA application periond will remain open until December 31, 2020.

With an aim to bring the best of Google’s programs, products, people and technology to founder communities across the globe, the program is scheduled to be held virtually from January 2021.

A selected set of 10 to 15

Read More

Roadside Attractions – A Startup’s Plan To Support Britain’s Green Car Revolution

Petrol driven cars are set to disappear from Britain’s roads rather sooner than expected. Under the government’s updated “Green Industrial Revolution” plan, every new car sold from 2030 onwards must be either electric or an approved hybrid. This replaces a previous deadline of 2040.   

ADVERTISEMENT

All except the most hardened climate change skeptics will see this as a good thing, but a rapid transition to battery-powered mobility does pose certain short-term problems, not least in terms of providing a workable and user-friendly charging infrastructure.  

As things stand, even a rapid charging point will take around thirty minutes to pump up a battery from empty to full. Arguably that’s not too bad, but it compares unfavorably with the two or three minutes required to fill a petrol tank. Yes, you’re helping to save the planet but a half-hour wait is less than convenient.  

Read More

2 startups disrupting firms like McKinsey and Deloitte

  • Management consulting firms like the Big 3 and accounting firms like the Big 4 continue to dominate the multi-trillion-dollar professional services industry.
  • But technology poses a threat to these behemoths, and there’s an opportunity for innovative startups to disrupt the industry.
  • Business Insider spoke with the founders of two startups — Wonder and Vic.ai — and their investors about how their companies are shaking up the traditional consulting and accounting industries.
  • Visit Business Insider’s homepage for more stories.

Management consulting firms and accounting firms have for decades cemented themselves as important players in the business world due to their expertise, prestige, and size.

But technology is threatening to disrupt the professional services industry’s status quo, according to an October report from CB Insights, as innovations in information, expertise, insight, and execution threaten firms’ traditional way of doing business — and the high price tags their work commands.

Two startups, Wonder

Read More

India FinTech Forum Selects 27 Fintech Startups for IFTA 2020


2 min read

Opinions expressed by Entrepreneur contributors are their own.


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Non-profit fintech advocacy group India FinTech Forum announced on Tuesday the list of 27 fintech startups shortlisted for the 5th edition of India Fintech Awards (IFTA).

The startups will be giving live demos to the jury from 30 November till 2 December 2020 to compete for the Fintech Startup of the Year at the award ceremony. Furthermore, six innovative fintech companies will compete for the Fintech Scaleup of the Year award.

The fintech startups with high potential were chosen from a pool of over 600 applications received from across the globe such as the US, the UK, the UAE, Switzerland, Sweden, Spain, Singapore, Sri Lanka, Norway, New Zealand, Netherlands, Ireland, India, Hungary, Hong Kong, Germany, France, Canada, Brazil, and Algeria.

The non-profit initiative platform has

Read More

Hyundai Motor Group Announces an Accelerator Program for Tech Startups

The ZER01NE Accelerator 2020 open innovation platform facilitates collaboration between Hyundai Motor Group startups and teams on future technology projects.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


1 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


Hyundai Motor Group introduced its 2020 ZER01NE Accelerator, an open innovation platform that facilitates collaboration between startups and the Group’s internal teams on various projects.

This program discovers valued startups and develops strategic possibilities for the use of their new technologies.

Various teams within the Group have developed a total of 50 ZER01NE Accelerator projects on 10 topics including data, user experience, human-machine interface, mobility, cargo, robotics, smart factory, logistics, healthcare and materials.

Who can participate?

Startups legally registered and interested in verticals of Artificial Intelligence, Smart Mobility, Smart City, New

Read More

Pandemic spotlights enterprise tech startups

Enterprise software companies have long dominated the Seattle and Pacific Northwest tech scene. They range from stalwarts such as Microsoft and F5 Networks, to a bevy of smaller startups developing cutting-edge software in cloud computing, cybersecurity, and other industries.



a view of a city at sunset: Sunset over the Seattle skyline. (GeekWire Photo / Kevin Lisota)


© Provided by Geekwire
Sunset over the Seattle skyline. (GeekWire Photo / Kevin Lisota)

As the COVID-19 pandemic accelerates adoption of digital technology, the spotlight is shining brighter on the robust business-to-business technology ecosystem in Seattle and across the region amid the ongoing economic and health crisis.

Startups that sell to other businesses make up more than half of the GeekWire 200 list, our ranking of top privately-held Pacific Northwest technology companies, and 70% of the top 20.



graphical user interface, application


© Provided by Geekwire



A report from OpenView Venture Partners predicts that enterprise cloud software firms are largely “recession-proof” in part due to the increased reliance on cloud services amid the pandemic.

“For

Read More