Analysis >> Venture
Singapore accelerators: Corporate orientation
The rise of corporate-backed innovation programs in Singapore suggests the emergence of a new model for start-up development. Stakeholders are monitoring the pros and cons of the phenomenon
Impact agenda: Attracting institutional capital
Global PE firms are launching impact funds tailored to appeal to institutional investors that have so far largely ignored the space. There will be growing pains, but the benefits should be wide-ranging
Strategic players in China's tech space: The upstarts
A new generation of Chinese technology companies, led by Toutiao, Meituan-Dianping and Didi Chuxing, is challenging the incumbent giants. It is the inevitable consequence of a more complex environment
AVCJ Awards: Fundraising of the Year - Venture Capital: Lilly Asia Ventures
Lilly Asia Ventures’ rapid-fire $450 million fundraise reflects increasing LP interest in the opportunities offered by the Chinese healthcare sector
Southeast Asia VC: Growth impediment?
Southeast Asia has an abundance of local players targeting early-stage deals while foreign investors fly in to participate in the later stage rounds. The industry is looking for ways to fill the hole in the middle
Energy storage: Held in reserve
Energy storage has the potential to benefit Asia’s renewable power developers and traditional utilities, but regulatory obstacles must be removed first. PE can help the industry over its current hurdles
Moving time: How VCs replace start-up CEOs
From Uber to Flipkart, there are high-profile examples of founders being replaced as CEOs of their start-ups. It isn’t common practice in Asia, and for reasons of corporate culture, this isn’t likely to change
Singapore accelerators: Searching for sustainability
The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
VC secondaries: Trading unicorns
Secondary investors are seeing more deal flow in the venture capital space as GPs seek to generate returns on assets that are taking longer than expected to go IPO. Valuations remain a sticking point
Indonesia VC: Corporate kingpins
The corporates and family groups that dominate Indonesia’s economy are becoming increasingly active in the VC space. To independent GPs, they are more friend than foe, but agendas and approaches vary
China VC spin-outs: Daddy issues
Several managers in the latest generation of China VC spin-outs retain close ties to their former corporate parents. These relationships can deliver great deal flow, but also governance headaches
AVCJ Awards 2016: Fundraising of the Year - Venture: GGV Capital
GGV Capital won strong investor support for a Sino-US venture strategy that allows it to back start-ups from seed through growth rounds
China VC: Early birds
With concerns that China's venture capital boom is heading for a bust, investors are increasingly targeting early-stage strategies. Renminbi funds are also coming more into the reckoning
India VC: Growing pains
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
Blockchain: Ethereal frontiers
As blockchain segments mature in Asia, private equity and venture capital investors will benefit from a range of new entry points. Pitfalls related to the technology’s obscure nature, however, will persist
Philippines consumers: Boom in a bottle
Tidal shifts in the Philippines' consumer demographics are piquing interest among private equity and venture capital investors alike, but sluggish policy modernization efforts remain a key barrier to entry
Taiwan regulation: Forward views, sideways moves
The Taiwan government is attempting to reconcile its conservative tendencies with a need for innovation as the local venture capital industry marks mixed progress in filling an early-stage vacuum
VC value-add: Operational gambit
As competition for VC deals intensifies in Asia and capital becomes commoditized, GPs are stressing their value-add credentials. Should we believe the hype?
Korea VC: Leaps of faith
Korean e-commerce start-ups have seen breakthroughs in fundraising over the last few years, but investors are already concerned about the future of the industry
Drones: High-flying tech
The exponential rise in drone technology investment during the past few years is now expected to level off into slower growth as venture capitalists discover a galaxy of more nuanced opportunities
SE Asia tech IPOs: Loosening up
The Singapore Exchange has found limited success in attracting regional tech IPOs. Investors say it needs greater flexibility and understanding to grab a piece of the market
Rocket Internet: The human wave
Rocket Internet has played a major role in developing Southeast Asia’s e-commerce sector, but industry players say the firm’s most lasting effect will likely be the large talent pool that it is creating in the region
Cross-border VC: Changes in the wind
US-China cross border investment continues to present exciting opportunities for venture capital firms targeting technology start-ups, but investors must keep up with the pace of the market’s transformation
Indonesia VC: Work in progress
As Indonesia’s start-up space matures, with ever more capital pouring in, VC players recognize that exits are the key to creating a sustainable investment environment. However, it is still early days