Brilliant, unknown start-ups!
3-in-1: 3 digital news in 1 minute. On Monday. Episode 185
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News 1: Eat the barcode — TruTag!
Startup TruTag Technologies has invented an edible “barcode” made of a silicon derivate that can be eaten. The microscopic, edible barcodes can be placed on medicines, an app can detect the code. The anti-fraud system for valuable eatable products. Opinion: A longer path for this start-up that was founded in 2011 — gathered 25m USD for research and development. Difficult still to imagine so many usecases. B2B takeout: See the extraordinary power of invention in the start-up business — an edible barcode!
News 2: Vivid start-ups in Singapore and Carousel
Singapore is a vivid center for start-ups, from the island to all SE Asia. Carousel is one of these successes — $183m financing. A marketplace app like Ebay — with the typical Asian function of chatting. A third of share belongs to Norwegian telecom company Telenor. Expansion to SE Asia with acquisition in Philippines, Vietnam and India. Opinion: A complicated situation at Carousel, with a corporate round in April 2019 bringing 32% of share to Telenor. And Telenor already active in the sector of marketplace (OLX, 701 Search). In the first investment round we find the Japanese e-commerce giant Rakuten. However, the plan is simple: being the leader of marketplace in SE Asia. B2B Takeout: Bumping into Telenor in this corner of the world is a discovery — research show long-time telecom activities in Thailand, Burma, Pakistan. North to East!
News 3: Airbnb from EU with a twist. Leavy with coins.
French startup Leavy is a somewhat like Airbnb, but with a model where one can earn travel credit or cash with renting one’s home or posting tips. A community model. Leavy is 2,5 y.o. and announced a $14m funding round for expansion. Paris based. Opinion: Leavy coins is the name for travel credit. A difficult exercise for a travel community — is there enough drive and destinations for the platform to perform and the user to find enough choice. B2B Takeout: A good model for community — restricted to a country selection — above all the travel axis France-USA. Hence insuring community intensity.
Authors are the 10 trend scouters at Space and Lemon, always on the hunt for the newest trends in tech and digital. Gathered here in original weekly news since 2016 — no re-write of TechCrunch, always with an opinion and B2B takeout. Come back next Monday and share your opinion.