This yr we’ve seen several funding announcements which might be significant not just for the parties involved, but in addition for the ecosystem wherein they reside. This stands out as the amount raised by the startup (Unicorn! Decacorn! Hippogriff!) or the investor behind it (Someone famous, e.g. boxer Or actor). Here are the highest 10 funding news that rocked the startup ecosystem in Southeast Asia in comparison with: e27:
1. Edutech graduates to the following level
2019 was an exciting yr for the Indonesian edutech sector as three of the leading startups available in the market –Staff room, Zenius, EducationAND HarukaEdu— announced subsequent rounds of financing. What’s more: Ruangguru has raised as much as $150 million, an amount considered the best ever raised by an edutech startup available in the market.
2. Fintechs
Notable funding announcements include investments in startups similar to Kredivo, My Cash, iSTOX, PayMongoOr Crowd. As the market becomes more open and receptive to fintech innovation, investors are increasingly confident in Southeast Asia’s ability to rework right into a fintech hub.
3. Real Estate Technician
The most interesting a part of investing in real estate technologies in 2019 was their diversity, e.g ShweProperty within the emerging market of Myanmar, Travelio in a mature market in Indonesiahotel and catering, similar to RedDoorzand real estate exchanges similar to 99co.
4. Automotive e-commerce platforms
Automotive e-commerce platforms in Southeast Asia are also gaining popularity amongst investors, including: Karmatic.
5. Investing in cafes
Since late 2018, VC firms in Southeast Asia have begun investing in non-tech firms, similar to Alpha JWC Ventures’ investment in Coffee of memoriesEast Ventures investment in Before coffeeand Intudo Ventures investments in Artotel AND R Fitness. The trend reached a brand new peak in 2019 with the rise of Kopi Kenangan prolonged round of Series A financing from American stars and athletes similar to Jay-Z and Serena Williams.
6. An emerging market is where motion happens
Investors are increasingly concerned about the emerging market, investing in Vietnamese startups similar to Proses Or Review and Burmese start-ups similar to You are horses Or ShweProperty.
7. Investment for the environment
Fortunately, investors are increasingly concerned about investing in firms with a robust social impact. Think CricketOne Or Bamboo. In fact, Big Idea Ventures was launched fund which focuses on investing in the event of alternatives to meat.
8. The birth of a brand new unicorn
When Singapore’s newest unicorn was born Trax announced its Series D funding round while Indonesia saw it the fifth unicorn in OVO.
9. Healthtech, Medtech Investment
One of the most recent was the investment in Zeniumstart-up within the dental industry and investment in YOUportable dialysis device.
10. Securing latest funds
Many VC and CVC firms also announced their latest funds in 2019, similar to: EV Growth Fund. While most funds remain sector agnostic, some have chosen to give attention to a particular industry, e.g New protein Or women entrepreneurs.
Source : e27
