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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

It was very fulfilling to see how digitalization has helped our rural bank partners to thrive during the pandemic recovery period and enabled our loyal users to access attractive deposit and loan products digitally. Moreover, Komunal also recorded positive EBITDA since October 2022 while experiencing growth and profitability at the same time.

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Bringing AI to the Masses

Andreessen Horowitz

I think it was just this incredibly powerful technology, and given that AI wasn’t quite there yet, [social media] was the main thing that there was to do, to apply all the technology to. You know, incumbents versus startups. But it’s a real problem for the incumbent, because they can’t compromise their brand.

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Pinduoduo and The Rise of Social E-Commerce

Y Combinator

Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. The take away for startups is that the team purchase model is significant because it enables behaviors associated with offline commerce (e.g., But the models are actually very different.

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Headless CMS platform Kontent secures new capital to grow its customer base

TechCrunch

On the developer side, customers can integrate Kontent with other apps and technologies through APIs and “flexible content models,” enabling control over the structure of content and how it’s delivered to websites and apps. The incumbent solutions were designed for on-premise, monolithic architecture.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

Quilt’s design enables room-by-room control, creating precise climate zones throughout the home while eliminating the need for traditional furnaces and ductwork. However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. For more information, visit www.quilt.com.

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Announcing the agenda for TechCrunch Disrupt 2022

TechCrunch

They are founders that are not only building very interesting companies but have taken a forward approach toward making noise on social media. So how should startups that have incumbents to take on, other startups to best, or both, approach the balance between growth and spend this year? with Michael Biercuk (Q-CTRL).

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SG’s Equatorial Space bags $1.5m in Seed funding

AsiaTechDaily

The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions. in Seed funding first appeared on AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. million in seed funding led by Elev8.VC. The post SG’s Equatorial Space bags $1.5m