Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding

And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup.

From PropertyGuru:

A good class bungalow (GCB) in District 21 will once again be put up for public auction by its owner on 16 October at Amara Hotel, Level 3, with the guide price unchanged at $23m, reported Knight Frank.

This translates to a land rate of about $1,216 per sq ft (psf) based on a site area of 18,911 sq ft.

Located within Kilburn Estate, the Balinese-style home at 18A Yarwood Avenue has a floor area of 9,095 sq ft and a 999-year leasehold tenure that commenced on 7 May 1879.

The two-storey bungalow comes with five en suite bedrooms, a basement, sheltered terraces, a car porch, a landscaped garden, a koi pond and a swimming pool.

Read more here.

From e27:

Personalised skincare startup Yours received a $4.83m (US$3.5m) seed funding in August. Investors include Surge, Global Founders Capital, Kindred Ventures, and an undisclosed celebrity fund.

Yours plans to use the funding to focus on improving computer vision and Machine Learning to achieve personalisation at scale.

The company was started in 2018 by Navneet Kaur and Shivam Sharma, both former employees of Uber. It provides a personalised kit comprising a day cream, night cream and eye serum, and face serum which covers all the essentials of a skincare routine.

Read more here.

From e27:

Golden Gate Ventures led Indonesian on-demand workforce startup Sampingan’s pre-Series A round of financing that secured $2.07m (US$1.5m).

“Sampingan offers an intriguing value proposition: the ability to launch large-scale, labour-intensive campaigns economically, quickly, and effectively across Indonesia–thanks to the emergence of digital-savvy Indonesians,” said Golden Gate Ventures’s partner Justin Hall.

The Jakarta-headquartered startup plans to use the money to expand operations by providing businesses with more extensive options to scale. Launched in January 2019, Sampingan connects businesses with freelancers for easily-doable task-based jobs.

Antler, a startup generator and early-stage VC, and several notable angels, also participated.

Read more here.

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