Straits Interactive and Asia Pro Ventures ignite AI startups

By Francis Allan L. Angelo

Straits Interactive, a leader in sustainable data governance solutions, has entered into a groundbreaking partnership with Asia Pro Ventures, a venture catalyst specializing in the Asian startup landscape. They announced a collaborative effort to leverage the Capabara Generative AI platform, enhancing support for startups and investor engagement.

This pioneering initiative, marked by the signing of a memorandum of understanding (MOU), utilizes the Capabara platform to provide startups with advanced AI Tutors, Coaches, and Mentors. These resources are specifically designed to meet the unique needs and growth stages of each startup.

Kevin Shepherdson, CEO and Founder of Straits Interactive, expressed enthusiasm for the partnership: “We are thrilled to partner with Asia Pro Ventures, harnessing the power of generative AI to support startups and revolutionize investor-startup interactions. This collaboration underscores our commitment to promoting the safe, secure and sustainable use of generative AI to further business objectives.”

The synergy between the two firms also facilitates the creation of an AI Investor platform. This innovative platform assists angel investors by streamlining the due diligence process, drafting term sheets, finalizing agreements, and offering mentorship to startups.

The integration of various Large Language Models is expected to vastly improve decision-making and efficiency.

Andrew Chow, Founder of Asia Pro Ventures, highlighted the significance of this technological advancement.

“The Capabara AI Assistant, equipped with advanced Large Language Models, is a pivotal tool, providing personalized AI tools that will revolutionize the way startups operate and interact with investors. We’re not just building technology; we’re shaping the future of the startup ecosystem.”

In its tenth year, Straits Interactive was recognized as one of the top ten “Outstanding and Promising Startups” at the ACE Startup Awards, affirming its role as an influential player in Singapore’s startup scene.

Both Straits Interactive and Asia Pro Ventures pledge to continue exploring innovative uses of Generative AI through Capabara to bolster the startup ecosystem further. Interested parties can learn more at www.capabara.com.