February Newsletter from Orbit Startups

Friends of Orbit,?

February is the shortest month of the year, but great things come in small packages!?We met old and new faces at Orbit Connect Dubai and showcased our latest startups at Orbit 6 Demo Day. Meanwhile, Orbit Managing General Partner William Bao Bean brought his expertise to Step Conference 2024, and Orbit portfolio company PriyoShop secured?$5m?to digitize Bangladesh's MSMEs. Rewatch ?Orbit 6 Demo Day and the investment outlook panel discussion for 2024 here .

Until next time!

Orbit Startups

ORBIT IN THE NEWS

Bangladeshi B2B marketplace PriyoShop raises $5 million in pre-Series A funding.?

PriyoShop digitizes MSMEs, tapping into Bangladesh's $200 billion retail market where 97% of sales are from informal retailers. The company offers an asset-light model for sourcing goods and next-day delivery, with partnerships for credit and supply chain financing. Read more at?DealStreetAsia

ACROSS THE ORBIT ECOSYSTEM

Another stellar Orbit Connect Dubai has come to a close. We were thrilled to be a part of?Step Conference 2024 and to see old and new faces come together. Hats off to our portfolio companies, mentors, and community in Dubai. We can't wait to see everyone again!

Orbit 6 Demo Day in Dubai showcased a lineup of disruptive startups from diverse sectors from B2B Web3 payments to virtual healthcare platforms.?

Featured Startups:

Scalex (Nigeria) - B2B Web3 payment infrastructure enabling businesses in Africa to transact in both crypto and fiat

Karzo (Singapore) - Full-service, large-scale freight solution for MNCs across the Mekong region

MedIQ Smart Healthcare (Pakistan) - Going beyond physical hospitals - connecting patients, providers and payers through integrated virtual care platforms in MENAP

Metamorph Digital (Singapore) - The Twitch of Shopping

Revent (UAE) - The circular marketplace for phones and computers in MENA

League of Play (USA) - Next generation Sports League featuring top 0.5% creators in the world. The League engages the creators' millions of fans, powering commerce, contests, and fantasy sports

Missed the event? Catch up on our latest pitches via YouTube playlist here!

Orbit 6 Demo Day also featured Sonia Weymuller , Co-Founder & General Partner at VentureSouq ; and Sumeet Surana , Investment Director at Cypher Capital Group who joined Oscar Ramos , Managing General Partner at Orbit Startups; Ching-Ping Lin , COO and Partner at Orbit Startups to discuss how?startups and VCs need to maintain transparency and trust in order to navigate the current downturn in VC funding.?Rewatch the VC panel discussion on Youtube here.

Over at Step Conference 2024, Orbit Managing General Partner William Bao Bean shared insights about?cross-regional investments?with Dr. Jonathan Doerr , Jenny Zeng , Khaled Talhouni , and Omar Al-Shabaan at? the"Southeast Asian Startups and Investors' Interest in MENA" panel.