Tag: Venture capital
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Tech startups trying to fill tech gap
A worker refills a robotic dispenser by eFishery, an agritech startup, at a fish farm in Subang Regency in West Java, Indonesia, in June 2022. The startup helps farmers optimize their processes through automatic feeders and mobile apps. Dimas Ardian | Bloomberg | Getty Images Indonesia’s tech startups are reeling in big money in seafood…
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VC firms will be pickier in 2023
Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. A total of $679.4 billion was invested globally in 2021. Malte Mueller | Fstop | Getty Images Venture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and economic headwinds slowing growth…