{"id":4245,"date":"2023-07-06T10:24:38","date_gmt":"2023-07-06T02:24:38","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4245"},"modified":"2023-07-06T10:24:39","modified_gmt":"2023-07-06T02:24:39","slug":"daily-markup-780-first-move-empowers-consumer-focused-early-stage-startups-in-se-asia-with-up-to-us100000-and-mentorship","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4245","title":{"rendered":"Daily Markup #780: First Move empowers consumer-focused early-stage startups in SE Asia with up to US$100,000 and mentorship"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/zs638Syo3Ho6Qosyk2zGNvKCyA2N3nsqhddS1rJGaNCMM_SF7D9BA686sFpkqgccpDIWjzH41DHsYxWtlhMU_wdG-TFQl2kUPHUCaaWIxptp9uMix0GdxhD9oPXhEDZEgJ7AKinUB_0QQsW8GTuRIoI\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Credit: First Move<\/figcaption><\/figure>\n\n\n\n<p><strong>Each new beginning starts with the first move<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Congratulations to ex-Fave leaders Joel Neoh and Audra Pakalnyte for launching founder-led, early-stage venture capital (VC) fund <a href=\"https:\/\/www.firstmovefund.com\/\">First Move<\/a>!<\/li>\n\n\n\n<li><a href=\"https:\/\/bit.ly\/3O0I5s7\">The new fund provides pre-seed funding of up to US$100,000<\/a>, which seven companies across Singapore, Malaysia, and Indonesia have received (Giggly Coco, Scentses + Co, Collektr, Evolut Commerce, TjuFu, and Decube), as well as valuable mentorship, and access to a network of industry connections.<\/li>\n\n\n\n<li>\u201cWe are committed to paying it forward, supporting founders, being companions on their journey, and filling the crucial gap of early-stage support in Southeast Asia,\u201d Joel shared.<\/li>\n\n\n\n<li>First Move actively partners with VCs in the region, and one of its first backers is 500 Global.<\/li>\n\n\n\n<li>The company also established the Consumer Tech Angel Syndicate, a close-knit group of experienced founders and executives in the consumer space.<\/li>\n\n\n\n<li>\u201cSoutheast Asia is seeing the compounding effect of having multiple generations of successful founders backing future founders. Angel syndicates and founder-led funds like these are crucial allies as 500 Global continues to invest across seed and growth stages of our region\u2019s best companies,\u201d said Khailee Ng, Managing Partner at 500 Global. \u201cCollaborating with First Move propels the very best builders I know, Joel and Audra \u2013 to launch the next generation of founders.\u201c<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/3O0I5s7\">TechNode Global<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Each new beginning starts with the first move<\/p>\n","protected":false},"author":5,"featured_media":4246,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[574],"class_list":["post-4245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-first-move"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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