SGSME logo
SUBSCRIBERS

How can South-east Asia produce more unicorns?

Published Mon, Jan 14, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    FUELLED by talented and experienced entrepreneurs, South-east Asia is fast becoming a leading innovation destination. While the US fell out of the top 10 in the 2018 Bloomberg Innovation Index, Singapore moved up to third spot driven by its large investment in R&D funding and STEM education. Other South-east Asian countries on the list include Malaysia (#26) and Thailand (#45).

    Private equity and venture capital investments into South-east Asia hit a record US$23.5 billion in 2017, which more than doubled from 2016 according to a report by Singapore Venture Capital & Private Equity Association (SVCA).

    Copyright SPH Media. All rights reserved.