The 3 freshly minted unicorns in January are Zhihu, URwork & Zoom Communications
By Shiwen Yap
Temasek has 15 unicorns, while GIC has 5 in its current portfolio.
Nearly every technology startup wants the same thing: more data. But in the rush to collect all manner of information about customers, tensions are rising in Silicon Valley over whether such practices amount to a form of surveillance that customers will ultimately find invasive. Whether ordering an Uber, streaming music,… Read more »
2016 ended at a cautionary note for investors as financing to venture capital-backed firms the world over hit a low in Q4 2016 with deal count dropping below 2000 for the first time since 2013 and $21 billion being invested in these deals during the period, hardly a surprise amid 2016 already hailed as a reset year for “exuberant funding” dominated 2015.
2017 and the period until 2020 is likely to see the continued growth of logistics as a growth sector and investment destination for investors interested in tech startups.
Chinese Internet companies are pursuing international growth through M&A in a trend that is likely to see a slight dip in 2017.
Michael Moritz – chairman of Sequoia Capital and one of the most successful venture capitalists in history – says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. “The movement of goods and services and people, by easier, more convenient means,” he said… Read more »
There’s a lot to suggest that might be the case, with big names from 500 Startups Management Co. to Google Inc talking up the region. Its potential to grow into a $200 billion internet economy “is an idea whose time has come,” Sajith Sivanandan, who oversees Malaysia, Vietnam, the Philippines… Read more »
Despite the buzz around start-ups working on financial technologies (fintech), investors globally and in India are approaching the sector with caution, a report said. According to ‘Pulse of Fintech’, a report from CB Insights and KPMG, venture capital (VC)-backed fintech funding fell 17% worldwide to $2.4 billion in the July-September… Read more »