I, Robot, but make it Singaporean

More: GoTo Group logs an adjusted EBITDA loss of US$6.2 million. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Singapore seeking to carve out a niche in service robotics]( - The US$53 million gross revenue of global micromobility firm Beam - The hidden alliances between Southeast Asia’s VCs - Other newsy highlights such as GoTo Group posting a loss of US$6.2 million in adjusted EBITDA in Q1 --------------------------------------------------------------- Hello {NAME} Most of the time when I visit home in Northern Ireland, it amazes me how little has changed about the place. It often feels like stepping back in time to when I was in my early 20s when I last lived there, with the same people doing the same things in the same places. But one thing that seems to be different every time is the increasingly visible adoption of new technology. On my last trip over Christmas 2023, it was a robot waiter in a cafe at Belfast International Airport that shocked me. The strange little device whirred about the busy cafe, bringing plates back and forth from the counter. No one else seemed all that interested in the machine, which perhaps hints at how increasingly common it is to see this tech in some places. No wonder then that Singaporean companies are trying to capitalize on the expected growth of the service robotics industry, as today's featured story explores. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Singapore companies ride global wave to build next-gen robots]( Singapore companies are building robots that clean, deliver food, and guard buildings. The journey is tougher than it looks. --------------------------------------------------------------- TRENDING NEWS [GoTo narrows adjusted losses by 89%, boosts gross revenue by 18% in Q1]( The Indonesia-based firm expects to hit group adjusted EBITDA breakeven for the full 2024 year. [Micromobility firm Beam logs 36% revenue boost in 2023, hits EBITDA profitability]( Beam operates in over 130 cities across eight countries, including South Korea, Japan, Indonesia, Thailand, and Malaysia. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [The hidden alliances between Southeast Asia’s VCs, uncovered]( We've visualized an intricate web of relationships among Southeast Asia’s VCs, using deal data in the past two years. --------------------------------------------------------------- TECH IN ASIA CONFERENCE KUALA LUMPUR Learn from the best: Khailee Ng, Dione Song, and more Calling all fellow tech enthusiasts! Ready to unlock the future of tech and take your business to the next level? Join us at the Tech in Asia Conference, where we will discover the incredible growth of the Malaysian tech scene and its global impact. We'll be joined by some amazing speakers, including Khailee Ng, managing partner of 500 Global, who will deliver a keynote speech on opportunities in Malaysia’s tech ecosystem; Kah Meng Wong, co-founder of Funding Societies, who will share his insights on the Islamic fintech industry; and Dione Song, CEO of Love Bonito, who will talk about business expansion beyond Asia. This conference is packed with insightful sessions, workshops, and networking opportunities, giving you the chance to connect with like-minded individuals and discover the latest trends. [Get your ticket now]( and don't miss out on our ongoing 30% discount! ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - ADA Asia - [ADA Unveils AI CoPilots to Revolutionise Marketing and Commerce for Global Enterprises]( ADA launches AI CoPilots to transform enterprise marketing and commerce, enhancing data-driven decision-making. - GEM Corporation - [GEM Soars to 52nd on Clutch's Top 100, Driven by Visionary Growth]( GEM ranks 52nd with 78.2% growth from 2022 to 2023, showcasing a commitment to excellence and innovation. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](.  [Saigon Summit 2024 : Charting Vietnam’s Tech Future on May 30]( Startup Showcase is THE global stage for ambitious startups to connect with top investors and gain invaluable exposure. We just added more slots in response to overwhelming demand, but they're filling up fast. Hurry, applications close May 3 - [apply now]( and make sure your startup doesn't get left behind! [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25]( From macro trends shaping the landscape to the hottest emerging tech, we've got it all covered. Join us for inspiring keynotes on the Main Stage, deep dives in the Founders Summit, and actionable insights across dedicated growth tracks. Don't miss out - [purchase your tickets]( today! [Product Development Conference (Jakarta, 25-26 June 2024)]( In this edition of Tech in Asia’s flagship conference for product talent, get access to keynote presentations, interactive Q&As, and networking opportunities that help you to build, launch, and scale world-class products. Early-bird tickets are gone, but fear not—you can now grab first-release tickets at 50% off! Better yet, bring 2 friends and secure an extra 20% off. [Secure your spot now.]( [Tech in Asia’s Founders Meetup in Vietnam on May 30]( Investors and founders from Vietnam, Taiwan, and beyond have already secured their spots at our Founders Meetup in Vietnam! Will you be joining them? Don’t miss this opportunity to connect with people from across the tech ecosystem, learn about new trends and opportunities, and be part of the exciting energy of Vietnam's tech scene. [Tickets are just US$12, get yours now!]( [Saigon Summit Exclusive : Investor Hour on May 30]( We know that fundraising is a daunting task. So let us take the stress and guesswork out of the process and turn it into a rewarding experience by opening doors to the right investors at Investor Hour. It’s time to convince them that investing in your startup isn’t a smart move - it’s the smartest one. [Sign up NOW to secure your slot!]( [Sip, Savor, Socialize: Elevate Your Payments Strategy for Growth | Jakarta, 16 May]( How can payment strategies elevate your business growth? Gain fresh insights into payment trends in Indonesia, effective payment strategies, and technology advancements, such as single API. Also, enjoy networking opportunities with decision-makers from various industries over delectable canapés. [Apply for an invite today](. Due to limited space, we will curate and send invitations to selected participants via email. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Artist Account Manager]( at Fett Music Denpasar, Bali, Indonesia - [Digital Marketing (Toko Oleh Oleh Venus)]( at KitaLulus Bekasi, Indonesia - [Executive Assistant]( at Mediatics Digital Indonesia Jakarta, Indonesia - [Business Development (Intern)]( at Matagi Informasi Pertiwi Jakarta, Indonesia - [Employer Branding Intern]( at Scout.inc Jakarta, Indonesia - [3D Character Design Artist]( at Salad Ventures Indonesia Bulk Terminal, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2024 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894