Rising SE Asian startups this week: Bitsmedia, NeuroTrend, and more

Which are the startups that are on the path to becoming the next big thing? In this regular post, we give you an overview of the companies that have raised money in the past week, as well as those that we think investors should look at.

1. Bitsmedia (Singapore)

Bitsmedia is the company behind MuslimPro, the most popular app for Muslims in the world with 65 million downloads to date. More info.

2. NeuroTrend (Singapore)

NeuroTrend is a neuromarketing startup. Neuromarketing applies techniques from psychology and cognitive neuroscience to marketing research.

NeuroTrend’s solution works by recording the eye movements, facial expressions, and other physiological measurements of focus group participants, using polygraph, facial recognition, and eye-tracking equipment. More info.

Amount raised: US$1.5 million seed round
Investors: Led by Trive Ventures. Other investors include known startup angels Lim How Teck and Lim Ho Kee.

3. Propine (Singapore)

Propine acts as a custodian for blockchain-based digital assets. Its offline solution offers protection against hackers and rogue employees by allowing clients to authorize transactions securely from any location. More info.

Amount raised: US$1.2 million seed round
Investors: Led by Decacorn Capital, which co-invested with SGInnovate. LuneX, Entrepreneur First, MTZ Holdings, Xpanasia, and Chainfund Capital participated.

4. Sendhelper (Singapore)

Sendhelper focuses on organizing the unorganized blue-collar and non-executive labor market. More info.

Amount raised: US$443,000
Investors: Captii Ventures

5. Horizon (Singapore)

Horizon is building a suite of tools that allows software engineers without any background in quantum computing to develop what it calls “quantum-enhanced applications.” More info.

Amount raised: Unknown seed round
Investors: SGInnovate

6. Involt (Singapore)

Involt designs and builds energy storage cells that it claims can speed up the adoption of electric vehicles, solar power, and wind power. More info.

Amount raised: Unknown seed round
Investors: SGInnovate

7. Portcast (Singapore)

Portcast uses machine learning tech and real-time data to help logistics businesses better predict cargo flows and implement dynamic pricing. More info.

Amount raised: Unknown seed round
Investors: SGInnovate

8. Minutes (Indonesia)

9. Sejasa (Indonesia)

10. Tueetor (Singapore)