Earlier in January, Singapore financial services startup GoBear suddenly announced that it is ceasing operations. It cited the failure to raise additional funds from existing or new investors as the primary reason for closure, adding that the COVID-19 pandemic made the operating and fundraising environment “very challenging”. Other factors included a …
Read More »Honeywell says quantum computers will outpace standard verification in ’18 to 24 months’
Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. Honeywell expects that as advances in quantum computing continue to accelerate over the next 18 to 24 months, the ability to replicate the results of a quantum computing application workload using a conventional computing platform …
Read More »Not Many Would Spend 6 Months Trying To Make Consistently Clear Ice—But This M’sian Did
“How come I never made ice that looks like that?” Ken would wonder upon seeing photos of how clear ice could make drinks look so sophisticated. On top of looking good, clear ice actually has practical value to it, as its higher melting point means slower melting, which won’t over-dilute …
Read More »This M’sian Startup’s E-Commerce Packaging Can Be Buried & Decomposed Within 6 Months
The excessive use of plastic packaging in many of our consumption behaviours has been a concern for a long time now. Over the years, we’ve definitely seen multiple startups tackle the issue, usually in the F&B sector. One that we’ve written about recently was Circlepac, which makes and sells compostable …
Read More »Side Hustle To Bakery Biz: This S’porean Sells 40K Boxes Of CNY Bakes In 2 Months Annually
Little Nonya’s Cookies is a small side hustle that founder Anthony Tan started during his university days 14 years ago. Together with his mum, they baked pineapple tarts and other goodies out of their home kitchen during the Chinese New Year period. Their customers were mostly made up of family …
Read More »In 4 Months, RM896mil Sales Was Generated Under MDEC’s E-Commerce Campaign
We have over 900,000 SMEs in Malaysia today, and almost 99% of them contribute to 38.3% of the country’s GDP and 66% of the country’s employment. When the COVID-19 pandemic hit us in early 2020 and the government implemented the MCO, many SMEs were badly affected. An online survey conducted …
Read More »These 2 SMU Grads Invested S$50K Into A Mushroom Snack Biz – Sold Over 10K Packs In 4 Months
Crystal Cheng, 26, and Joshua Chan, 29, both studied at the Singapore Management University (SMU). They were classmates, but became very good friends due to the shared interest in startups. Prior to starting up Edens Chips together, both of them were startup founders themselves. Crystal is the founder of churros …
Read More »How This S’pore Couple’s “CHU-ly” Good Collagen Soup Brand Saw 6-Figure Revenue In 7 Months
During the three-month circuit breaker in Singapore when most were home-bound, many turned to starting their own businesses and passion projects. From confectionary products to cold brew, the home-based delivery industry boomed during that period. CHU Collagen is one of the businesses that launched during the circuit breaker period, and …
Read More »These M’sians Started A Versatile Dronetech Biz By Luck, And Broke Even Within Months
Using drones for photography and videography is becoming increasingly popular and accessible. This market is expected to generate $ 127bil in value by 2025, threefold of what it was last year. It’s clear that the global drone sector is reaching new heights today, but 3 friends foresaw the potential for …
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