COREangels MEA’s Post

Despite the so-called "#techwinter," heated geopolitical pressures, and changes in leadership in several countries, #investors appetite in the region, particularly Indonesia, remains strong. Roderick Purwana, Managing Partner at East Ventures said that it doesn't mean that there will be no funding from investors. "Investors will still look for good investment targets, as long as #startups can show a clear and disruptive value proposition, they can definitely get funding," he said, who is optimistic about the huge potential for startup and #digitalecosystem innovation in Indonesia and Southeast Asia. Read the full insights on our recent feature with Kontan at https://lnkd.in/gX-f3vHt #EastVentures

Please join MAASAI in shaping the future of Investment in #Africa   If you’re a Startup, SME, Digital Technologist (developer or creative), or Investor, please share your opinion by completing the survey below.    Maasai as part of its validation phase in Founders Factory Africa Gen F cohort is building solutions to address capital and investment challenges encountered by African businesses.   Complete the survey in 5 minutes and join the waitlist for one month of free access to MAASAI’s deal directory and investment readiness package.   Survey link: https://lnkd.in/dhWyrkEd   Thank you!   #maasai #investor #startup #venturecaptial  #investors #captial #fundraising #dealflow #marketplace

With Southeast Asian data officially integrated into our platform, the MAGNiTT team is pleased to release our first ever #SoutheastAsia premium venture investment report! Here are a few key highlights: - In 2023, SEA startups saw a 57% drop in capital raised and a 40% decline in VC deals compared to pre-pandemic levels. - Despite quarterly declines, funding remained stable throughout last year. SEED stage valuations hit a record high at $20M, while Series A reported a 30% retreat from 2022. - The top 10 funding rounds contributed to 31% of total funding, with Singapore and Indonesia dominating VC markets. Keen to learn more about this dynamic ecosystem? Access the full report, as well as several others, when you subscribe: https://lnkd.in/gKHZy_Ga #2023report #venturecapital #startups #SIngapore #Asia

Latest funding triumphs of Singaporean companies in DealPotential's Weekly Deal Radar, emerging from the epicenter of innovation. 🇸🇬 1️⃣ FlyORO, a company that operates as a fuel company. secured US$1.60 million in funding, with support from Investible and Audacy Ventures. 2️⃣ Silicon Box Pte Ltd reached a significant milestone, raising an impressive US$200.00 million for their Series B round, thanks to BRV Capital Management, TDK Ventures, and Lam Research. 3️⃣ MyAlice, a software e-commerce company, successfully raised US$90.00 thousand with the backing of Startup Bangladesh Limited. 4️⃣ Blue Planet Environmental Solutions received a substantial investment of US$35.00 million from IFU. 5️⃣ Biorithm made waves in the funding world, securing US$3.50 million in their Series A round, thanks to SEEDS Capital and Adaptive Capital Partners. 6️⃣ Validus, all-in-one SME financing platform, reached new heights, raising US$20.00 million with the support of 01Fintech. 7️⃣ Doctor Anywhere achieved a major milestone, securing US$40.80 million in their Series C round, with investments from Square Peg and Novo Holdings. 8️⃣ Meatiply celebrated success in their seed round, raising US$3.75 million, thanks to Wavemaker Partners, SEEDS Capital, and AgFunder. 9️⃣ Endless Clouds soared to new heights, securing US$2.50 million in funding, with support from Citizen Capital, Momentum 6, SkyVision Capital, 2 Punks Capital, Animoca Brands, and GameFi Ventures. 🔟 Igloo made a significant leap forward, raising an impressive US$36.00 million with the backing of Eurazeo. 🌟 Stay tuned for next week's update! DealPotential data is sourced from reliable channels and financial institutions and further ensured its accuracy. #dealpotentialweeklydealradar #investments #privateequity #dealpotential #venturecapital #fundraising #investmentstrategy #marketreport #privatemarket #BusinessNews #FundingSuccess #InnovationJourney #financialnews #SingaporeTech #WeeklyDealRadar #StartupSuccess #Funding #TechNews #Innovation #Investment #VentureCapital

Here’s a team that’s committed to diversity and inclusion in Southeast Asia. 500-backed First Move has invested in their first 10 startups in their inaugural year; 35% of the founders supported are women, and majority of the funding went to founders in Malaysia, as well as across Singapore, Indonesia, and Vietnam. Partner Audra Pakalnyte shared, “Our investments in Malaysian startups have not only fueled their growth, but have also attracted attention and interest from international investors.” Learn more on TechNode Global: https://bit.ly/3vhzY45 #500Global #500SoutheastAsia #500Strong #startups #technology #innovation #venturecapital #asia #southeastasia #malaysia #earlystage #affordability #financialinclusion #circulareconomy Photo credit: First Move

Startup Central | Picus Capital: Aims to expand presence in India & Southeast Asia What is the rationale behind the €200 mn investment? Naman Jhawar outlines the strategic objectives for Picus Capital & top sectors for them Avanne Dubash Naman Jhawar

Thanks, AVPN Indonesia for a fantastic New Year’s gathering at tiket.com beautiful headquarters! Megan Alliston and Ursula Toding had an enriching experience listening to the panel discussion on ‘How purpose-led corporations can upskill youths for the future of work.’ You never know who you’ll meet at events and we’re always eager to explore potential collaborations in advisory programs, connect with investors/startups, and explore ESG-related opportunities. Look out for us at the next event! #anginindonesia #investasi #angelinvestor #startupindonesia

#Uzbekistan's IT PARK Uzbekistan and Azericard sign MoU for joint venture and fintech #cooperation This #agreement outlines plans for joint initiatives in building #ecosystems to foster startups and venture #investments in both Uzbekistan and Azerbaijan. Details — http://dy.uz/SpSdb #UzbekistanITPark #Azericard #JointVenture #FintechCooperation #StartupEcosystems #VentureInvestments #TechCollaboration #BusinessPartnership #InnovationAlliance #Cooperation #IT

Why is consulting suddenly booming these days? Are we more affordable now in Egypt (after devaluation) to have some international consulting giants source from here or are we better equipped now professionally with the mixed experience of startups/MNCs? Are startups now able to fund (cash and/or equity or mixed even) consultants to help them reach the next level? Are local giants finally ready to transform their companies from a one man show to a corporate entity future ready? This landscape is changing quickly as of late or maybe I am just late in noticing now...

My year ender on Singapore’s start-up ecosystem. Key points: Most start-up founders cite rising costs, a high interest rate environment and manpower issues as some of the obstacles they faced in 2023. Looking ahead to 2024, investors are eyeing opportunities in areas like AI, environmental sustainability and quantum technologies. Read on: