Funding winter: VCs ask startups to focus on corporate funds from developed countries

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Funding winter: VCs ask startups to focus on corporate funds from developed countries

Quick Summary

The ‘funding winter’ is here, and the startup ecosystem is undergoing a correction globally.

So this is a good time to scale, but maintaining that balance between growth and bottom line will still be important after a successful raise,” says Elsha Eliasa Kwee, Investment Manager at Japanese VC firm Genesia Ventures.

Sharing similar sentiments, KK Fund Founder and General Partner Koichi Saito says that it is time for Southeast Asian startups to prepare for winter, just as it is for developed countries.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Topics: KK Fund Genesia Ventures Features Golden Gate Ventures Startups Investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 00:50:23

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 7 minutes read

Article Length: 1126 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 4722

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