• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

All posts by Tech In Asia

  • This startup will soon allow you to make mobile payments using sound

    With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology solution for mobile payments. Aimazing’s goal is to offer the mobile payments market a more accessible option than the near field communication (NFC) technology currently in use. The startup’s solution has carried it to a top 30 finish in Slush Singapore 2016, which was held in September. It also earned them a place in season four of Channel NewsAsia’s Start-UP program. Aimazing vs. NFC chips “Phones are made to produce sound,” said COO and co-founder Yar Hong Chiong....

  • Is Singapore the next frontier for edtech?

    The future of Singapore means a vibrant and resilient economy filled with new growth sectors, corporate innovations and jobs, and skills for the future. Getting citizens skills-ready is more crucial than ever before to realize the first ever Smart Nation vision. Education is a starting point in preparing for the economy of the future, yet more work needs to be done in the sector to meet changing needs. Fortunately, as innovative technology creates waves across various sectors globally, the topic of education technology (edtech) to enable tailored and personalized learning is gaining mass awareness. Asia is seen as the next frontier in edtech. The industry...

  • Startup which helps owners find lost pets going global by 2017

    When Ivan Loh's two Labrador retrievers ran away from home two years ago, he "couldn't eat and sleep." While he found his dogs after two weeks, Ivan wanted to prevent a repeat of this "traumatic" episode. He started developing a NFC (Near-field communication) and QR code-enabled pet badge that was launched in March this year. By scanning a QR code shown on the badge, one can obtain the owner's contact details, the pet's allergies and medication needs. Alternatively, the badge shows an alphanumeric code that can be entered on Pet Widget's website. Next steps in expansion With about 1,000 badges sold in Singapore,...

  • The 10 books that inspired me to build a unicorn company

    I admit it. I’m an online ‘snack’ addict. After all, with the digital era has come an endless selection of cheap, easy and addictive pieces of online content for us to readily consume: tantalising Buzzfeed-y headlines, irresistible top-10 lists (like this one), teaser photos of your friend’s latest vacation album on Facebook, etc. When it comes to content, snacking is fun, but it shouldn’t replace full meals. We need to remember to consume long, nourishing content from time to time. Numerous studies have proven that reading can improve brain function; some have even suggested they can make you a better person....

  • Shoot for the moon: how venture capitalists think

    Shoot for the moon, reach for the stars. Entrepreneurs are often the pilots of such inconceivable projects, but many times it's the cash fuel injection that gets them there. Last week at the venture capital (VC) conference Moment 2016 in Tokyo, panellists David Lee from Refactor Capital, Craig Sherman from Meritech Capital Partners, and moderator Gen Isayama of World Innovation Lab spoke about how to identify rockets before liftoff. "The impact from a society impact should be numbered into terms of a thousand 'X'," says David. While home run deals are more about making money, moonshots don't just make money,...

  • Investors agree Southeast Asia has a series B problem. Here’s what’s filling the gap

    Startups in Southeast Asia have seen an influx of funding at the seed and series A stages, but the same can't be said for series B, experts observe. "A lot of seed and series A investments have happened and many of these companies will get to series B stage, but we don't have a lot of series B funds. There's only a handful that are really dedicated to writing US$7 million, US$10 million, US$15 million checks in Southeast Asia," Stefan Jung, a founding partner at Venturra Capital, said today at the Tech in Asia Tokyo 2016 conference. Also onstage were Hanno...

  • How do I raise angel funding in Silicon Valley as a foreign startup?

    You’re an aspiring entrepreneur. You’re a hotshot startup heading for unicorn status (whatever that means). You have the next best thing that will change the world. Regardless of where you sit on the spectrum, or what your motivations are, be it the promises of riches and fortune, or driving sweeping social changes, we are all drawn by the allure of this mystical land, Silicon Valley. However, the romantic notion of this place being awash with cash, and you landing in SFO to score that golden ticket could not be further removed from the truth when faced with the reality of the...

  • How to think like a VC before asking for funding

    "Your startup is interesting, but come back to me when you have more traction." This is a common diplomatic phrase made by VCs when they are not keen on investing in you, but keeping the door open just in case you suddenly become a hot investment. Since my days of pro-bono advisory to over 600 startups, fundraising has been trying, if not vexing and complex for noob startup entrepreneurs. (Hey I have been there myself too.) Coming full circle from being an entrepreneur who raised funds, to now a VC who raises from Limited Partners (LPs) and assesses startups to invest in,...

  • Vickers Venture Partners is raising $250 million for its new global fund

    Despite fears of a slowdown that has already caused some sobering devaluations in markets like India and China, it seems that venture capital will continue to flow for a little while yet. Singapore-headquartered investment firm Vickers Venture Partners plans to pour some water into that stream with its newly announced fund with a target size of US$250 million. Vickers has already raised US$63.5 million from existing investors. Capped at US$400 million, it could become one of the largest funds by a Singapore VC so far, close to the US$600 million fund that Temasek poured into subsidiary Vertex Ventures last October. It’s...

  • A startup wants to solve India’s farmer problems with data and tech

    My family has owned a farm for years and we’ve always made our money growing and selling vegetables, but things have been changing. To sustain ourselves, we now need to sell to people in cities – customers whose faces we’ve never seen and are only talked about by the men who arrive once a week in big trucks to sift through our vegetables and throw half of them away. Some give us reasons – the eggplants we grow aren’t worth anything because they’re not popular this year, or less lumpy potatoes have become the fad – how would we know...