Venture capitalists eye exits to improve sentiment in 2025 as funding winter shows signs of easing
While VC activity was muted in the first half of 2024, things have started to pick up
THE year 2024 has not been a good one for players in the venture capital (VC) space.
“There was a fair bit of optimism for VC in this region to pick up, but it has lagged behind quite a fair bit,” said Looi Qin En, a partner at corporate VC firm Saison Capital.
While other private equity segments recovered in 2024 to pre-Covid levels, VCs – funding to startups and early-stage companies with high growth potential – have had a “disappointing” year, he said.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts
Deal between tycoon friends sparks scrutiny of Philippine power sector
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet