Stefan Jung has spent five years in Southeast Asia’s start-up scene, first as a leader at Rocket Internet and then as a VC investor. He believes the region is just beginning to unlock its potential.
It was 2011, and Rocket Internet, the Berlin-based start-up incubator founded by brothers Oliver, Marc and Alexander Samwer, wanted to take its business global. The firm had made its name by bringing internet...
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Singapore will support local start-ups through a S$100 million ($76 million) intellectual property (IP) commercialization fund, with Temasek Holdings set to provide at least half the capital.
Indian education technology start-up IMAX Program has received a $13.5 million funding round from a group of venture investors including the Michael & Susan Dell Foundation (MSDF).
Taiwan Liposome, a venture capital-backed manufacturer of pain medication and treatments for eye conditions, has filed for a NASDAQ IPO.