2022 Year in Review
Amasia News
We launched our impact assessment framework and added Jermayne Ong to our team to expand our impact measurement capacities.
We launched the second cohort of AxBC, a course for startups that teaches the science of behavior change.
Our interview series is now a podcast! It is also available on Spotify and Apple Podcasts if you prefer to listen there.
We celebrated the third anniversary of our fellowship for university students — we now have 26 alumni.
Portfolio News
We loved how our companies continued to evolve. High points include (but are not limited to!):
Clarity added wind and ozone modules to its available solutions.
Dialpad launched an AI-powered customer satisfaction engine.
Finch signed a deal with Microsoft to help them improve their Ethical Shopping experience on Microsoft Bing.
Joro launched in Canada.
Living Food introduced cloud kitchens in Mumbai.
Renaissance expanded its early literacy portfolio with the acquisition of KeyPhonics.
Ripio acquired Colombian crypto platform Panda Exchange.
Scrimba hit 900K users.
Skillshare launched local language content and capabilities in Spanish, Portuguese, French and German.
TreeDots expanded into Malaysia and Indonesia.
Xendit doubled down on Southeast Asia expansion.
Financing News
Financing events can overshadow more fundamental developments but are one marker of progress. Here are some of the public announcements:
Clarity raised a $9.6M Series A+, led by Amasia and Active Fund.
Go1 raised $100M, co-led by AirTree Ventures and Five Sigma.
Joro announced its $10M Series A, co-led by Amasia and Sequoia.
Living Food raised $7.5M Series A investment, led by Amasia.
Pique Action announced its $1 million pre-seed fundraising round, led by Amasia.
Super closed a $70M Series C, led by NEA.
The New York Times Company purchased The Athletic in a deal valued at $550 million.
Unravel Carbon announced its US$7.38M (S$10 million) seed round fundraise, led by Sequoia India’s Surge.
Xendit announced its $300 million Series D funding, led by Coatue and Insight Partners.
Recognition
Many of our companies were recognized for their efforts this year, and we'd like to share some of the highlights:
Dialpad was named in Fast Company’s 50 Most Innovative Companies for 2022.
Focusmate was featured in the New York Times.
Joro and GoTo were named TIME's list of the 100 Most Influential Companies of 2022.
Living Food made LinkedIn's list of the Top 25 Startups in India.
Skillshare was listed on a16z + Future's Marketplace 100 list.
Super was recognized as one of Y Combinator's top companies.
Xendit's Tessa Wijaya and Platzi's Freddy Vega were featured in Rest of World's 100 Global Tech Changemakers.
We march to our own drummer, and so we are especially thankful for the support of all our friends. To stay updated on our activities, keep an eye out for our monthly newsletter and follow us on LinkedIn.
Best wishes for the new year!