Beauty by the bootstraps

More: Sky Mavis scales back a funding round big time. [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: - [How a focus on profit and owning the value chain is working for Coco & Eve]( - The greentech startup tackling wastewater woes in Singapore - Other newsy highlights such as Tesla’s arrival in Malaysia --------------------------------------------------------------- Hello {NAME} Inspiration can come from anywhere: a movie, a chat with a friend, the design of a packet of instant noodles, or even a holiday. In my case, a trip to Bali a few months ago inspired a couple of thoughts. One, I have to go back to the island and spend more time soaking in all it has to offer. Two, I need to start investing in stronger sun cream! A visit to the same Indonesian slice of paradise inspired Emily Hamilton to do something much bolder: launch a sustainable beauty brand. Today’s premium story dives into how she bootstrapped Coco & Eve to profitability. -- Peter Before we dive into the rest of this week’s news, stay a while and listen: Tech in Asia’s annual conference is back and better than ever, and we’re hosting it in Jakarta from October 18 to 19. We’re welcoming everyone to the event, which will feature a star-studded lineup of speakers and the insightful sessions you’ve come to expect from us. To get your early bird tickets, visit our site [here](.  ---------------------------------------------------------------  THE BIG STORY [How serial founder Emily Hamilton bootstrapped profitable beauty brand Coco & Eve]( The Singapore-based firm expects its profits to grow 40% year on year in 2023. --------------------------------------------------------------- TRENDING NEWS [Tesla enters Malaysia with Model Y SUV]( Elon Musk previously spoke with Malaysian Prime Minister Datuk Seri Anwar Ibrahim in preparation for Tesla opening its HQ in Selangor this year. [Sky Mavis scales back $150m funding round after reimbursing all users]( The Axie Infinity developer only raised US$11 million in a round led by a16z and Animoca Brands. [Thunes hits $900m valuation after raising $12m from Visa and others]( The Singapore-headquartered payments firm has raised a total of US$72 million for its series C round. [Hydroleap raises $4.4m to bring wastewater tech across APAC]( The Singapore-based firm’s treatment process can eliminate up to 95% of pollutants in industrial wastewater. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Mapping the tech firms ensnared in rising US-China tensions]( From AI and semiconductor firms to ecommerce platforms and electronics manufacturers, these are the pawns in the US-China trade war. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Founders Meetup: Thailand on July 26]( Thailand's startup ecosystem is buzzing. With over 1,000 startups and funding at a record high of over US$500million in 2022, the vibrant landscape is making waves in the global startup scene. Join us at our Founders Meetup to connect, learn, and grow with like-minded founders in the country on July 26 at theCOMMONS (Thonglor, 335/1 Sukhumvit 55 Klongton Nua, Wattana, Bangkok 10110) from 5:30 pm to 7:30 pm. Only a few tickets are left - secure yours now! - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your early bird tickets.  - [Tech in Asia’s Founders Meetup: India on August 25]( Do you want a closer look at India’s tech scene? Discover the hidden gems of India’s startup ecosystem at our networking event on August 25 at Byg Brewski (9, 36, 4th Floor, Vaishnavi Sapphire Centre, Tumkur Rd, Yeshwanthpur Industrial Area, Phase 1, Yeswanthpur, Bengaluru, Karnataka 560022) from 5:30 p.m. to 7:30 p.m. Whether you’re facing roadblocks in funding or talent acquisition, connect with fellow founders and find solutions to your most pressing issues while offering your own expertise. Don’t miss out - [sign up now]( ---------------------------------------------------------------  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. - Geniebook - [Discover the Geniebook Summer Festival 2023: Unlocking Excellence in Education]( Singapore's leading EdTech platform, is hosting the highly-anticipated Summer Festival in Hanoi on 14 - 16 July - ChargeSini - [ChargeSini Powers New MINI EV Charging Facility in Melaka]( Local EV charging solutions provider ChargeSini collaborated with BMW Group Malaysia. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Product Owner]( at PT Kawan Lama Sejahtera Jakarta, Indonesia - [FRONT END (VueJS) DEVELOPER]( at Active8me Manila, Philippines - [Business Consultant]( at Andal Software Jakarta, Indonesia - [Warehouse & Supply Chain Staff]( at UENA Jakarta, Indonesia - [Copywriter Part-time]( at PT docheck Bagi Indonesia Bandung, Java, Indonesia - [Application Consultant]( at Andal Software 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