J. Angelo Racoma

The fresh capital will be used to grow its local team and invest in the startup's sales and customer success.

The program will provide access to 500 Startups mentors and founders who have significant business experience in the Southeast Asian Region and in the US. Qualified startups will also have access to the firm’s extensive network of investors.

A winner at the ORIGIN Innovation Awards 2020, SandStar's unmanned vending platform provides a dynamic recognition technology and advanced motion semantic recognition aimed at the retail industry.

"Tookitaki AMLS allows the money laundering patterns to be automatically shared across banks globally (irrespective of their size) to facilitate collective intelligence and outsmart the criminals by identifying the suspicious money trails buried deep inside the mountain of legitimate transactions."

The startup is a Silicon Valley-based startup that utilizes its Nuance Technology, which allows its AI to process documents and automate the workflow that businesses involved in the supply chain industry have to deal with.

The interactive courses will tackle several topics including digital marketing, product knowledge, and business strategy.

BukuWarung plans to use its fresh capital to expand its tech and product teams in Indonesia, Singapore, and India. It will concentrate on becoming more self-sustaining by working on its payments solution and releasing new monetization products.

PasarPolis aims to increase insurance penetration and literacy across the region, with plans to scale its Vietnam and Thailand markets this year.

Fresh capital will be used to expand in other Asia-Pacific countries such as Indonesia, Malaysia, India, and the Philippines and improve the platform to include new features based on accelerated demand driven by the pandemic.