Hyphen Partners’ Post

Congratulations to our portfolio company, Paper.id, for being recognized in the Forbes Asia 100 to Watch 2024 list! 🎉 As a Jakarta-based fintech innovator, Paper.id, founded by Yosia Sugialam is transforming how businesses manage their invoicing and payment processes. Targeting Indonesia’s small and midsized enterprises, they now serve over 600,000 companies and have achieved an impressive 30x annual TPV (Transaction Processed Value) growth since 2021. At Living Lab Ventures, we are proud to support Paper.id's journey in the #fintech industry. As Sinar Mas Land’s investment arm, our commitment to being a catalyst for economic development in Indonesia is demonstrated by investing in high-potential startups and emerging businesses. Their success reflects our dedication to fostering innovative solutions that drive growth and impact across the region. Check out the full list here https://lnkd.in/gW8a8kfU #LivingLabVentures #SinarMasLand #Paperid #Forbes100 #Fintech #Startup #invoicing

2024: Less Macro, More Micro? Easing macro headwinds are set to revive interest in Southeast Asian private markets in 2024. We expect the intense focus on profitability to ease gradually. Further, startups responding well to the emerging demand-supply gaps will regain fast traction. We see investment opportunities in AgriTech, Artificial Intelligence, E-B2B, E-Commerce, EV… and Travel in 2024. Of course, the pace of revival will be non-linear, and there will be winners and losers. Details: https://lnkd.in/gvbRksJf. In this article Khamila Mulia DealStreetAsia reviews the current state of private markets in Southeast Asia and what’s in store in 2024. Glad we collaborated. Yash Rathi | Aayush Gupta | Shriya Bhargava | Rizky Bayuputra https://lnkd.in/gZnHmqjP

Singapore’s 🇸🇬 Venture Funding Landscape Synthesis from the report: 🇸🇬 Despite #macroeconomic challenges and #geopolitical tensions impacting global investment climates, Southeast Asia, particularly Singapore, continues to attract significant #privatecapital due to its mature tech #ecosystem . 🇸🇬 #Earlystage deals are emerging as a beacon of hope for investors, showing minimal correction in #valuation and an increasing share in the overall deal value and volume, highlighting investor confidence in young startups . 🇸🇬 A noticeable shift toward #impactinvesting in sectors like #greentech #healthtech, and #agritech is evident, recognizing their potential to address global challenges such as #climatechange and #foodsecurity . 🇸🇬 It’s #deeptech sector is witnessing positive growth, with a 31.4% year-on-year increase in deep tech deals, despite a broader downturn in funding values. This signals a strong foundation and growing investor interest in cutting-edge technologies . 🇸🇬 Artificial intelligence (#AI) and machine learning (#ML) integration into Singapore’s deep tech startups signifies a pivotal shift towards innovative research and development methodologies, attracting more private funding and highlighting the potential for disruptive #innovation . 🇸🇬 #Government support through initiatives like the Research Innovation and Enterprise 2025 (RIE2025) plan and targeted investments in deep tech and sustainable development underscores Singapore’s commitment to fostering a resilient and innovative startup ecosystem . 🇸🇬 The outlook for 2024 is cautiously optimistic, emphasizing the importance of sustainable growth, diversification of revenue streams, and prudent financial management among startups to navigate the funding landscape effectively. No surprises there… Sopnendu Mohanty / 漠汉帝 / 模範帝 / सोपनेंदु / ସୋପ୍ନେନ୍ଦୁ Pat Patel Navin Suri Umang Moondra Sanjiv Purushotham Kelvin Tan Mahesh Prathapan Justin Tan Johnny Guyenne #singapore #venturecapital #drypowder #fintech #startups Eyad Albayouk, CPA, CFA Philip Bahoshy

🚀 Exciting news from the investment front: Asia Partners Fund Management has just sealed a massive $474M fund aimed at fueling the tech sector's explosive growth in Southeast Asia! 🌏✨ Despite market chills, their vision of a "golden age of entrepreneurship and innovation" is blazing strong. Are you ready to witness the transformation powered by e-commerce, logistics, and fintech champions? Let's discuss the future of tech in this dynamic region! #AsiaPartners #Investment #GrowthEquity #SouthEastAsiaTech #InnovationBoom 💼📈

#2023 Recap: Despite some tough times, Singapore startups held their ground with a mix of resilience and charm in 2023. Rising costs, talent shortages, and operational challenges troubled many startups, forcing many to shift business strategies and find ways to slash costs.   Amidst the chaos, certain sectors like e-commerce, fintech, health, and deep tech continued to attract investor interest, hinting at resilience and potential growth. Fast forward to what's on the horizon in #2024: Investors can anticipate opportunities in #AI, #quantum technologies, and #sustainable solutions, solidifying Singapore's role as a leading #innovation hub with a strong ecosystem and government support that attracts global interest in the startup landscape. Read on in this Straits Times article: https://lnkd.in/gQnfUX_h 🖱️ Hit the follow button on our page as we share happenings and new developments from the startup ecosystem! #ACEsg #startups #startupnews 

#ICYMI here are the latest in #tech and #innovation in the #AsiaPacific from TNGlobal: China's HongShan sets up $2.5B startup fund - report https://lnkd.in/gSaiW4vY Report: 84% of Singapore travel companies see fragile margins due to inefficient payment systems https://lnkd.in/gPV9WaF4 Report: generative AI is set to be adopted by 85% of the software workforce over the next two years https://lnkd.in/gARg4MEU Report: Southeast Asia's retailers bet big on social commerce despite economic climate https://lnkd.in/gTZ24HBN Securities Commission Malaysia's FIKRA ACE seeks FinTech startups to enhance Islamic capital market https://lnkd.in/gQQ-333h Malaysia's Sime Darby Property and TNB's GSPARX join forces to undertake rooftop solar projects https://lnkd.in/gbCpKNPd Filipino startup Packworks secures $60,000 government funding to develop AI-powered precision marketing tool for 'sari-sari' stores https://lnkd.in/gFDqp3gV Singapore's Keppel DC REIT acquires a data center in Japan for $149M https://lnkd.in/gF9HJqzH

DealStreetAsia's Indonesia PE-VC Summit 2024 goes live today The fifth edition of DealStreetAsia’s Indonesia PE-VC Summit goes live in Jakarta today. The editorial-led summit will gather over 35 of the region’s most influential deal-makers, entrepreneurs and policy-makers who will be sharing valuable and actionable insights at the summit. The day-long conference will touch upon private equity and venture capital strategies playing out in Indonesia and provide data-led insights into startup funding activity and an outlook for 2024 and beyond. The summit will also take a deeper look at sectoral themes including fintech, EVs, consumption, AI, agritech/aquatech and climate tech investing in Indonesia. https://lnkd.in/gZqWw-sx

💰 The significant decline in #global #venturecapital investment in the first quarter of 2024, reflected in $75.9 billion invested across 7,520 deals, has been driven by geopolitical tensions, a lack of #market exits, and a notable pullback in later-stage #investments. This context has created opportunities for companies in Asia and #LATAM to find synergies and strategic collaborations. For example, Latin American firms could attract investment from #Asia, diversifying their sources of funding and accessing innovative technologies. Conversely, Asian companies could explore expansion opportunities in LATAM, leveraging growth potential in sectors such as artificial intelligence and #ESG technologies. This bi-directional integration would not only strengthen the global venture capital ecosystem but also pave the way for innovation and economic development in both regions. KPMG Singapore KPMG US KPMG KPMG India KPMG Tax & Legal KPMG Karriere Deutschland

🌐 Khazanah Nasional, a Malaysian sovereign wealth fund, dominating in tech and startup investments, particularly in China and ecommerce. 💰 Achieved significant returns like $1.2 billion from an Alibaba investment, but also faced challenges and mixed results in other ventures. 📉 Tech and startup ventures represent only 4% of Khazanah’s portfolio; struggles with adherence to political and social mandates influence investment strategies. - Want full insights? Subscribe to Tech in Asia to read the entire article.

#ICYMI In this 2023 Year-End Roundup by The Straits Times’ Timothy Goh, we witnessed many challenges and opportunities presented to the startup community across industries, while finding areas of optimism in 2024 amid a muted investment climate heading into the new year. “Until there is greater certainty of global economic recovery and a trend reversion of interest rate increases, investors are expected to continue keeping their powder dry, intensify scrutiny of deals, and be more cautious in decision-making.” adds Kaixin T., General Manager at SEEDS Capital That said, we begin 2024 with renewed optimism, as: 1) Singapore’s startups continue to demonstrate resilience in fundraising, occupying 64% of the region’s total deal volume in the first 9 months of 2023, up from 56% in the same period in 2022 2)There are still strong investor interest in various areas within #deeptech, which saw a 36% year-on-year surge in deals, especially in the domain of #Healthcare and #Agrifood Tech. 3)Dry powder still remain to be deployed in 2024. Looking ahead, investors are eyeing new opportunities in areas such as #AI, #Quantum and #Environmental #Sustainability. With this set of insights, we are excited to deliver the latest startup  news to you in 2024, alongside Enterprise Singapore and Startup SG. Stay tuned! Read more here: https://lnkd.in/gh-QYMWu