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2017 News Archived

Dec 27, 2017 Our First IPO: Geniee
Geniee provides a total platform solution for media and application revenue maximization. It is now serving over 14 billion impressions per month ...
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Dec 27, 2017 Introducing Our First Space Tech Investment: Loft Orbital
MDI Ventures invests in companies with proven business models and strong unit economics, these traits alone already de-risk our portfolio investment.
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Dec 27, 2017 Commitment as National Ecosystem Builder
So far, the startups that have participated in our accelerator program include names like Payfazz, a mobile banking and payment solution; PrivyID, a universal identity enabler and digital signature provider; Kofera, a performance-based marketing platform; Sonar, a social and digital media monitoring and analytics firm.
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Dec 27, 2017 Digital Synergy Champion
Since 2016, we’ve been busy working to validate our thesis: synergy-and-collaboration. We know it’s going to be hard, and in most cases, synergy-and-collaboration has been used as ‘just jargon’ inside corporate meeting room.
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Dec 15, 2017 Kata.ai Raises $3.5 Mn Series A Funding
Kata.ai, an Indonesian Artificial Intelligence (AI) service provider focusing on creating and integrating chatbot into available conversation service clients introduced its newest service, the Kata Bot Platform at event Interact 2017 last Tuesday (12/12).
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Dec 11, 2017 Opinion: Indonesia Needs More Scale-Ups, Not More Startups
Venture capital for tech startups in emerging markets like Indonesia can be a poison. Early-stage investors in this part of the world routinely spray small amounts of money – usually just a couple hundred thousand dollars at a time – into the market and pray that one of their tech investments will someday remunerate...
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Nov 20, 2017 KKR’s Emerald Media Leads $65 Million Funding in Bangkok Startup
KKR & Co.-backed Emerald Media led a $65 million funding round in aCommerce, a Bangkok-based startup that helps brands including Samsung, Unilever and L’Oreal sell their products online across Southeast Asia.
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Nov 19, 2017 Southeast Asia’s aCommerce lands $65M led by KKR-backed Emerald Media
Southeast Asia-based aCommerce, a startup that helps brands get into e-commerce and digital media in the fast-growing region, has pulled in $65 million in new funding led by Emerald Media, an Asian firm backed by global investor KKR.
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Nov 13, 2017 Loft Orbital is Launching a Specialty Service That Leases Space on Satellites
Loft Orbital is the latest entrant, offering a "rideshare service" of buying satellites and then leasing space onboard to multiple customers. The company announced Monday it raised $3.2 million in a recent seed funding round led by Uncork Capital.
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Nov 13, 2017 Loft Orbital Raises $3.2 Million to Build Condo Constellation for Those Who Dont Want to Own Satellites
WASHINGTON — A San Francisco startup raised $3.2 million in a seed financing round to create a service around operating a constellation of satellites packed with payloads from different customers.
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Nov 9, 2017 LotusFlare Helping Syrian Refugee
For 14 months, Abu Ahmed's family did not know where he was. As a Syrian prisoner with no means of communicating with the outside world, one of Abu's priorities was to let his family know he was still alive. His cellmates were in a similar predicament, so they devised a plan. Lacking a cell phone, they memorized the ph
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Nov 6, 2017 'Lofty ambitions' lead Wellington company Postr to grow globally
A Wellington tech firm Postr is hoping to raise more than $2 million to fund its growth plans overseas. Postr works with telcos to allow Android users to get free data in exchange for advertisements on their phone lock screens.
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Oct 31, 2017 Element Inc. & Global Good Fund to Create Biometric Health ID Systems
In an effort to ensure proper medical treatment for children who lack proper identification, Element Inc. and the Global Good Fund have come together to develop a smartphone-based biometric platform for identifying infants and children ...
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Sep 26, 2017 Whispir opens new Singapore office, plans local investment in innovation
WHISPIR officially opened the doors to its new local headquarters as it announced further investment in Singapore as a hub for product innovation and continued expansion across Asia.
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Jun 14, 2017 PrivyID raises pre-series A for electronic signatures
PrivyID, Indonesia’s answer to San Francisco-based DocuSign, secured an undisclosed sum in a Pre-Series A funding round led by MDI Ventures and Mandiri Capital.
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Jun 12, 2017 Kofera raises pre-Series A led by MDI Ventures, aims to ease digital marketing for businesses
Using machine learning, Kofera aims to solve the problem caused by talent scarcity in the field of digital marketing in Indonesia
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Jun 7, 2017 Wavecell raises $8.15m series B to connect companies to customers through text, video
Singapore-based Wavecell announced today it has raised US$8.15 million in an oversubscribed series B round. The round is led by Singapore-based venture capital fund Qualgro, which led Wavecell’s series A round last February. New investor MDI Ventures, which is the corporate venture capital arm of Telkom Indonesia ...
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May 30, 2017 News Update of MDI Ventures Portfolio
Last year, we’ve welcomed 11 companies as part of MDI Ventures family of portfolio. These companies have been working and partnering up with us to bring on innovation, cost saving and revenue diversification to our parent company and its subsidiaries.
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May 20, 2017 Strategic Partnerships Highlights
MDI Ventures aims to forge partnership with leading tech companies across various verticals, combining efforts to work on the same mission: to catalyze the growth beyond their respective home markets.
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Apr 30, 2017 Thought Leadership 2017
As ASEAN is preparing for the next boom in startup technology, we continue to expand our horizon and steady our path to become the leader in corporate innovation.
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Apr 24, 2017 Corporate venture capital to boost business growth
THE trend of corporates investing their money in startups directly or through venture capital (VC) in order to add value to their company is growing steadily in today’s world. Rubicon Venture Capital general partner Andrew Romans explains the structure of corporate venture capital (CVC) for corporates ...
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Apr 17, 2017 Portfolio Day
We’re committed in building relationships between startups and our parent company with its subsidiaries. Portfolio Day is one of our manifestations in bringing both parties to the table.
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Mar 14, 2017 Singaporean startup raises $2.4m to bring its AI-powered digital marketing tools to mobile
You might have noticed the effects of digital marketing through email because your inbox feels the strain. It’s no wonder; businesses want customers. They love driving visitors to their websites, hoping to convince them to stick around, spend, and come back.
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Mar 9, 2017 NComputing Expands Its Desktop Virtualization Portfolio With Acquisition of VERDE Workspaces
Today, NComputing announces the expansion of their desktop virtualization product offerings with the acquisition of VERDE Workspaces, formerly known as Virtual Bridges. The acquisition allows NComputing to offer a full stack, end-to-end solution including thin clients, software clients, and desktop management and provi
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Feb 15, 2017 mClinica raises $6.3M to map healthcare data in Southeast Asia
Health startups are pulling in money in Southeast Asia. A week after wellness-focused insurance brokerage CXA drew $25 million from investors, fellow Singapore-based startup mClinica has announced a $6.3 million Series A raise.
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