
After a promising start the Thai startup ecosystem has slowed. Some say too much corporate money may have been part of the problem.
Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.
Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.
The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.
Backed by one of the largest Philippine conglomerates, Ayala, Globe Telecom’s CVC unit is a leading force in the country’s emerging ecosystem.
Korea now is home to one the most dense AI scaleup ecosystems in the world — even more than Silicon Valley.
Corporate investors have been part of $3bn worth of AI deals so far this year, with June particularly strong. There has also been a uptick in exits.
After GCV Powerlist member Yuko Sasahara Watanabe’s move to NTT Docomo’s lifestyle unit, the CVC arm named Jun Yasumoto president and CEO.