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meeting tech companies, founders, and investors at echelon 2019
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We’ve recently staffed our first booth at Echelon Asia Summit, one of Southeast Asia’s premiere technology and startup events. It was exciting to chat with hundreds of startups, founders, investors, and venture builders over two jam-packed days.
As always, Echelon 2019 drew a sizable crowd. The event also had an awesome line up of speakers and local tech superstars such as e-commerce giants Lazada and Shopback, table-reservation app Chope, and VCs like Golden Gate Ventures, Venturra, and SeedPlus.
The crowds continued well into the early evening on both days. It was also great to showcase our resources for the startup community, such as our free templates and complimentary 30-minute legal consultation.
If our conversations are anything to go by, it seems the growth of venture builders and accelerators in Singapore is not slowing down.This is great news for the startup ecosystem. There will be more opportunities and support for startups and founders, and a bigger pool of high-quality investment candidates for VCs.
We loved getting out into the Singapore tech community, and look forward to meeting more of you at future events!
Our booth during Echelon (hard to miss us).
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Kindrik Partners advised VC firm Illuminate Financial on its investment in Singapore-based AI-driven data processing and automation company bluesheets. Illuminate led the US$6.5 million series A round. Other returning investors included Insignia Ventures Partners, Antler Elevate, and 1982 Ventures.
Illuminate invests in B2B fintech and enterprise software companies that build solutions for the financial services industry. Backed by global financial institutions such as Citi, JP Morgan, Barclays, Jefferies, Singapore Exchange Group, and BNY Mellon, Illuminate uses its extensive network and industry knowledge to help their portfolio companies achieve their full potential in addition to providing capital.
bluesheets offers AI-driven data processing and workflow automation software that helps businesses digitise and automate their bookkeeping processes. It plans to use the funds to further enhance its AI capabilities and accelerate growth in key APAC markets, including Singapore, Thailand, ANZ, and Hong Kong.
We’re happy to have advised Singapore-based synthetic data company Betterdata on an oversubscribed seed round of $1.65 million, led by Investible.
The company was founded in 2021 by Dr. Uzair Javaid and Kevin Yee and allows clients to share data faster and more securely in compliance with stricter data privacy regulations being introduced around the world. Betterdata uses generative AI to convert real data into synthetic data that looks, feels, and behaves like real datasets. These synthetic datasets retain the structure and correlations of the original data while eliminating the privacy and security concerns that come with holding and sharing sensitive data.
Betterdata plans to use the funding to publicly launch its product, hire more staff as the company scales, and improve its technology stack, with the aim of providing support for single-table, multi-table, and time-series datasets. The company also plans to expand across the Asia-Pacific region over the next two years.
