The Singapore-based company is among the most richly financed technology startups in Southeast Asia, having raised more than $10 billion to date including about $3 billion from Japanese conglomerate SoftBank Group Corp.
The episode underlines how some publicly-backed venture firms are stepping up to keep seed money flowing to infant companies in former communist countries such as Poland, the Czech Republic, Slovakia and Hungary as private investors retreat from the region's nascent startup scene.
Fewer face-to-face meetings between security startups and potential investors contributed to a steep decline in the number of venture capital deals since COVID-19 spread throughout the world.
Dozens of startup founders, investors, and advisers said Amazon met with or invested in their companies, only to later build its own products that directly competed with the smaller company.
TI Platform Management is a global SEC-registered venture investment platform co-founded by Alex Bangash and Trang Nguyen in 2015. The venture firm invests in what they believe to be disruptive venture structures such as studios and platforms with a high growth potential while striving to bridge the diversity gap.
With a slump in venture capital investment expected in African tech ecosystems this year, the role of impact investment firms and institutions will become vital.
With billions of VC dollars currently invested in startups across the globe, it's encouraging to see recent reports suggesting that the vast majority of VC-backed startups look to be capable of surviving the ongoing pandemic.
Join the panel with innovators and incumbents to gain a global outlook on the impact that COVID-19 had on digital insurance. They will help answer 1) What are some product innovations in the space, 2) How are traditional insurance companies collaborating with startups, and 3) What are the main success factors?
The best venture investors have often been entrepreneurs. Peter Thiel, Elon Musk, Max Levchin are examples of tech luminaries and iconic entrepreneurs. In this panel, these successful serial entrepreneurs will focus on (1) Innovative venture models that entrepreneurs are using to create or invest in startups, (2) How entrepreneurs leverage their operating experience to help startups, and (3) How that has contributed to their returns.
VCs haven't stopped funding new companies, but they are rethinking how—and what—they invest in. Here's what partners at leading firms say.