Led · Seed · Oct 2020

SpaceSense develops an artificial intelligence platform that automates the creation and deployment of models to extract advanced insights from satellite images. The platform is positioned to simplify the complex analysis of satellite data and make space-derived intelligence more accessible. The company plans to concentrate first on agriculture, with use cases including yield prediction, soil humidity detection, and crop health monitoring. SpaceSense is supported by organisations such as the European Space Agency, CNES, 50 Partners, and École Polytechnique. With the fresh seed funding it will recruit seven engineers and doctors to accelerate product development. The startup frames its technology as a ready-to-use solution to address agricultural and environmental challenges and to democratize space intelligence.

Participated · Equity · Jun 2018

AsiaKredit is a digital consumer lender focused on Southeast Asia that offers unsecured small-ticket, short-term consumer loans via its mobile app, pera247. Pera247 launched in the Philippines in November last year and provides loans for up to 90 days to the over 80 million unbanked and underbanked with limited or no banking history. The company uses data-driven credit assessment tools to analyze mobile behavioral data and other alternative sources to make fast and reliable credit decisions. Within six months of its launch AsiaKredit processed over 100,000 loan applications. Customers can withdraw funds and make payments through more than 10,000 cash centers. The company intends to use new funds for loan capital, to enhance its proprietary technology platform, expand underwriting and collections infrastructure, and launch new products. AsiaKredit is led by CEO and co-founder Michael Singh.