Slow and steady can still win the race

More: Fresh funds incoming for firms in the EV and AI fields. [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: - [TurtleTree’s growth from four years of R&D to a US$500 million revenue goal]( - The US$2.7 million series A round of a Pakistani healthtech company - Other newsy highlights such as the fundraises of an Indian EV firm and an American AI startup --------------------------------------------------------------- Hello {NAME} You know, most startups that we write and hear about have solutions that are mainly software-based and built on coding. There’s nothing wrong with that, of course, but it’s refreshing to occasionally find out about a firm that’s doing some traditional, hardcore science to come up with its product. At least, that was my general feeling when I read today’s premium piece, which features alternative protein company TurtleTree. It focuses on producing lactoferrin, a nutrient found in milk that can provide benefits around gut health, immunity, and iron binding. -- Winston  ---------------------------------------------------------------  THE BIG STORY [Shaking up alternative proteins: Can this SG startup turn red ink into green?]( Unlike other cultivated proteins, lactoferrin produced by TurtleTree has a much higher value, allowing it to reach profit quickly. --------------------------------------------------------------- TRENDING NEWS [South Korea’s Wemade to create $100m Web3 fund with SG investment firm]( The two firms will co-invest in both gaming studios and blockchain projects in the Middle East and North Africa region. [India-based Kitchens@ cooks up $65m in series C funding]( The funds will be used to expand Dinerium, a hybrid model that combines online ordering with a premium dine-in experience. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Mapping Asia’s travel tech players as they face funding storm]( The travel industry is once again grappling with external challenges, as the tech winter has resulted in a substantial decline in funding. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [The Future of MarTech: Trends Shaping 2024 and Beyond on January 16]( On January 16, senior marketing, product and growth leaders in Singapore are invited to kickstart the year at The Future of MarTech: Trends Shaping 2024 and Beyond, an executive roundtable and networking lunch. Limited to just 15 guests. [Full details & registration here!]( ---------------------------------------------------------------  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. - Frends - [Frends Appoints Vincent Ooi as New Head of APAC, Building on ASEAN Success]( Frends appoints Vincent Ooi as Head of APAC, expanding its European iPaaS reach in the region - GoTo Group - [GoTo becomes the first Indonesian public company to receive validation from the Science-Based Targets initiative on its net-zero target]( GoTo Group is the first Indonesian public company to have its greenhouse gas reduction targets validated by the Science Based Targets initiative (SBTi). The approved three targets which include reaching net-zero emissions by 2050. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Tech Lead (CTO-Track), Cybersecurity]( at Microsec Singapore, Singapore - [Technical Sales Support]( at JALA Indonesia Padang, Indonesia - [CX Specialist]( at Antikode Tangerang, Indonesia - [Business Strategy]( at PT Pakar Digital Global (Paper.id) Jakarta, Indonesia - [Host Live Streaming]( at Scout.inc Yogyakarta, Indonesia - [Graphic Designer]( at Boleh Dicoba Digital Bandung, Java, 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