Hi everyone. Taro here.
Elon Musk has been getting a lot of press recently because of his acquisition of Twitter and the subsequent dip in Tesla’s share price, causing a huge ruckus across online discourse channels. This makes one realize the internet is fast becoming the domain for the rich, while the original vision of a free utopia of expression is slowly eroding. Is Web3 the answer? Perhaps. Is a reversion back to handwritten letters and telegrams on the cards? I truly hope not, although vinyl records becoming the norm would be great.
AgriSea NZ Seaweed uses New Zealand-harvested seaweed to create products for agriculture, horticulture, apiculture, and home gardening.
Ārepa worked with neuroscientists to develop drinks that improve cognitive performance, using all-natural ingredients.
Boring Oat Milk produces milk using locally sourced oats.
Chia Sisters makes drinks that use natural ingredients with its solar-powered juicery.
Daisy Lab uses precision fermentation technology to develop a much more environmentally friendly process for creating dairy protein.
Leaft Foods develops green plant proteins using rubisco proteins extracted from green leaves.
The Pure Food Co provides a range of food products designed to cater to the nutritional needs of senior citizens.
Nothing But Net
Recent Startup Wins
- The Visa Accelerator Program revealed five startups that will join its latest cohort: Cymonz, Moneytree, Perfios, TallyKhata, and TripleA.
- Metaverse Green Exchange announced a new partnership with OCBC to develop green financing solutions on its digital token platform.
- Singaporean blockchain accelerator Tribe is partnering with the Algorand Foundation to run a number of new programs starting in June.
- Luno received in-principle approval from the Monetary Authority of Singapore to provide crypto payment services in Singapore.
Pick & Roll
Interesting Drops From the Week
- Deal Fridays, organized by Enterprise Singapore and the Monetary Authority of Singapore, is back to connect startups, investors, and corporates. [via Enterprise Singapore]
- Fidelity has announced it will begin to allow US employees to choose to save a portion of their 401(k) as Bitcoin. [via The Verge]
- One-time pandemic golden child Robinhood announced it is cutting 9% of its workforce. [via Reuters]
- Here’s an interesting op-ed on the “winner’s curse” that can affect VCs with their investments. [via HBR]
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