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Dispatches from the Road: Q3 2023

Revolution

What we did: Rise of the Rest Associate, Isabelle Styslinger , went west for Rocky Mountain Venture Capital Association ’s Emerging VC Summit, where she networked, knowledge shared, and explored Bozeman’s great outdoors with dozens of investors whose geographic focus spans the Mountain West. Where we went: Bozeman, MT?

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Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

Early Stage Venture Fund (ESVF) The Early Stage Venture Fund (ESVF), an instrumental initiative in Singapore’s startup ecosystem, is designed to provide crucial financial support to early-stage high-tech startups.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Our findings confirmed a significant shift away from the traditional tech hubs of the Bay Area, New York City, and Boston, with the proportion of seed- and early-stage VC dollars funneling into the Bay Area falling below 30% for the first time in more than a decade. Seed- and Early-Stage U.S, Infrastructure touches everything.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

It turns out that while later-stage investors, mostly international VC firms, grabbed headlines by writing immense checks, pre-seed and seed-stage investors were instrumental to the growth of the continent’s tech ecosystem. Will we see similar numbers in 2023, or will things change?

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Africa predicted to experience sustained funding slowdown in 2023

TechCrunch

Africa seemed to defy the global venture funding decline in the first half of 2022 after its startups raised $3 billion, double the amount secured over a similar period the previous year. Africa predicted to experience sustained funding slowdown in 2023 by Annie Njanja originally published on TechCrunch.

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3 investors presage the future of startups and VC following SVB’s downfall

TechCrunch

To put it mildly, the meteoric collapse of Silicon Valley Bank has been a historic time of confusion for everyone the startup ecosystem touches. There’s going to be an extreme shift in general in the financial industry when it comes to financing startups. I also expect more regulation for the VC and startup world.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Jeremy Loh, Co-founder and Managing Partner of Genesis Alternative Ventures highlighted a concerning trend of dwindling venture capital (VC) funding for Asian startups. He stated that VC funding experienced a substantial decline of 60% in Q3 2022 compared to the previous year’s corresponding period.