article thumbnail

Packback Announces Strategic Investment from PSG Equity

HPA

We are thrilled to share that Packback , an AI-driven writing and discussion platform within the HPA Portfolio, has received a strategic majority investment by PSG Equity , a prominent growth equity firm. Packback has been a foundational startup in building Chicago’s startup ecosystem. Full press release here.

article thumbnail

The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. At some point, a real seed round needs to get raised—and it needs to get led by someone. Raising for a seed fund is exceptionally difficult.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Startup Ecosystems Across the Globe

500

This year we dove headfirst into the rise of corporate venture capital, the changing nature of venture capital education, and the important task of startup ecosystem building. The post The Future of Startup Ecosystems Across the Globe appeared first on 500 Startups.

article thumbnail

Japan Unveils Residency Program for Angel Investors to Stimulate Startup Investment”

AsiaTechDaily

Japan will introduce a residency program for angel investors to encourage investment in the country’s startups. The program aims to attract much-needed investment capital and will offer residency lasting up to five years. This initiative comes as Japan seeks to boost its startup ecosystem in key sectors.

article thumbnail

Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

Early Stage Venture Fund (ESVF) The Early Stage Venture Fund (ESVF), an instrumental initiative in Singapore’s startup ecosystem, is designed to provide crucial financial support to early-stage high-tech startups. This collaborative effort injects crucial financial resources to help the expansion of startups.

article thumbnail

Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

Among these priorities is enhancing the startup ecosystem, marked by a desire for increased funding to nurture emerging entrepreneurs. Simultaneously, the government is keen on driving technological advancement by investing in emerging technologies.

article thumbnail

Mark & Company and Yoonmin Foundation Introduce KRW 5 Billion Launch Fund, Invest in 19 Growing Companies

AsiaTechDaily

Register Mark & Company, led by CEO Kyungpyo Hong, has announced the establishment and management of a new venture investment fund in partnership with Yoonmin Creative Investment Foundation, chaired by Minseop Sung. 1, launched in July 2021.