UglyFood’s looking better the second time around

More:A startup fund from the founder of Indonesia-based DailySocial. [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: - [UglyFood’s second chance]( - ShopUp’s stellar revenue performance - Other newsy highlights such as a startup fund from the founder of Indonesia-based DailySocial --------------------------------------------------------------- Hello {NAME} Everyone loves a good comeback story. Films, shows, and other forms of entertainment from both the East and West are chock-full of instances where the protagonist takes a beating - physically or otherwise - and it looks like they’re down and out. But wait … what’s that? They’ve still got some fight left in them? The lead character grits their teeth, clenches their fist, and takes a shaky step forward. The audience cheers, and we think to ourselves, “There’s no way they’re actually pulling it off!” And then somehow, with the power of friendship or something a little less corny, our hero gets a second wind and knocks the villain out cold. At a time where workers are being laid off in the hundreds or even thousands, and startups are shuttering left and right, we could really use an uplifting tale. Could UglyFood, which closed its doors earlier in January, be the Comeback Kid for the startup scene? -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Fresh start for UglyFood as new ‘strategic partner’ funds logistics overhaul]( Four months after its closure, the Singapore-based e-grocer is back up and running with a new “strategic partner” and a revamped logistics system. --------------------------------------------------------------- TRENDING NEWS [SG-based Ross Digital to export new robotics tech to US, Europe]( The firm has partnered with the Singapore government to develop tech that will enable robots to learn how to cook, make coffee, and clean dishes. [Sequoia-backed ShopUp doubles revenue in FY 2022]( Its CFO Vashistha Maheshwari told Tech in Asia that in 2023, increasing monetization and hitting EBITDA breakeven are ShopUp’s key areas of focus. [DailySocial.id founder on managing new fund amid startup malaise]( “Valuations are down, but this doesn’t mean that these startups suck,” Rama Mamuaya recently wrote in a Linkedin post. [Philippine VC raises $12m to back SEA startups from the ground up]( Kaya Founders will launch the Zero to One Fund – targeting pre-seed startups – and the One to Ten Fund, which focuses on seed to series A firms. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Tracking startup failures across Southeast Asia]( There are several reasons why startups in Southeast Asia go bust, but we lack data about it. This piece helps you track the region's macro-level trends. ---------------------------------------------------------------  SYNC 2023: CLIMATE TECH  Unveiling the future of sustainable innovation with industry powerhouses SYNC is back this year with a first-of-its-kind gathering that spotlights Asia’s climate tech leaders. Mark your calendar for August 21, 2023 and join us at the iconic Gardens by the Bay in Singapore for our annual tech summit. Experience the future of tech through state-of-the-art product demos, interactive networking sessions, insightful expert roundtables, inspiring fireside chats, and curated business matchmaking. Want to be part of this invite-only event? Find out more details and apply for a ticket [here.]( Avoid FOMO and request for an invitation to SYNC 2023: Climate Tech today! ---------------------------------------------------------------  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 form](. Our team will get back to you by the next business day. - Centic - [Centic – a scoring platform for the entire Web3 Space snaps up seed funding from IDG Capital Vietnam Blockchain]( Centic, a data analytic platform for Web3 successfully secured a significant investment from IDG Capital Vietnam Blockchain. - GoSkyi AI - [Riding the ChatGPT Wave: GoSky AI Secures Multi-Million Dollar Pre-Series A Investment from 500 Global, Acorn Pacific Ventures and Paragon Venture Capital]( Eyeing the Trillion-Dollar Opportunity Behind AI-Powered CRM Set to Revolutionize Business Marketing and Sales. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Founders Meetup: Vietnam on June 28]( Our networking event, Founders Meetup: Vietnam, is happening in Ho Chi Minh City on June 28 at The Sentry, 2/F Sonatus Building. Join us and share the hardest challenges you’ve faced as a founder. To help you find solutions, we’ll introduce you to fellow founders who have been there and done that. Register today! - [SYNC 2023: Climate Tech on August 21]( Want to be at the forefront of climate tech? Join us on August 21 at Gardens by the Bay in Singapore for SYNC 2023! At this invite-only event, you’ll gain access and connect with the industry’s pioneers, visionaries, and best-in-class speakers to unlock the secrets behind driving sustainability and innovation. Apply for a ticket and hop on board our annual tech summit today! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Sales Coordinator]( at Jiva Makassar, Indonesia - [Senior Full-Stack Developer]( at Indotim Tangerang, Indonesia - [Customer Experience (CX)]( at Finku Jakarta, Indonesia - [Videographer/Editor HaiBunda]( at detik.com Jakarta, Indonesia - [Senior Frontend Engineer (Electron.js)]( at AccelByte Yogyakarta, Indonesia - [Business Development Associate]( at Sribuu.id Jakarta, 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? 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