More VCs in SE Asia to bet on deep tech, say 500 Startups, Wavemaker

An attendee holds the hand of a humanoid robot named Pepper, developed by SoftBank Corp.’s Aldebaran Robotics unit, during a SoftBank developer’s workshop for students and robot enthusiasts in Tokyo, Japan, on Wednesday, March 4, 2015. Photographer: Akio Kon/Bloomberg

The next few years are going to see more venture capital (VC) firms in Southeast Asia channel funds into deep tech, according to prominent industry players.

Deep tech encompasses areas such as artificial intelligence (AI), internet of things (IoT), sensors, drones and robots, nanotechnology, biotechnology and augmented/virtual reality. Deep tech startups boast of patented technology that is difficult to replicate.

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