A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups that are targeting underserved markets or applying new technologies, from generative AI to blood-based cancer diagnostics. These include eco-friendly innovations, such as the development of insect-based alternative proteins and digitization of milk production to improve yields. Others include social commerce providers, which help users sell consumer products. Thirteen countries and territories are represented across 11 categories, including biotechnology and healthcare, e-commerce and retail, and finance. Leading the list for the second year in a row, Singapore contributed 20 companies to the list, followed by Hong Kong with 15 and mainland China with 11. The emerging innovation hubs of Indonesia and the Philippines contributed 11 and 9 companies respectively.
CNBC H2-2024 VC Investment Outlook by Valerianus Ian Sulaiman: Investing in Innovation & Growth Across Industries
The venture capital landscape may be tightening, but Trihill Capital remains focused on the future. We’re actively seeking high-growth businesses with strong profitability prospects, including exciting startups across various sectors and tech-enabled businesses in the consumer segment.
Beyond pure tech plays, we’re also keen to support real sector businesses that are embracing technology and driving its adoption. This focus ensures we’re not only investing in innovation but also its practical application across industries.
Are you a startup founder or a leader in a tech-driven real sector business? We’d love to hear from you! Connect with us at pitch@trihillcapital.com
Listen the full conversation here: https://www.cnbcindonesia.com/tech/20240722110512-39-556540/video-sempat-merosot-ini-tren-pembiayaan-modal-ventura-h2-2024