YC doubles the number of SEA startups in latest cohort

Startup enabler Y Combinator has unveiled the 33 Southeast Asian startups that have been included in its latest winter 2022 cohort. The number is almost doubled from the last batch and amounted to around 8% of the 414 startups that were funded by the accelerator in this cohort.

As part of the accelerator program, Y Combinator will invest US$125,000 in seed capital for a 7% stake in each startup. It will also give them access to company-building workshops, a global curriculum, and support from a community of mentors.

From those 33 startups, around half of them come from Indonesia, while another 10 are headquartered in Singapore. Five startups originate from Vietnam while two others hail from Malaysia. These 33 startups offer solutions for industry verticals such as fintech, quick commerce, SaaS, recruitment, and blockchain, among others.

Here’s a list of startups from Southeast Asia that have made it to the YC W22 program:

Indonesia

CrediBook

Founders: Gabriel Frans, Christian Lee, and Dekha Anggareska
Launch: 2020

CrediBook digitizes the SME supply chain, from wholesale to retail, through an online wholesale and bookkeeping operation system.

Fresh Factory

Founders: Widijastoro Nugroho, Larry Ridwan, and Andre Septiano
Launch: 2020

Fresh Factory provides a network of hyperlocal cold chain fulfillment centers and have equipped them with fulfillment management systems.

Dropezy

Founders: Chandni Chainani and Nitesh Chellaram
Launch: 2021

Dropezy is a startup that delivers groceries in under 15 minutes.

Singapore

Vietnam

Malaysia