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Cambodia Startup Shoprunback raised $900k funds from Obor Capital

SHOPRUNBACK, a French-Cambodian logtech (logistics tech) startup, announced today that it has closed its pre-series A financing with a total fund raise of USD 900,000. OBOR Capital, a leading venture capital fund in Cambodia, led the investment round, and was also joined by other investors including Negocia Ventures, a Singapore-based VC firm founded by serial entrepreneur, Thierry Tea.

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STYLE, the winner of SmartStart Cycle 3, is headed to Singapore

STYLE, a platform assisting its users with renting clothes for special occasions, won a tech trip to Singapore at a SmartStart Young Innovator Program Cycle 3 Grand Final Pitch, after showcasing the team’s efforts of the past six months and presenting an elaborate business plan.
The winning team was awarded a fully-funded tech trip … More

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The National Bank of Cambodia will be launching a new digital currency called Bakong this year

Bakong is being developed as a blockchain-based, peer-to-peer platform that will have its own specially designed cryptocurrency. Unlike most blockchain-driven cryptocurrencies, Bakong is a closed system that is backed by banking authorities.
A software wallet is linked to the user’s bank account, which allows them to interact easily with hard currency. The system will support … More

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NOMINATE INSPIRING WOMEN FOR TECHNOLOGY AWARDS OF 2020

Do you know women who are contributing to the development of Cambodia’s digital economy? Or women that show strong commitment to finding technology solutions to development issues that will benefit Cambodia?
Nominate them for the Outstanding Women in Technology Awards 2020!
The Ministry of Posts and Telecommunications (MPTC) announced that it has opened a call … More

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