Top news of the week: 14.03.2023.
SVB fallout unlikely to affect fundraising for Southeast Asia startups, venture capitalists say
Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won't be impacted by the collapse of SVB.
Asia's tech news, weekly: March 14th 2023
SEA's largest telco merger, Taiwan's internet exposure, social media in India, HK's crypto scams headache, South Korean space-tech, wind power in Laos...
Startup Funding: February 2023
132 companies raise $4.5 billion, with big investments in quantum, batteries and materials.
Inaugural DisruptInvest Summit attracts leading names from Malaysia’s startup ecosystem
Successful & innovative founders, investors, corporate leaders gather Opportunity for attendees to learn, be inspired, make valuable connections NEXEA and Digital News Asia (DNA) will host ...
American VCs willing to support Silicon Valley Bank in the event of capitalisation
Representatives from multiple US based venture capital funds including those with sizable India investments met on Friday to discuss the next steps.
SVB’s debacle is causing panic in China’s startup industry
When China was still new to VC in the late 1990s, SVB was among the first financial institutions to start serving the country's startups, while traditional, risk-averse banks avoided them.
Silicon Valley Bank’s collapse sends shivers through China startups
Chinese tech firms have long relied on SVB for venture capital funds after traditional US banks turned them away.
Singapore AI startup Groundup.ai secures $1.8M in Seed round led by Wavemaker Partners
Groundup.ai, a Singapore-based industrial artificial intelligence (AI) startup, said Thursday it has raised US$1.8 million in its seed funding round led by early-stage investor Wavemaker ...