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Defogging data ain’t easy

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Tue, Nov 28, 2023 11:32 PM

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More: Wind, a startup that wants to make sending remittances easier for migrant workers, bags fundin

More: Wind, a startup that wants to make sending remittances easier for migrant workers, bags funding. [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: - [Why Defog thinks it can clear up data analysis with AI]( - Wind, which aims to bring remittances from the US back to Southeast Asia via the blockchain - Other newsy highlights such as Jala bagging $13.1 million in funding --------------------------------------------------------------- Hello {NAME} As something of a sports nerd, I pay more attention to statistics than I care to admit. Knowing the numbers behind the game allows you to understand what you’re watching a little bit more, which in turn makes you enjoy it even more. This applies not just to the professional games I watch, but also to the extremely amateur level of flag football I play. It’s fun to look back on the numbers you racked up over a tournament weekend and compare yourself to the other athletes (I use that term loosely). However, just as the play on the field is amateur, the collection and analysis of statistics aren’t exactly professional. This can lead to simple errors, like a catch I was sure I came down with not being recorded. This isn’t a huge deal in amateur sports, but when it comes to data analysis for businesses, little mistakes can cost big bucks. That truth is probably part of why Defog, an AI-powered analytics firm based in Singapore, has raised US$2.2 million in a seed round led by Script Capital and Y Combinator. Its tech aims to make data analysis faster and more accurate, which is still a pipe dream for us amatuer flag football players. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Exclusive: Y Combinator leads $2.2m round in SG-based AI analytics firm]( With the latest funding, Defog plans to accelerate the development of its SQLCoder models. --------------------------------------------------------------- TRENDING NEWS [Pathao founders’ new firm secures $3.8m round led by GFC, Spartan Group]( Since Wind’s establishment in 2022, the blockchain-powered remittance firm has reached nearly US$3 million in transaction value. [Jala nets $13.1m for aquaculture service boost]( The Indonesia-based company’s app enables farmers to record, monitor, and analyze their shrimp farm activities in real time. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Weekly funding: Viva Biotech takes home $210m]( Keep track of all the startup investment activities in Asia through our weekly funding list. --------------------------------------------------------------- IN PARTNERSHIP WITH Giving productivity a boost Grab’s driver-partners are a crucial part of the superapp’s ecosystem - without them, there’d be no Grab. Earnings are important for driver-partners, but consumers want affordable rates too - finding the right price point involves striking a delicate balance. To that end, Grab has rolled out new tools to help improve productivity for its driver-partners, allowing them to make the most out of their work with the Nasdaq-listed superapp. This includes features such as order batching, where delivery riders can fulfill multiple orders from customers close together for greater efficiency, as well as live location sharing, so that drivers can easily find passengers at crowded places with multiple pick-up points. These enhancements also benefit consumers: they improve reliability and ensure Grab’s services remain affordable. Learn more about how Grab is enhancing its driver-partners’ productivity [on its blog](. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Telin Insights - Elevate CX: Optimize Communication with WhatsApp Business]( on 30 November In today’s ever-evolving business landscape, delivering exceptional customer experiences has never been more important. Enter WhatsApp, a communications platform with over 2.7 billion users globally. Leveraging this channel using WhatsApp Business can enhance customer interaction, assisting organizations in meeting their key performance indicators. If you’re a business leader or decision maker in marketing, contact center, product, or IT, join us on this free webinar on Thursday, November 30, from 5:00 to 6:00 p.m. SGT to learn how to integrate WhatsApp Business into your CX strategies. RSVP [here](. - [Tech in Asia’s Founders Meetup: Vietnam on November 30]( We’re making our way back to Ho Chi Minh City on November 30 for our tenth Founders Meetup! Get a glimpse of the startup journey of Bryan Pelz, the co-founder of VNG and Bootloader Studio. Hear what he and Peter Cowan, Tech in Asia’s engagement editor, have to say about what it’s like to build and scale a startup in Vietnam. Plus, exchange ideas and tips with your fellow founders on how to navigate your own startup journey. Don’t miss out! Join us at the Hive Villa (29 Nguyễn Bá Lân, Thảo Điền, Quận 2, Thà nh phố Hồ Chí Minh 713385, Vietnam) on November 30 from 6:30 p.m. to 8:30 p.m. (GMT+7). Hurry, tickets are selling like hotcakes - [RSVP now before they’re all sold out](  - [Tech in Asia’s Regional Founders Meetup: Singapore on December 5]( Calling all Singapore-based founders! We’re concluding this year’s Regional Founders Meetup event series at the Lion City, where it all began. As Tech in Asia gears up for its next adventure with SPH Media, our founder and CEO Willis Wee will share his startup journey and give insights on what it takes to pull off an M&A deal in a fireside chat moderated by our COO Maria Li. Join us at Mortar & Pestle (269 South Bridge Rd, Level 4, Singapore 058818) on December 5 from 6:00 p.m. to 8:00 p.m. (SGT) to connect with fellow founders and end the year with a bang. Hurry, tickets are selling like hotcakes - [RSVP now before they run out]( Note: This event is closed-door and strictly off the record - no media buzz, please! While Willis and Maria will share as much about the M&A deal as possible, confidential terms will not be disclosed. ---------------------------------------------------------------  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. - ChargeSini - [ChargeSini Malaysia EV Charging Solution Startup Seeks for $6m Funding in Series-A]( ChargeSini, a private company founded in 2022, revolutionize the landscape of EV charging and has quickly risen to become 1 of the top 3 in market - Ultimate Fintech - [Forex Trading: The Transformational Journey of the Last 20+ Years]( Dive into the recent history of currency trading from the Gold Standard to digital assets with AAAFx. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Technical Support]( at White Horse Group Jakarta, Indonesia - [Events Marketer]( at Tech in Asia Singapore, Singapore - [Graphic Designer]( at Rocketindo Jakarta, Indonesia - [Product Manager (Core Banking)]( at KoinWorks Jakarta, Indonesia - [Senior Project Manager - Financial Industry]( at Scout.inc Jakarta, Indonesia - [Content Writer (for sustainable agriculture)]( at Koltiva 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? 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 © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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