Southeast Asia

The amount of raised capital and deals dropped slightly in 2020, but there are more than one reason to be optimistic for Southeast Asia’s startup ecosystem.

iMin expects sales for 2021 to surpass the USD 10 million mark.

It is ‘unlikely’ that Razer will issue its own cryptocurrency but it might accept select digital currencies as payment for its hardware and services.

Regulators are making changes to Indonesia’s finance systems to keep up with the times.

Often the only Asian VC in the deals it is involved in, iGlobe Partners connects western and Asian startup networks to invest in game-changing innovations.

The firm plans to back 32 companies, with a ticket size ranging from USD 250,000 to USD 1 million.

iGlobe Partners closed its fourth fund, iGlobe Platinum Fund III, to invest in game-changing companies in smart cities, synthetic biology, and fintech.

A report by Euromonitor International further forecasted that retail e-commerce sales in the Asia Pacific would nearly double and reach USD 2 trillion in 2025.