Press Releases

InnoVEX Saloon to Share Opportunities for Startups in Asia

2024-11-05


According to KPMG's Venture Pulse Q3 2024, VC-backed in Asia has raised USD 15.6 billion in Q3 2024 across 2249 deals; reaching USD 55 billion from Q1 to Q3. The report also shared that VC investments seem to concentrate in mid-capital stack rounds, with different tendencies between regions and countries. While the numbers have shown a downward trend, there is a growing hope that there will be a bounce back in 2025 as various countries explore opportunities and possibilities to nurture their own startup ecosystems and external factors stabilize.

Asia is not a monolithic region as different sections have different characteristics and excel in different industries while focusing on different startup stages. To help startups interested in exploring or even expanding to Asia, InnoVEX will hold the next InnoVEX Saloon: Chance in Asia on November 13, 2024 from 09:00 to 10:00 (UTC+8). The event will be held in an online format to help global startups know more about Asia and the resources or network connection they might be able to leverage for their business. The InnoVEX Saloon will not be published to other platforms so interested teams are encouraged to sign up and join directly or they will miss the valuable information from the saloon.

The event will be joined by VCs representing Singapore & Japan as well as GCC regions along with InnoVEX team members who will introduce various resources and possible network connections that startups can leverage to join the comprehensive and diverse Asian market.

Sharing his insight about the Singapore and Japan market will be Raymond Woo, the Chief of Staff of Piece Future and Advisor for Kyoto University Innovation Capital (Kyoto iCAP). Piece Future provides an innovative IPVC (intellectual property venture capital) investment approach in which appropriate patents from reputable multinational corporations can be transferred to early-stage deeptech startups in exchange for equity, which can accelerate the startups’ research and development, and increase their valuation and fundraising potential.

William Lechuga, the principal of the venture capital - The Independent, will share his experiences in the Gulf Cooperation Council (GCC). He has an extensive background working with Fortune 500 companies, serving as a technology entrepreneur, and advising both the private and public sectors, including economic development initiatives. The Independent represents William’s dedication to nurturing new ideas, fostering independent and critical thinking, and championing innovation that leads to impactful solutions.

In addition, the InnoVEX team members will also join the InnoVEX Saloon; not only to share the new additions to InnoVEX 2025, but also to introduce the IC Taiwan Grand Challenge. The IC Taiwan Grand Challenge is an initiative started by the National Science and Technology Council (NSTC) to bolster Taiwan's IC startup ecosystem and attract global tech talent and investment. As part of the Taiwan Chip-based Industrial Innovation Program (Taiwan CbI) which is a collaborative effort by Taiwanese government ministries to leverage Taiwan's semiconductor expertise by integrating chips with critical innovations; the IC Taiwan Grand Challenge competition seeks out talented global tech startups to join the dynamic and competitive semiconductor industry.

The IC Taiwan Grand Challenge is open for startups, university teams, and individual entries who focus on IC design innovations as well as chip-based innovative applications. Special attention is given to applicants in Smart Data & AI, Smart Mobility, Smart Manufacturing, Smart Medtech, and Sustainability.

Sign up for the InnoVEX 2024 Saloon – Chance in Asia and save your seat today!
Sign up here:
>>> https://seminars.tca.org.tw/D17y00180.aspx

Media Contact

Taipei Computer Association    Tel: +886-2-25774249  Fax: +886-2-25785392

David Liu 360  Email: david_liu@mail.tca.org.tw

Sharlene Hung 324  Email: sharlene@mail.tca.org.tw

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