Iterative co-founders Brian Ma (left) and Hsu Ken Ooi / Photo credit: Iterative
Iterative has invested in the 18 startups that made up its sixth cohort.
The Singapore-based VC firm said it received over 750 applications for its latest program, a 70% increase over the last. It is currently accepting applications for its Summer 2023 batch, which is slated to run from July through September.
Through its program, Iterative invests between US$150,000 to US$500,000 for an around 10% stake in each company.
See also: Recession Run: Iterative’s $55m plan amid a downturn
Excluding one fintech startup that is still in stealth mode, below are the participants in Iterative’s sixth cohort:
Amay (Myanmar)
A platform that provides consumer loans through its mobile app that automates the underwriting process
Blink (Indonesia)
A one-click checkout service provider for ecommerce firms in Indonesia
Boost Capital (Singapore)
A platform that enables loan and financial services through smartphones
BuildBear (Singapore)
A platform for testing decentralized apps at scale
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