SG Digest: ACE raises $400k in funding; Shippit partners with SingPost

Singapore. Photo by Andrew Kow on Unsplash

Singapore-based personalised celebrity video platform ACE has raised $400,000 in pre-seed funding while Australian logistics technology company Shippit has announced a partnership with Singapore Post.

ACE raises $400k in funding

Singapore-based personalised celebrity video platform ACE has raised $400,000 in pre-seed funding from a group of investors including Manila Angel Investors Network (MAIN), e27 reported.

Other investors participating in this round included celebrity investor Max Loong, angel investors from Grab, Carousell, Ayden Payments, and Google.

Founded last year, ACE is an online platform for actors, musicians, DJs, models and business leaders, to connect directly with their fans for personalised video messages.

The company will use the fund raised to scale ACE’s talent and consumer base both regionally and globally.

Shippit partners with SingPost

Australian logistics technology company Shippit has announced a partnership with Singapore Post (SingPost) to expand in Singapore, The Business Times reported.

Under the partnership, Shippit’s SME customers can access more delivery options including packages delivered directly to Pick Own Parcel Stations or POPStations, and letterboxes.

Shippit officially launched in Singapore on 14 July to serve as the startup’s regional headquarters. It plans to expand into Malaysia, the Philippines, and Indonesia in the near future.

Founded in 2014, Shippit is a powerful shipping engine for modern retailers that saves time, money and removes friction in the delivery process. The firm said on its Linkedin that it has raised a total of $5.3 million capital to date.

 

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.