Tag: #VentureCapital

  • Deel Unveils The Pitch: A $15M Global Tournament to Discover the Next Generation of Borderless Founders

    Deel, a leading global HR and payroll platform, has officially launched The Pitch, a landmark international startup competition aimed at discovering and funding the next generation of borderless founders. Designed to challenge traditional venture capital norms, the initiative focuses on identifying high-potential seed-stage startups based purely on merit, innovation, and execution—rather than geography, access, or networks. By leveraging Deel’s extensive global footprint, The Pitch seeks to democratize access to capital and visibility for founders worldwide.

    With ambitions on a truly global scale, The Pitch is expected to engage more than 20,000 startups across seven regions, culminating in a total investment pool of up to USD15 million. Through a highly selective process, up to 100 regional winners will each receive USD50,000 in investment, while as many as ten global champions will be awarded USD1 million each to accelerate their growth. With a final selection rate of just 0.05 percent, the competition positions itself as more selective than many of the world’s most established startup accelerators.

    Unlike conventional funding pathways that rely heavily on localized ecosystems, The Pitch introduces a new standard for global venture discovery. Startups are evaluated through expert-led assessments and data-driven insights designed to surface “high-signal” founders with scalable ideas. Applications are now open to seed-stage founders globally, with the journey leading to seven in-person regional finals hosted in major innovation hubs such as Singapore, New York, London, and Berlin, before culminating in a global finale scheduled for May 2026.

    The competition is presented by J.P. Morgan and supported by an impressive lineup of partners, including Andreessen Horowitz, dLocal, Google, Orrick, Prodware, Ribbit Ventures, and Stripe. Together, these partners reinforce the competition’s credibility and global reach.

    Through The Pitch, Deel underscores its commitment to empowering founders everywhere, regardless of borders. The initiative not only offers capital, but also global exposure, strategic validation, and access to an influential network—marking a bold step forward in shaping a more inclusive and borderless startup ecosystem.

  • AppWorks Highlights 8 Malaysia–Singapore Startups Pioneering Urban, SME, and Capital Innovation at MVCA 2025

    AppWorks Highlights 8 Malaysia–Singapore Startups Pioneering Urban, SME, and Capital Innovation at MVCA 2025

    AppWorks Demo Day #31 landed in Kuala Lumpur today as part of the Malaysian Venture Capital & Private Equity Association (MVCA) Conference 2025, themed Beyond Borders: Positioning ASEAN in the Global Private Capital Renaissance. The event highlighted eight dynamic startups from Malaysia and Singapore, all innovating across AI, Web3, robotics, and urban infrastructure, offering investors, corporates, and ecosystem builders a glimpse into Southeast Asia’s next generation of scalable ventures. Malaysian founders showcased solutions addressing everyday challenges—from urban congestion to accessible investment opportunities—with companies like Parkit, which optimizes parking infrastructure for businesses and MRT commuters; Carching, a data-driven out-of-home advertising platform using everyday vehicles; Plandora, providing AI-powered travel planning via creator-authenticated itineraries; and Singular, which democratizes access to private equity through on-chain fractional shares.

    Singapore-based startups presented Malaysia as a strategic first-market for regional expansion, demonstrating readiness to scale cross-border. These included Farmio, an AI-driven food supply chain platform; Fluid, a B2B payments and embedded credit solution; Hivebotics, which deploys AI-powered commercial cleaning robots; and Alpha Story, a platform turning complex technologies into clear, investment-ready digital narratives. Together, the eight startups illustrated a region-wide shift towards operational resilience, scalable solutions, and cross-border growth in line with Southeast Asia’s projected USD 360 billion digital economy by 2026 and a USD 120 billion AI-driven GDP uplift by 2027.

    The Demo Day combined rapid-fire pitches with an alumni fireside chat, providing actionable insights into scaling businesses across ASEAN markets. Speakers such as TK Chuah, Founder & CEO of Bootsorder, and Sophie Chu, Principal of AppWorks AI Arm, offered guidance on leveraging community support, navigating new regulatory environments, and adopting North Asia’s fast AI adoption trends to scale confidently. Highlighting Malaysia as a strategic bridge for talent, capital, and technology, the event emphasized that sustainable growth in Southeast Asia demands market agility, deep customer understanding, and cross-border collaboration. By positioning founders directly in front of investors and corporate decision-makers, AppWorks and MVCA reinforced Malaysia’s growing role as a hub for high-potential, regionally minded startups ready to make an impact across ASEAN and beyond.