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🎉We are number 7🎉 In the latest Global Startup Ecosystem Report by Startup Genome and the Global Entrepreneurship Network announced during London Tech Week, Singapore has jumped one position up to the 7th Global Startup Ecosystem. Singapore now has more than 4,500 tech startups, 400 VCs, and 240 accelerators, venture builders and incubators, with an increasing focus in deep tech. This led to a 31% increase in Deep Tech deals, totaling 159 transactions in 2023. From July 1, 2021, to December 31, 2023, Singapore’s startup ecosystem generated US$144 billion in Ecosystem Value (source: e27 (Optimatic)). Out of these investments, a total of US$5.8 billion were in early stage startups. What then makes us attractive as a global startup hub? As the report points out: ✅ Strong Market Access With over 7,000 MNCs and trade networks of over 27 free trade agreements and partnership agreements with major economies, startups could tap into our extensive network to accelerate into new markets ✅ Deep IP and Deep Tech Expertise With robust intellectual property laws and access to nearly 40,000 research scientists and engineers, we are a great test bed for new innovations and a magnet for top global talents ✅ Ease of Doing Business We have top-tier talent, streamlined setup processes, and a robust investor network which help startups land seamlessly into Singapore. Our strong partnership between startups, corporates, investors, public sector and the institutions of higher learning makes it possible. As much as we celebrate this achievement, more need to be done to come together and continue building a vibrant, thriving startup community in Singapore. At ACE.SG, we are brewing something major towards this direction and are calling for like-minded partners alongside us on this journey together. Reach out to me if you are interested in finding out more! #ACEsg #Startups #Enterpreneurs #Partnership #EcosystemBuilding #CommunityBuilding #Singapore

Tiny but mighty. Singapore jumped a spot to rank 7th in this year’s Global Startup Ecosystem Report 2024 by Startup Genome. With its network of more than 4,500 tech startups, 400 VC investors, and 240 accelerators and venture builders, #Singapore’s startup ecosystem is valued at US$144 billion, compared to the global average of US$29.4 billion in Startup Genome’s report. Innovative #startups can also tap Singapore’s global connectivity and highly skilled workforce to do business with ease in Singapore and expand into #Asia. Read the full report: https://lnkd.in/gVBxGYPA

Let's celebrate and showcase Southeast Asian startups! Over the next few weeks, we'll be highlighting the incredible stories of startups making waves on the global stage. Our editors have curated a series of listicles spotlighting startups that are overcoming fundraising and scaling challenges to break barriers. 🚀 Spotlight on Malaysian Startups in 2024 Discover the dynamic developments in the Malaysian startup ecosystem from the first five months of 2024. https://lnkd.in/gmvaH6aK 🚀 15 Indonesian Startups Keeping the Ecosystem Thriving Despite challenges, these 15 Indonesian startups are inspiring continued belief in the region's potential. https://lnkd.in/gkpUTxa2 🚀 Top-Funded Southeast Asian Startups in May 2024 Explore the funding landscape for Southeast Asian startups, which raised $143 million in May 2024, a notable decrease from last year. https://lnkd.in/gEZYyCFp Become a community champion and help us provide a platform for these amazing startups for less than the price of your morning cup of coffee. Access these exclusive Pro Content for just $4.90 this month when you subscribe. #Malaysia #Indonesia #SouthEastAsia #Startups #Community #e27Pro

10 Luxembourg Startups To Keep an Eye On In 2024 Luxembourg’s startup scene is buzzing with innovation and potential. As we head into 2024, there are several startups emerging as leaders in their respective fields. In this article from TechRound, here’s a glimpse into what makes each of them stand out. https://lnkd.in/gvNccScx #Luxembourg #TechStartUp

Lithuanian startups: a tale of resilience 💪 Lithuania is among 3 countries in Europe to raise startup investments, with notable mentions including Nord Security and PVcase (each USD 100 million), and CAST AI (USD 55 million). As Inga Langaitė marks, last year was challenging for startup ecosystem. “It was not about raising investment at any cost, but about sustainable growth, increasing profitability, and focusing on product and top talent”. In this sense, Lithuanian startups not only understood the assignment but continued to raise investments. Kudos to the top 5 investments raised by startups:  #unicorns #StartupEcosystem #TechInnovation #LithuaniaStartups #UnicornsLithuania

🚀 CEE startups are making waves! With a total worth of €213 billion in 2023, the region has seen big growth in enterprise value. Poland, Ukraine, and Estonia are leading the charge, contributing €49 billion, €28 billion, and €28 billion, respectively. Despite decreased funding in 2023, the first quarter of 2024 looks promising, with three CEE startups achieving unicorn status (CZ Mews and PL ElevenLabs & Techland). Enterprise software, security, and energy sectors continue to dominate the funding landscape. Exciting times ahead for CEE startups! https://lnkd.in/epwTSdHk #Startups #VentureCapital #CEE #Ecosystem 🌍💼📈

🚀 If 2023 was marked by soaring efficiency and profitability, 2024 promises even more significant changes for the vibrant startup ecosystem of Lithuania.   Last year, the Lithuanian startup ecosystem welcomed a whopping EUR 272 million in investments, with a remarkable 80% flowing into three major players: Nord Security and Surfshark (USD 100 million), PVcase (USD 100 million), and CAST AI (USD 55 million). With a thriving community of over 870 startups and close to 18,000 talents, the ecosystem contributed a substantial €275 million to the Lithuanian budget in the first three quarters.   Inga Langaitė, the visionary CEO of "Unicorns Lithuania," forecasts a year of growth, especially in the second half of the year, for Lithuanian startups in 2024.   Get to know 12 startups in Lithuania that will be making waves in 2024! 🌐✨   #LithuaniaStartups #UnicornsLithuania #LithuaniaCocreate #CoCreateSolutions

What about this 🤔 📈 According to Startup Estonia, the turnover of startups in 2022 reached a remarkable 2.1 billion euros, showcasing a 49% annual growth rate in the sector. Estonia now boasts a total of 1,400 startups contributing to these impressive numbers. 🤔 What's happening with us? In contrast, we have around 80-100 startups, and their income remains significantly lower. 🚀 Can we grow our sector? Absolutely, but startups alone cannot drive this growth. It requires a concerted effort from both the government and private businesses. While there have been some initiatives, progress has stalled. The initial steps are no longer sufficient to meet the evolving demands of modern ecosystems. It's time to reignite our efforts and build a thriving startup environment! #startup Apine #apine

🚀 If 2023 was marked by soaring efficiency and profitability, 2024 promises even more significant changes for the vibrant startup ecosystem of Lithuania.   Last year, the Lithuanian startup ecosystem welcomed a whopping EUR 272 million in investments, with a remarkable 80% flowing into three major players: Nord Security and Surfshark (USD 100 million), PVcase (USD 100 million), and CAST AI (USD 55 million). With a thriving community of over 870 startups and close to 18,000 talents, the ecosystem contributed a substantial €275 million to the Lithuanian budget in the first three quarters.   Inga Langaitė, the visionary CEO of "Unicorns Lithuania," forecasts a year of growth, especially in the second half of the year, for Lithuanian startups in 2024.   Get to know 12 startups in Lithuania that will be making waves in 2024! 🌐✨   #LithuaniaStartups #UnicornsLithuania #LithuaniaCocreate #CoCreateSolutions   📷 Photo by Startup Lithuania ©