Padang & Co
Asian innovation catalyst for corporates and government
“Padang” in Malay means “open field”. It is also the name of an important historical landmark in the heart of the civic quarter of Singapore, where Padang & Co is headquartered.
Indonesia-based innovation catalyst Padang & Co works with businesses and governments, helping them to connect, create and innovate. In February this year it partnered with Unilever to launch Level3, a co-working space within Unilever’s Singapore headquarters, bringing the company together with startups and entrepreneurs to encourage innovation and create new partnerships.
Padang & Co was born out of social enterprise and technology company Newton Circus, founded by entrepreneur Daryl Arnold together with consultant, investor and entrepreneur Adam Lyle and Derrick Chiang, formerly a director at Newton Circus.
The self-funded company was incorporated at the start of 2014 to consolidate its open innovation activities, including the management of UP Singapore, an ‘urban prototyping’ community that encourages people to come together to solve issues affecting cities. Its initiatives include startup matching, hackathons and cloud-enabled challenges, designed to stimulate meaningful and effective outcomes for business and society.
Padang & Co has been growing over 50% year on year since inception.
LEVEL3 is an initiative of the Unilever Foundry and Padang & Co. Connected to Unilever’s regional headquarters, it is a new workspace that supports Singapore’s emerging startup ecosystem and entrepreneur community to create and connect to real business opportunities. It’s the first of its kind in corporate innovation.
LEVEL3 will be a vibrant and inspiring coworking and event space. This is where some of the most interesting startups with leading-edge technologies and business models come to work with the world’s biggest and most innovative companies.
LEVEL3 will open in January 2017. We are on the lookout for startups and enterpreneurs in Singapore and the region to join LEVEL3 as members. Get in touch if you are pioneering the future in marketing and AdTech, enterprise tech (analytics, IoT, etc.), product and ingredient tech and consumer insights. LEVEL3 is also perfect for those inventing new business models or making an impact through social entrepreneurship.
At the launch of LEVEL3 … Speakers (in order): Paul Polman, CEO, Unilever, Derrick Chiang, CEO of Padang & Co and Dr Beh Swan Gin, Chairman of EDB.