Startup-O
#05-05, The Herencia 46, Kim Yam Road, Singapore, 239351
Overview
Startup-O is a global venture platform for startup assessments, investments & cross-border scaling. It is well recognized for its 'Entrepreneurs for Entrepreneurs' ethos, data-driven startup assessments, and venture scaling networks for 'post revenue' startups. Established in 2016, Startup-O is trusted by 2000+ startups from 40+ countries by mid-2021. A proprietary methodology combining experts-led online evaluations and ranking algorithms determines top-rated tech opportunities. This provides deserving founders access to associated venture funds and global partner networks spread across 15 countries that help build the startup venture collaboratively. 24 companies on the platform have raised seed to pre-series A size funds successfully, while another 20+ companies are engaged with cross-border venture scaling and scores of other startups have benefitted from the community resources. Startup-O has also partnered with Enterprise Singapore to enable 17 first-time founders with SG Founder grant and has helped commercialize the deep tech company incubated as a partner with Deep Tech institution A*Star Accelerate. It has established its presence with AseanLabs in Japan in May 2021. In 2019, its awarded the No.1 slot in Asia for its outstanding contribution to building the startup ecosystem in a contest among 247 participants including leading VCs, incubators, accelerators, and corporate innovation entities.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Internet
- Venture Capital
Investment portfolio
- Lumitics
Participated · Seed · Feb 2020
Lumitics builds Insight, a smart waste-tracking device that uses sensors and proprietary image recognition to weigh and identify food thrown away by restaurants and commercial kitchens and sends data to a cloud dashboard. The device fits on top of existing kitchen bins and requires no manual input, enabling hospitality and F&B businesses to identify waste sources and cut costs. Lumitics was founded in 2017 by Rayner Loi and Keshav Sivakumar and was previously called Good for Food before renaming in 2019. The company has received grants and support from Temasek Foundation Ecosperity, Enterprise Singapore, NUS Enterprise and incubator BLOCK71. With the recent oversubscribed seed round, Lumitics plans to improve product development, grow its Singapore market share and expand regionally across Asia. The startup is focused on hospitality and F&B customers but may also target airlines, hospitals and schools in future expansions.