SAP launches Singapore accelerator for South-east Asia enterprise startups

GERMAN software giant SAP aims to groom South-east Asian startups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday. 

Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage startups focused on business-to-business (B2B) technology. 

The startups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.

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SAP launches Singapore accelerator for SE Asian enterprise tech start-ups

German software giant SAP aims to groom South-east Asian start-ups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday (Aug 13). Called the SAP.iO Foundry Singapore, the accelerator is kicking off with seven early-stage start-ups focused on business-to-business (B2B) technology. The start-ups will gain access to mentorship, SAP’s technology and application programmable interfaces (APIs), and potential collaborations with SAP customers.

Participants focused on workplace tools include Pulsifi, which uses artificial intelligence to improve hiring and employee development decisions; Notarum, which automates corporate due diligence; and Adaface, which automates first-round interviews to identify engineering talent. Other start-ups taking part in the accelerator include Flowcast, which uses machine-learning to automate credit decision-making, and Size n Fit, an e-commerce add-on that helps online shoppers find clothes that fit.

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SAP’s First Accelerator In S’pore Aims To Groom B2B Tech Startups In SEA

German software firm SAP announced the launch of its first startup accelerator in Singapore.

Called SAP.iO Foundry Singapore, the firm is looking to groom Southeast Asian startups that have a focus on enterprise tech.

Startups under their accelerator won’t just gain access to SAP’s APIs and tech, but will also benefit from mentorships and potential collaborations with SAP customers.

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SAP Kicks Off First SAP.iO Foundry in Asia

SAP announced the launch of the first SAP.iO Foundry in Asia: SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.

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Software giant SAP launches the first SAP.iO Tokyo cohort to accelerate B2B Japanese tech startups

Back in January, we wrote about SAP when the German software giant and maker of enterprise software announced the launch of its SAP.iO No Boundaries initiative to fund and incubate startups led by women and minorities. Now SAP.io is expanding into Asia. SAP announced the launch of its first SAP.iO Foundry in Asia called SAP.iO Foundry Tokyo. Over the next 12 weeks, SAP.iO Foundry Tokyo will accelerate five business-to-business (B2B) Japanese technology startups, providing them access to curated mentorship, exposure to SAP® technology and application programmable interfaces (APIs), and opportunities to collaborate with SAP customers. Unique to SAP.iO Foundry Tokyo, the cohort also will have access to the newly opened SAP Leonardo Experience Center and Inspired.Lab.

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Sap.iO Foundry Paris intègre 8 nouvelles start-up retail. Voici ce qu’elles font !

Pour la deuxième promotion de son accélérateur parisien, un comité d’experts composé de collaborateurs SAP et de clients retailers a sélectionné 8 start-up de la retail tech. Toutes centrées autour de l’expérience client, ces jeunes pousses seront immergées au sein de SAP.iO Foundry Paris pour 10 semaines. Les nouvelles recrues ont été dévoilées ce 3 avril 2019 lors de l’événement CX Revolution 2019. Voici leurs portraits.

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Inc. Magazine: Venture Fund from SAP Aims to Combat “Sexism, Racism, and Bro-ism”

On Sunday, January 20, software giant SAP became the latest company–and, it says, the only business software company–to target a share of its venture investments directly to women and underrepresented minorities.

Its fund, called SAP.iO, was launched in 2017 and invests in business-to-business startups that are a fit with SAP’s own technology platforms. With $35 million to invest, it’s already put about $4 million to work in 15 companies, 60 percent of which are in the U.S. Now, under an initiative called SAP.iO No Boundaries, the fund will invest 40 percent of its money in women and underrepresented minorities, says SAP chief strategy officer Deepak Krishnamurthy. He says the company will start ramping up its Asia-Pacific focus within the next year.

SAP: Women Often Have the Better Ideas

SAP will commit to using up to 40 percent of the capital of its SAP.iO-Fund to promote start-ups founded by women or minority individuals. “SAP is committed to improving the competitive environment for founders and minority founders in the start-up ecosystem,” said SAP Chief Strategy Officer Deepak Krishnamurthy. “And we do not do that to calm a bad conscience, but because often, women have the better ideas and make better returns in our fund.” (Original in German)

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Funding Female Founders Without Fanfare: SAP’s New Fund In San Francisco

As a female entrepreneur, I’m always on the lookout for companies that are helping women break through the proverbial glass ceiling. And, there is no shortage of public announcements, blog posts and tweets by many players in the startup scene proclaiming their commitment to bringing more female founders into the ecosystem. It’s been proven time and again that it makes business sense to invest in companies with female founders and leadership. But, in Silicon Valley, startups with female CEOs still win only about 3% of investment dollars….

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