SINGAPORE, Oct. 2, 2024 /PRNewswire/ — Great Place To Work®, the global authority on workplace culture revealed the 35 companies placed on the Singapore’s Best Workplaces in Technology™ 2024 List.  Now in its fourth year, companies are ranked in four categories of micro, small, medium and large.

The companies were shortlisted using rigorous analytics and confidential employee feedback from over 16,000 employee voices. Companies were only considered if they are a Great Place To Work CertifiedTM organization.

Managing Director of Great Place To Work ASEAN and ANZ, Ms Evelyn Kwek said: “It is truly inspiring to celebrate the 2024 Best Workplaces in Technology in Singapore, especially in a time when the world is navigating such dynamic and challenging landscapes. These remarkable workplaces have not only continued to thrive but have done so by placing their people at the heart of their success.”

“Congratulations to all the companies on this List —you set the standard for what’s possible when organizations lead with purpose, empathy, and a dedication to creating environments where people feel valued and empowered, she added”

The Best Workplaces in Technology is determined using Great Place To Work’s For All™ methodology to evaluate.

The Great Place To Work’s Trust Index Survey enables employees to share confidential quantitative and qualitative feedback about their organization’s culture by responding to 60 survey questions. Collectively, these statements describe a great employee experience, defined by high levels of trust, respect, credibility, fairness, pride, and camaraderie.  

85% of the evaluation is based on what employees report about their experiences of trust and reaching their full human potential as part of their organization, no matter who they are or what they do. Great Place To Work analyses these experiences relative to each organization’s size, workforce make up, and what is typical in the Technology sector. The remainder of the evaluation is an assessment of all employees’ daily experiences of the company’s values, people’s ability to contribute new ideas, and the effectiveness of their leaders to ensure they are consistently experienced.

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About Great Place To Work

As the global authority on workplace culture, Great Place To Work brings 30 years of ground-breaking research and data to help every place become a great place to work for all. Their proprietary platform and For All Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified or receiving recognition on a coveted Best Workplaces List. Follow Great Place To Work on LinkedIn, Facebook, and Instagram or visit greatplacetowork.com.sg to learn more.

About Great Place To Work Certification

Great Place To Work Certification is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place To Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognising outstanding employee experience. Every year, more than 10,000 companies across 97 countries apply to get Great Place To Work Certified.

Contact: Lleufer Sinsua, Marketing Business Partner, Great Place To Work® Singapore
Email: lleufer.sinsua@greatplacetowork.com

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SOURCE Great Place To Work ASEAN & ANZ

Third Add-on Enhances Product Portfolio and Market Reach in the DACH Region

CLEVELAND, Oct. 2, 2024 /PRNewswire/ — The Riverside Company (Riverside), a global investment firm focused on the smaller end of the middle market, announced an affiliated European fund has signed a definitive agreement to invest in pure11 GmbH (pure11), a German distributor of consumables for cleanrooms and other controlled environments, from its founders. The investment is the third add-on in 16 months to Riverside’s portfolio company Dastex Group GmbH (Dastex), a specialized cleanroom garment and consumables distributor in Europe. Closing of the deal is subject to customary approvals by the competent regulatory authorities.

Founded in 2007, pure11, through third-party brand distribution as well as its proprietary brand CELOS®, offers a broad product portfolio including gloves, wipes, disposable garments, and swabs. The company, headquartered in Grünwald, Germany, primarily serves customers from the pharmaceutical and semiconductor industries, but also optical glass, automotive, and pharmacies.

Damien Gaudin, Partner at Riverside Europe who led the deal, commented: “With pure11, Dastex continues its expansion strategy in Europe, acquiring a sizeable independent cleanroom consumables player in the DACH region. The company has established a robust market presence through its experienced commercial sales force and strategic distribution partners. This success is further bolstered by maintaining strong relationships with suppliers and leveraging its strong technical expertise. Besides strengthening Dastex’s market positioning in the DACH region, the addition of pure11 will further improve the product offering of the Group, diversify end-market exposure, and enable Dastex to integrate a strong management team in place at pure11.” 

The owner and Managing Director of pure11, Julian Kropp, added: “I am incredibly proud of the pure11 team’s success over the past years. The strategic combination with Dastex is the right move for pure11, which will enable us to reach ambitious growth targets even faster by leveraging the combined strengths of two top notch companies. The entire management team and I are excited to start the next chapter, as there couldn’t be a better partner sharing our values of strong commitment, excellence in services, and product innovation. We are convinced that our customers, suppliers, and employees will benefit significantly from this new partnership.”

Linda Vereycken, CEO of Dastex, stated: “Alongside the rest of our management team, I am delighted to announce the strategic acquisition of pure11, which promises mutual benefits and growth for the Group. Pure11 has rapidly built its market position in Germany and neighboring countries. Acquiring pure11 consolidates the strengths of two complementary firms, enhancing our cleanroom expertise and services. This move is a significant stride toward establishing our position as one of the leading cleanroom specialists in the EU, with the goal of becoming the most trusted partner for our clients. This acquisition highlights Dastex’s ability to identify opportunities that align with our values, vision, and European expansion strategy.”

Riverside acquired Dastex and its first add-on Vita Verita mid-2023. Continuing its buy-and-build strategy, the company added AET, a leading independent player in Norway, in April 2024. The acquisition of pure11 marks another step towards building a leading European platform in cleanroom contamination control, well-positioned to grow organically and via acquisitions. Dastex serves the resilient and growing cleanroom industry, helping customers in pharmaceuticals, life sciences, semiconductor and other high-tech industries to meet ever stricter quality and regulatory standards.

Working with Gaudin on the deal for Riverside were Vice Presidents Maxime Meulemeester and Nicola Tomaschko, Senior Associate Sebastiaan Pauwels and Senior Legal Counsel Peter Parmentier.

About The Riverside Company

The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies.

Riverside Europe is an integral part of the Riverside’s broad global network and has been active in Europe since 1989. Riverside believes a truly global presence provides insight into local conditions, culture and business practices, making team members better business partners. For more information, visit: www.riversidecompany.com.

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TAIPEI, Oct. 2, 2024 /PRNewswire/ — Aiello, a leading startup specializing in Natural Language Processing (NLP), announced today the successful completion of a US$5 million funding round. The round was led by prominent Japanese venture capital firms Cool Japan Fund and CDIB Cross Border Innovation Fund II LP, along with E.Sun Venture Capital Co., Ltd., and B Current Mstar Impact Investment. Additional support came from existing institutional backers, JAFCO Asia and Wistron Corporation, further reinforcing confidence in Aiello’s strategic direction.

As part of this round, Aiello welcomed Kenichi Sawaya from CDIB Cross Border Innovation Fund II LP, a Co-GP fund between CDIB and Cool Japan Fund, to join the board of directors. Sawaya brings a wealth of global experience and strategic insight, which will be instrumental in accelerating Aiello’s expansion into Japan. “We are excited to participate in Aiello’s latest funding round. Their AI expertise and innovative, all-in-one hospitality management system will address operational inefficiencies and fragmentation in the hospitality sector, driving sustainable growth amid ongoing labor shortages. We look forward to advancing the digital transformation and elevating hotel services in Japan through this partnership,” Sawaya said.  

Aiello CEO and co-founder Vic Shen commented, “This funding round is primarily about bringing on board shareholders who offer invaluable experience for our growth. The capital raised will support our international expansion, particularly in Japan and Southeast Asia. Beyond expanding our reach, we aim to collaborate with local software and service providers to adapt and enhance the Aiello Hospitality Platform, creating a fully localized, all-in-one SaaS solution that can replace outdated systems.”

In 2023, Aiello launched Aiello-One, an all-in-one SaaS management platform designed specifically for the hospitality industry. The platform offers three core modules: Interface, Operations, and Insight. These modules simplify the adoption of digital solutions, while the platform’s flexible plugin system enables continuous upgrades. This approach allows hotels to reduce maintenance costs and easily tailor the system to meet their unique operational needs.

Aiello’s international partnerships have surged, with 65% of its new contracts in 2023 coming from global hotel chains such as Seibu Prince Hotels & Resorts, Millennium Hotels and Resorts, and Taiwan’s Cosmos Hotels & Resorts and Caesar Park Hotels & Resorts. Over the past three years, Aiello has been implemented in more than 180 hotels, covering over 20,000 rooms. The platform has processed over 4.71 million guest requests and cross-departmental tasks, while its voice and touch functionalities have facilitated over 55.1 million guest interactions. To date, Aiello has supported more than 2.8 million room nights, providing personalized service and real-time responses to meet the diverse needs of modern travelers.

Looking ahead to 2025-2027, Aiello is well-positioned to address critical industry challenges, including labor shortages, the growing number of new hotels, and the rising demand for brand renovations. The shift from traditional on-premise servers to AI-powered in-room devices is expected to elevate the industry to new heights of technological innovation.

Starting in Q3 2024, Aiello has partnered with service and content providers to offer diversified travel itineraries and shopping services directly in guest rooms, aiming to further enhance guest experiences and drive hotel revenue growth.

About Aiello

Aiello is a leading provider of Voice AI in the hospitality industry. Its flagship product, Aiello Voice Assistant, is a multi-award-winning talk & touch voice AI technology solution aimed at streamlining hotel operations, enhancing the guest experience, and generating insights about customer behavior. The state-of-the-art Aiello Voice Assistant is designed to elevate the guest experience with its unique AI-powered features and capabilities. Since 2019, Aiello Voice Assistant has been deployed in over 180 hotels, encompassing 20,000 rooms, and has answered over 14 million inquiries from 2.5 million end users in Chinese, Japanese, Thai, and English.

Learn more at Aiello’s official website: https://aiello.ai/

For further information, please contact:

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SOURCE Aiello