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A close look at Singapore’s thriving startup ecosystem

TechCrunch

Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. A glimpse into Singapore’s current startup ecosystem. So, how did Singapore’s startup ecosystem come to be?

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The Rise of the Rest Class of 2019

Revolution

At the end of each tour day, we hosted a pitch competition where a local startup received a $100,000 investment from Revolution’s Rise of the Rest Seed Fund. For the pitch competitions in Orlando, Tampa Bay, Miami, and Puerto Rico, innovative startups based within a 100-mile radius of a tour stop were invited to apply.

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Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Over the last five years, Brazil has witnessed a startup boom. The main startups hubs in the country have traditionally been São Paulo and Belo Horizonte, but now a new wave of cities are building their own thriving local startup ecosystems, including Recife with Porto Digital hub and Florianópolis with Acate.

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Startup Island TAIWAN Unites Taiwanese and Vietnamese Tech Startups in Ho Chi Minh City

AsiaTechDaily

This event, known as Taiwan Tech Solution Day, took place in Ho Chi Minh City on August 23, where 14 Taiwanese startups had the opportunity to demonstrate their innovative capabilities.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Register Indonesian digital bank Superbank , supported by Grab, Singtel, and Emtek Group, is collaborating with Singapore’s Genesis Alternative Ventures to offer a financing package of $40 million for startups in Indonesia. This initiative is designed to support startups within the country’s startup landscape.

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Singapore’s Vertex Ventures Southeast Asia and India Raise $541M, Prioritizes Women-Led Startups

AsiaTechDaily

The figure represents an 80% increase compared to the amount raised for its previous fund, VVSEAI Fund IV, in 2019. VVSEAI Fund V’s substantial corpus includes a dedicated co-investment envelope of $50 million, which will be utilized to invest alongside the primary fund in startups led by women founders.

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COMEUP 2023 Triumphs as Premier Global Startup Event in South Korea

AsiaTechDaily

Global Community Zone & Insights on Startup Growth The newly introduced zone featured booths and presentations from 18 participating teams, offering insights into Korea’s startup ecosystem’s global openness through a policy proposal presentation.