More: Indonesiaâs eFishery acquires of AI-powered IoT startup DycodeX. [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 Asiaâs tech and startup community by [registering here](.
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--------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - The [many fingers of Temasek]( - and the pies theyâre in
- EFishery gobbling up an AI-powered IoT startup
- Other newsy highlights such as the former CEO of Alibaba joining a Chinese VC firm and Pocket FMâs US$103 million series D round --------------------------------------------------------------- Hello {NAME} I still feel like I'm a little on the younger side (feel free NOT to correct me), so I wasnât around back in the â70s or â80s when Singapore had yet to find some of its footing. As such, I grew up in relatively peaceful, prosperous circumstances, with the only exception being the Great Recession in 2008. These days, I complain a lot on social media about government policies, especially when it comes to social issues. However, I have a lot of respect for how it has been very prudent in handling our money, and Temasek falls under this category too. Without any natural resources, one of the most important ways for the country to stay financially secure - beyond its human capital - is to use money to make more money. As such, entities like Temasek have always been key in maintaining that secure environment I grew up in. And as the firm gets more involved as a venture builder, it can only be a good thing for our tech sector. Todayâs premium story takes a look at the role it plays in Singaporeâs startup space, laying out all its investments and related activities with various tech firms in an excellent visual story. If youâre a sucker for beautiful data, this oneâs for you. -- Jonathan
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THE BIG STORY [Mapping Temasekâs role in the startup space (updated)](
The Singapore-based investor has launched 50 companies, including 20 investment firms and a venture-building arm, in its quest for disruptive businesses. --------------------------------------------------------------- TRENDING NEWS
[EFishery acquihires Indonesian AI-powered IoT startup, to launch AI brand](
With the DycodeX deal, eFishery plans to launch 10 new products â including a generative AI tool â over the next two to three years.
[Ex-Alibaba Group CEO joins Chinese VC firm](
Daniel Zhang will become managing partner at Firstred Capital six months after leaving Alibaba. --------------------------------------------------------------- TECH IN ASIA REGIONAL FOUNDERS MEETUP: SINGAPORE Get clarity on your funding prospects with VCs There's been a lot of buzz surrounding Glasswall since its launch. On April 24, hear what VCs from Antler, MSW Ventures, and Square Peg think about its influence on fundraising, the current funding landscape, and more. Youâll also get the opportunity to receive exclusive face time with these industry experts to discuss funding prospects during our all-new VC office hour. Ready to dive in? [Get your ticket for Founders Meetup Singapore now]( ---------------------------------------------------------------
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VISUAL STORY OF THE DAY [Charting Asiaâs M&As: When do startups usually make an exit?](
Tech in Asiaâs data analyzes M&A deals in Asia - which stage most startups exited, how much was raised, and more. ---------------------------------------------------------------
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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.
- Generali -Â [Generali and UNDP Foster SME Resilience with Digital Risk Management Tool](
Joint Initiative Aims to Empower Entrepreneurs and Mitigate Risks. ---------------------------------------------------------------
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EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asiaâs signature events [here](.
- [Saigon Summit 2024 : Charting Vietnamâs Tech Future on May 30](
Journey through Vietnam's past to prepare for the future! Get insights from the stories and experiences of founders in sectors such as electric mobility, ecommerce, and gaming whoâll talk about how they grew their businesses and expanded them abroad. [Sign up now to secure your seat](.
- [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25](
Tech in Asia Conference is making its Malaysia debut this July. This event will feature compelling panel discussions, insightful skill-building workshops, and exclusive interviews with established and emerging brands across various industries. Tickets are now on sale, with prices starting from just US$45 instead of the usual US$80 for a General Pass.Grab yours while the offer lasts! - [Product Development Conference (Jakarta, July 2024)](
This yearâs conference, themed around âscaling product innovation from startup to enterprise,â will deliver tailored insights for attendees at any stage of their business journey. [Secure your spot now]( - our presale tickets are sold out, but you can get early bird tickets starting from US$25!
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- [Tech in Asiaâs Founders Meetup in Singapore on April 24](
Itâs hard to answer the question of whether investors are ready to deploy funds amid the current macroeconomic environment, but weâve got the insights you need. Esteemed VCs like Ed Barker from Square Peg, Jeffrey Seah from MSW Ventures, and Rufus Sorsa from Antler will share their take on funding optimism, sector rebounds, and strategies for navigating the tech winter. Early bird tickets are usually sold out in record time, so hurry and [get yours now]( ---------------------------------------------------------------
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WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [IT Project Manager (Integra Pratama)]( at Dealls
Jakarta, Indonesia
- [Remote Blockchain Developer]( at Forest Technologies
Indonesia Bulk Terminal, Indonesia
- [Social Media Internship]( at Purwadhika Digital Technology School
Tangerang, Indonesia
- [Content Strategist]( at PT. YUKK Kreasi Indonesia
Tangerang, Indonesia
- [Fullstack Developer]( at Scout.inc
Jakarta, Indonesia
- [Account Manager (IT Security)]( at Juke Solutions
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