Asia Digest: MOX unveils eighth cohort, BCA launches accelerator programme

Taiwan-based Mobile Only Accelerator (MOX) has revealed the names of 10 startups in its eighth cohort. Meanwhile, Indonesia’s largest private lender Bank Central Asia (BCA) has unveiled as many as 11 startups focused on AI, IoT businesses in its second batch of accelerator programme in partnership with Digitaraya.

MOX selects 10 startups in eighth cohort

Taipei-based Mobile Only Accelerator known as MOX has unveiled its eighth cohort of 10 startups across Asia, the company said.

Following the closing of $277 million fourth fund in an oversubscribed round, MOX will invest in startups focused on govtech, publishing tech, edtech, D2C retail, and logistics later this month.

Headquartered in India, Pakistan, Indonesia and Malaysia, the startups from the MOX 8 cohort target mobile-only users, who primarily use smartphones to carry out their daily tasks. SOSV invests $100,000-120,000 in each company.

“The next generation of internet leaders from mobile-only markets has a unique opportunity to build a personal relationship with users. The MOX 8 cohort represents internet leaders who have a direct bond with customers and the potential to become super apps,” SOSV general partner and MOX managing director said.

MOX will hold a demo day event between February 25 and February 28 in Singapore.

The startups that have been selected are Arkademi, Civilcops, The UberEats of Pakistan Eat Mubarak, Giladiskon, Kravve, Moodah, Pencil, Verismart, Supplynote, and Yuna&Co.

MOX is operated by SOSV, a US-based venture capital firm with over $$700 million under management as of this year. So far, SOSV backs more than 150 startups annually through its six global accelerators in hardware, biotech & life sciences, software, blockchain, and food tech & agritech.

BCA unveils 11 startups in second cohort  

One of Indonesia’s largest lenders, BCA has launched a second cohort of its accelerator programme in partnership with GK – Plug and Play, the company said in a statement on Tuesday.

The accelerator, called SYNRGY, has selected 11 startups focused on augmented reality (AR), Internet of Things (IoT), biometrics, robotics, computer vision, and artificial intelligence.

These include Sensum, Assemblr, Cubeacon, Delman IO, DyCodeX, KYCK !, Octagon Studio, Qomodo, Shinta VR, Verihubs and Zero One.

Through the course of the programme, the SYNRGY accelerator gives startups the required access to investors. It also offers them mentoring programmes, among others.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.