VC

What funding winter? SEA's still Surging forward

August 23, 2022
Sequoia Surge

Surge, Sequoia's accelerator program for Southeast Asian and Indian startups, has just revealed the 15 startups part of its seventh cohort— which includes six SEA startups!

  • You get up to $3M, with no minimum check size (expanded from $1M–$2M in seed) and join a 16-week hybrid program.

👋🏼 Let's meet them!

🇮🇩 Whiz. This Indonesian fintech allows teens to create their own accounts, make QR payments across Indonesia and learn how to budget and save!

  • Parents can manage allowance and oversee transactions.
  • Co-investors include AC Ventures, Alpha JWC Ventures, Goodwater Capital, Ondine Capital and Y Combinator.

🇸🇬 PixCap. They're an animation platform that allows anyone to create animations for 3D illustrations, games and designs. Think Canva for 3D design!

  • They have over 20,000 users form over 60 countries.
  • Co-investors include Cocoon Capital, Entrepreneur First and Michael Gryseels.

🇸🇬 Metaschool. They're a platform where developers can learn, collaborate, build and ship web3 projects.

  • In six months, 74,000 developers from 50 countries have signed up.
  • Co-investors include Luno, Global Ventures, Polygon Ventures, Wing Vasiksiri and XA Network.

🇮🇩 Semaai. They're an Indonesian agritech building end-to-end solutions for farmers and argicutural shop owners to more efficient and earn more.

  • They allow farmers to easily access farming tools and affordable agricultural inputs.
  • They raised a $1.3M pre-seed early this year from BEENEXT, Sequoia Surge and several angels.

🇹🇭 Beam. They're a one-click checkout solution for all platforms — from websites to social media and messaging platforms.

  • They even manage payment processing for sellers.
  • Partech Partners co-invested.

🇸🇬 Unravel Carbon. This Singaporean startup is here to help companies track and reduce their carbon emissions through AI.

  • Their platform converts companies' accounting data to full supply chain carbon data and helps them find pathways to net zero.
  • They announced a $7.4M seed from Sequoia Surge, Alpha JWC, GFC and more early this year.

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