This is an exciting time in Southeast Asia in terms of venture funding, given the dynamics going on in the region, but a lot still needs to be done to boost the region’s VC ecosystem, said panelists at a session titled “VC Fundraising Trends in Southeast Asia: How To Navigate the Bumpy Trail?” at the Asia PE-VC Summit organised by DealStreetAsia in November.
LPs who want to continue their activities even as the COVID-19 pandemic continues to shut down borders will be looking for neutral and international exchange locations. “Southeast Asia throughout history played that role very strongly, connecting the East and West,” said Dave Ng, general partner at Altara Ventures at the panel.
There is still a lot that VCs in the region need to do to educate western investors on the growth potential of the Southeast Asian market and on how to convince them to allocate capital, added co-panelist Pandu Sjahrir, who is co-managing partner at alternative asset manager Indies Capital.
Watch the video of their discussion with Roderick Purwana, managing partner at SMDV, here:
