Singapore, 23 May 2013 — JFDI.Asia Pte Ltd today announced the final line up of start-ups for the Demo Day of its first 2013 seed accelerator program. The presentation, sponsored by Global Brain Corporationof Japan, already has over 100 investors confirmed to attend including 500 Startups’ Geeks On A Plane.
Startups pitching for seed funding for the first time will include: Scrollback, a micro-forum platform for open communities; Collabspot, which helps salespeople collaborate within Gmail; Krake, a data harvesting engine that brings the benefits of big data to individuals; Klinify, a patient record management platform that fits clinics’ workflows; Duable (讀able), using computational linguistics to customize learning language; OurHealthMate, a payment gateway to secure family healthcare; and UserScout, an end-to-end research process management tool. Returning to the stage after a year of growth, JFDI alumni Fetch Plus and Flocations will share their progress and invite dialogue with Series A funders.
Hugh Mason, Co-founder and CEO at JFDI.Asia, said: “The teams in our current accelerator program started strong and have just kept going. Thanks to the incredible generosity of our volunteer mentors, the last 100 days really has been about accelerating their market traction and focusing the value proposition they can offer to investors as well as customers. We are hugely honoured that Global Brain Corporation has joined our demo day as a sponsor and look forward to a deepening relationship with the fund and its associates in Japan.”
JFDI.Asia’s demo day will be held on 3 June at the Joyful Frog Innovation Campus, 71 Ayer Rajah Crescent, Singapore. Overwhelming interest in the event has forced JFDI.Asia, with regret, to limit attendance exclusively to invited, accredited and active investors. Confirmed seed stage investors attending include Golden Gate Ventures, Jungle Ventures, TNF Ventures and Wavemaker Labs. Institutional funds confirmed as attending include Vertex Venture Holdings, Temasek and Sequoia Capital.
Ong Chiah Li, Investor Relations Partner at JFDI.Asia, said: “It’s a real pleasure to see how the profile of our Demo Day is growing, attracting an ever-widening pool of investors not just from Singapore but also from around the world. We are delighted that Geeks On A Plane have chosen to make our demo day the very first event they attend in Southeast Asia and l know they will enjoy networking with local investors who may be future deal partners as well as seeing our startups present.”
Startups pitching include approximately 30% Singaporean citizens and Permanent Residents. Other team members hail from the US, Taiwan, Philippines, India, France, Vietnam and New Zealand. The businesses they have created are all incorporated in Singapore.
Global Brain Corporation is a venture capital firm focusing on seed and early stage ventures. It was established in 1998 in Tokyo, Japan by Yasuhiko Yurimoto, who remains its CEO today. Global Brain also has an office in the Silicon Valley. In addition to capital, Global Brain accelerates the growth of its portfolio ventures by providing hands-on support to kickstart business models, marketing teams, sales processes, key executive appointments and global business development. Global Brain is now heavily focused on finding outstanding startups in SE Asia to make investments from one of their multiple funds, primarily the KDDI Open Innovation Fund, worth USD55M.