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Posts Tagged ‘Indonesia’

Pachama launches to support global reforestation through carbon markets

The world’s forests are ablaze, under threat from illegal logging, and disappearing due to the less dramatic environmental degradation wrought by drought and other signs of climate change. It’s part of the negative feedback loop that seems to be accelerating climate change as greenhouse gases accumulate in the atmosphere, but one startup company is trying ...

Style Theory, a fashion rental startup in Southeast Asia, raises $15 million led by SoftBank Ventures Asia

Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group, with participation from other investors including Alpha ...

UK’s oldest ISP blames DoS attack on attempt to suppress human rights report about West Papua (read it now!)

Greennet (previously) is the oldest ISP in the UK, tracing its origins back to Fidonet, where it was a hub for radical progressive political movements, which has attracted retaliations (in the form of DDoS attacks by repressive states) and surveillance (Greennet was one of the plaintiffs in a lawsuit against GCHQ over surveillance ...

Announcing the winners of Sense About Science’s 2019 Maddox Prize

The UK charity Sense About Science (previously) has announced the winners of its 2019 John Maddox Prize for Standing up for Science:forest fire expert Bambang Hero Saharjo and pharmacist Olivier Bernard.

Saharjo, "the foremost expert on illegal and destructive forest and land fires in Indonesia," has faced threats, harassment, intimidation and lawsuits for ...

Rwanda to phase out gas motorcycle-taxis for e-motos

The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. The country’s president Paul Kagame previewed the plan last week. “We will find a way to replace the ones you have now. We urge taxi-moto operators to help us when the phase-out process comes,” ...

YC-backed Eden Farm wants to cut out the middlemen between farmers and restaurants in Indonesia

Eden Farm is a startup with the ambitious goal of building a food distribution network for Indonesia, where many restaurants currently rely on markets for fresh ingredients. But this means high markups and unreliable supplies for restaurant owners and lower profits for farmers, co-founder and CEO David Gunawan tells TechCrunch. The company, part of Y ...

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia

Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series A round for the one-and-a-half-year old startup was funded by MassMutual Ventures Southeast Asia. Arc Labs and existing investors Y Combinator — Aspire graduated from ...

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Before even pitching on stage at Y Combinator, MyPetrolPump, the Indian startup with a car refueling business has managed to snag $1.6 million in its seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi, and Booster Fuels, took ten months to design and receive approvals for its proprietary refueling ...

SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek

Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using some of the $7 billion or so that it has raised to date: $2 billion provided by SoftBank is being earmarked Grab’s operations in Indonesia — the biggest economy in Southeast ...