01 November 2021, by SEED Ventures
MOX by INVADE, a co-making space for creatives, has recently joined hands with SEED Ventures (SV), a Monetary Authority of Singapore (“MAS”) licensed venture capital ("VC") fund management company headquartered in Singapore.
The name MOX is inspired by the word ‘moxie’ which means to be brave, bold and daring. This is something MOX’s community exemplifies, the courage to be different.
As Singapore’s first independent workspace targeted at creatives, MOX stands out from other co-working spaces by connecting members with resources and collaborative opportunities for its community.
SEEDtank is Singapore's spin of the popular US venture capitalist TV show - Sharktank.
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Like Sharktank, SEEDtank is a platform where companies seek seed investments from venture capitalists to start, grow or save their companies.
Unlike Sharktank, SEEDtank relies more on "Human factor". The quality of the founding team, especially that of the CEO, is of paramount concern. The CEO should possess the following traits:
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candid, likeable & can connect with us
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possesses solid experience in the space
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possesses a do-or-die attitude
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Held twice a month, startups pitch their concepts to judges in hopes of securing an investment. Startups that are able to articulate the investment opportunity gets funded in cash and/or services.
Details:
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Held every 2nd and 4th Friday of the month. Application to pitch is by appointment via this link ONLY.
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Purpose is to check for readiness:
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if investee can match with Seed Ventures
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if investee is mentally & emotionally ready to go on the funding journey.
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if investee has the resources (time, manpower, seriousness etc).
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Not a technical exercise to plough through documents and spreadsheets.
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SV will point out shortfalls and provide advice
S1e11: 2 Succeeded 1 failed 22 JUN 18
APT F&B HoldingsAPT is a gourmet concept seeking to improve kitchen operations for restaurants burdened with rising overheads. A sincere and coachable demeanour from the CEO won the approval of the panelists. | CS International ConsultantsCSIC is a VR-photography service targeting businesses and consumers seeking to enhance their photography experience, "Matrix" style. Unfortunately, an overly-rich company valuation disallowed an offer to be extended. |
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Watch full episode here.
S1e10: 0 Succeeded 2 failed 8 JUN 18
Better MealsBM is a B-to-C food-catering business that targets consumers seeking for the healthier option of home-cooked food. Unfortunately, the valuation was too rich and blocked the judges from making an offer. |
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Watch full episode here.
S1e9: 1 Succeeded 2 failed 25 May 18
Watch full episode here.
S1e8: 1 Succeeded 1 failed 11 May 18
Watch full episode here.
S1e7: 2 Succeeded 0 failed 13 APR 18
Watch full episode here.
S1e6: 1 Succeeded 3 failed 23 mar 18
DateFyxDF's mission is to encourage more couples to go on date nights in order to improve relationships. However, the judges were concerned about repeat sales and accordingly, valuation. | HighBloodHB is a dating app that allows one to filter candidates based on income, profession and more. However, an offer could not be put out to HB due to its lack of distribution and rich valuation. |
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TraderWaveA candid and succinct pitch by the CEO wowed the judges, venture partners and guests. Strong team, and a reasonable valuation. Nonetheless, a deal could not be reach due to user-acquisition concerns. | Reclinable WheelchairThe only student-team from NYP wowed the judges with her innovative way to safely and quickly transport patients while reducing stress-injuries to nurses. Well done team Maestro! |
Watch full episode here.
s1e5: 1 Succeeded 2 failed 9 mar 18
SuperliloA charismatic and succinct pitch by the CEO wowed the judges. A deal was made to invest into SL to expand into the region. | GoKidsNo deal here. GK's catch-all marketplace for everything parents need for their kids seemed too ambitious for the judges, who felt that GK might be cutting their resources too thin. |
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BountieB's ICO plan to game the industry is the first of its kind on the Tank. However, its novelty also proved to be a double-edged sword as ICO is still a new means to fund-raising. |
Watch full episode here.
s1e4: 0 Succeeded 3 failed 23 FEB 18
Sim4CrewS4C's universal SIM card service is a cost-effective solution for crew onboard. However, an unfathomable valuation rid the pitch of any hopes of securing an investment. | Gift-It-ForwardGIF held the highest chances of succeeding though the judges had concerns with the valuation. Nonetheless, an offer was issued but declined by the company. |
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FanemationA fun and innovative solution for event organisers to rally their crowds. But the judges were concerned about the lack of preparations done. |
Watch full episode here.
s1e3: 3 Succeeded 1 failed 8 FEB 18
Seasons FloralWhile they are experience in the Floral space, the presenters could not back their ask up with any proof-of-concept. | Never Run OutNRO was succinct in describing the Investment Opportunity. While the concept is pre-MVP/revenue, the judges felt it is worth a shot. |
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IQ ToysThe CEO was shaky at first and struggled to present the business. Nonetheless, an impressive international distribution won her the judges' votes. Congrates! | Find JobsFJ's presentation was the best one of the night. The CEO backed up his claims. They had distribution & revenue. Easy decision for the judges. |
Watch full episode here.
s1e2: 1 Succeeded 2 failed 26 Jan 18
WeCare GlobalWG did not receive an investment due to a scattered pitch. The presenter had to read from a cue-card. Further, there were concerns about liabilities and defensibility. | Mighty AimThe judges were concerned about the applicability of the solution in the real world. The fact that the CEO might spend time away from the business did not help. | Flying ChalksThe presenter impressed the judges with his succinct pitch. The investment opportunity was well articulated. Congratulations FC! |
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s1e1: 3 Succeeded 2 failed 12 Jan 18
Atribute ServicesAS' events-platform business that had proof-of-concept and a sensible revenue model won the judges over. | Crowd.FunCF received an investment to jump-start its Kickstarter X CES concept that merges offline and online marketing and retail. | U ExcellenceUE impressed the judges with his all-in attitude and sound business plan. The next Grab? |
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MK AUTOMOBILIMKA did not receive an investment because of a lack of proof-of-concept. The judges were also concerned about legacy issues plaguing the company. | Circle 8The judges were not able to move past the overly optimistic valuation applied by the company founders. |