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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.

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Philippine VC Firm Kaya Founders Raises $12M to Support Southeast Asian Startups

AsiaTechDaily

Their collective expertise spans sectors such as e-commerce, media, and logistics. Since its inception, Kaya Founders has supported over 30 startups operating in diverse fields, including digital health, fintech, B2B SaaS, agritech, and proptech.

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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

In 2020, VR did not get the shelter-in-place usage bump many had hoped for largely due to supply chain issues at Facebook, but VCs hope their new cheaper device will spell good things for the startup ecosystem. Brayton Williams, Boost VC. “We believe VR is still the largest long-term opportunity of the two.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Our findings confirmed a significant shift away from the traditional tech hubs of the Bay Area, New York City, and Boston, with the proportion of seed- and early-stage VC dollars funneling into the Bay Area falling below 30% for the first time in more than a decade. Infrastructure touches everything. Cultivate a super team, not a superstar.

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Opportunity Amid Volatility

Haystack

With high levels of public market volatility — the first we’ve seen in the age of social media and true real-time information — it feels like everyone and their grandmom is expecting a downturn. Much of this can trickle down into the startup ecosystem. It’s an unusual time in the markets.

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The Philippines Government Collaborates with Marikina City to Foster Innovation and Startups

AsiaTechDaily

The Marikina Creative and Innovation Hub, guided by the principles of RA 11904, aims to be an inclusive and comprehensive center that not only creates opportunities for collaboration, entrepreneurship, and innovation but also serves as a bridge between ambitious ideas and successful enterprises.

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

AsiaTechDaily

Jeremy Loh, Co-founder and Managing Partner of Genesis Alternative Ventures highlighted a concerning trend of dwindling venture capital (VC) funding for Asian startups. He stated that VC funding experienced a substantial decline of 60% in Q3 2022 compared to the previous year’s corresponding period.