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Dispatches from the Road: Q4 2023

Revolution

What we did: The Rise of the Rest team kicked off October with a trip to Chi-Town to catch up with portfolio companies Blueprint , Unreal Estate , and Rheaply and co-investor, Chicago Ventures. Their jam-packed agenda culminated with a gathering of local entrepreneurs and ecosystem builders for happy hour at Siena Tavern.

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Techstars Launches Accelerator Program in Japan with Mitsui Fudosan and JETRO

AsiaTechDaily

Mitsui Fudosan, through its venture arm 31VENTURES, is actively engaged in promoting startup innovation globally. Applications for the upcoming program will be accepted until March 6, 2024. Entrepreneurs interested in joining the program can find more information on the Techstars Workforce Development Accelerator website.

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Startup Fundraising Playbook for 2024

Entrepreneur's Handbook

Being active in the startup ecosystem is very important and gives you a chance to connect with like-minded people and brainstorm ideas together. Everyone prefers to work with people whom they know, and that’s why you should make connections and build relationships before you start to raise.

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Japanese Regulator Plans to Double Crowdfunding Investment Cap for Retail Investors

AsiaTechDaily

At present, through crowdfunding, retail investors have a limitation of investing a maximum of 500,000 yen annually in individual unlisted startups. This adjustment is expected to come into effect by 2024. This shift has provided considerable momentum for boosting investments in startups.

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

You see, insurtech startups often need to take into account the myriad rules and regulations in place when they seek to innovate and embed insurance into products, which might make it difficult to pull it off. And according to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.”

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Karakalpakstan Empowers Startups and Entrepreneurs with $200 Million Soft Loan Initiative and Youth Center

AsiaTechDaily

Karakalpakstan has charted a comprehensive plan for the years 2023-2024. In the financial sector, starting from 2024, a substantial allocation of at least 2 trillion soums will be directed towards commercial banks to create credit funds.

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K-Startup Grand Challenge 2022 is accepting applications from global startups till May 31

AsiaTechDaily

The spending per buyer in e-commerce is forecasted to go from $2,600 in 2019 to $4,300 in 2024. Furthermore, the government plans to find 200 promising startups through 2022 and 1,000 promising startups, and 700 pre-unicorn startups by 2025. It has a reputation for actively investing in early-stage startups in Korea.

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