Adrian Tay’s Post

  𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭!🤝 Atal Community Innovation Center-SGT University is pleased to announce that we have signed a 𝐌𝐞𝐦𝐨𝐫𝐚𝐧𝐝𝐮𝐦 𝐨𝐟 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 (𝐌𝐨𝐔) with SetMyCart, officially becoming their 𝐈𝐧𝐜𝐮𝐛𝐚𝐭𝐢𝐨𝐧 𝐏𝐚𝐫𝐭𝐧𝐞𝐫. This partnership provides an incredible opportunity for our incubated startups to leverage a vibrant marketplace with SetMyCart. With seamless omnichannel integration and advanced marketing tools, this platform will enable startups to showcase their products, reach wider audiences, and grow their businesses efficiently. Together, we aim to drive entrepreneurial success and innovation. Stay tuned for more updates on this exciting journey! 🚀 Atal Innovation Mission Official NITI Aayog Official Startup India MeitY Startup Hub SGT UNIVERSITY SetMyCart Madan Chaturvedi Anil S Kumar Dr. Atul Kumar Nasa Joginder Yadav Rishi Sharma Bakul Dev Rai Parveen kumar Amit Jangid #PartnershipAnnouncement #InnovationUnleashed #StartupGrowth #StartupSuccess #EntrepreneurshipJourney #EmpoweringStartups #StartupEcosystem #GrowthOpportunities

Asia's Startup Ecosystem Continues to Thrive! According to a recent report by Crunchbase, venture capital funding in Asia reached a new high in Q2 2024, totaling $125 billion USD. This represents a 25% increase compared to the same period last year. Key trends driving this growth include: - Increased focus on AI and generative AI startups: A recent study by CB Insights found that AI startups accounted for 35% of all venture capital deals in Asia during Q2 2024. - Rising interest in sustainable and impact-driven startups: Investors are increasingly prioritizing companies that address pressing social and environmental challenges. A report by McKinsey & Company highlighted a 40% increase in funding for sustainable startups in Asia during the same period. - Growing popularity of platform-based businesses: . A study by Bain & Company found that platform-based startups in Asia collectively generated $50 billion USD in revenue during Q2 2024. At Seedefy, we're dedicated to connecting global investors with the most promising startups in Asia. Are you looking to invest or find funding? Let's connect! #startup #investment #asia #emergingmarkets #tech #innovation #seedefy #AI #generativeAI #sustainability #platformbusiness #venturecapital #funding #techtrends #globalbusiness

#DeepTech on the rise in 🇪🇺. According to a new McKinsey & Company report, Europe is experiencing a significant upswing in Deep Tech investments, with a record €17 billion invested in 2023. Key insights from the report include: 🔵The share of Europe's global Deeptech #investments has grown significantly, with a nine percent increase in the past five years. Europe now accounts for 19% of global investment in Deeptech startups. 🔵 On average, 0.62% of all DeepTech startups achieve unicorn status. For digital tech startups, the figure is 0.54%. 🔵Deeptech startups take an average of six years to achieve unicorn status. 🔵Europe is a global leader in #AI and #quantumcomputing, with strong government support and collaboration across sectors. At #ExciteLab, we're committed to driving #hightech and #deeptech solutions forward. That’s why we’re offering a free #accelerator program for #startups . Applications are open until August 27—don’t miss this opportunity to scale! 🚀

The global tech startup ecosystem is witnessing significant developments 𝗧𝗼𝗽 𝗡𝗲𝘄𝘀 𝗶𝗻 𝗧𝗲𝗰𝗵 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 (𝟮𝟬𝟮𝟰): 1. 𝗖𝗿𝗲𝗮𝘁𝗼𝗿-𝗘𝗰𝗼𝗻𝗼𝗺𝘆 𝗕𝗼𝗼𝗺: 17 startups raised $900M, led by AI-driven tools like Captions and OpusClip. 2. 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝗧𝗶𝘁𝗮𝗻 𝗜𝗣𝗢: Closed at $101/share, a 42% increase, signaling strong demand for VC-backed IPOs. 3. 𝗖𝗼𝗿𝗲𝗪𝗲𝗮𝘃𝗲 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻: Valuation soared from $2B in 2023 to $23B, with an IPO planned in 2025. 4. 𝗛𝗲𝗮𝗹𝘁𝗵𝘁𝗲𝗰𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁: Redesign Health raised $175M to launch 60+ startups, tackling healthcare labor shortages. 5. 𝗪𝗮𝘆𝗿𝗮 𝗶𝗻 𝗥𝗮𝗽𝗶𝗵𝗼𝗴𝗮𝗿: Invested €500K to expand its AI-powered home services into Europe. #AI, #healthtech, and #scalable #platforms are shaping the future of global innovation. Which trend excites you most? Let’s discuss! #TechStartups #Innovation #AI #Startups2024 #VentureCapital #SaudiArabia #2034WorldCup #TechStartups #Innovation #Vision2030 #Entrepreneurship #DigitalTransformation #SmartCities

The Turkish startup ecosystem keeps a vibrant landscape of opportunities, marked by a dynamic shift and substantial growth in investments. The latest report from startups.watch sheds light on these transformative trends, revealing essential data points for businesses and investors considering Turkish market entry. Here are some Key Highlights from Q1 2024: ➡ $111M was invested across 161 deals, indicating a robust activity in seed, early, and later VC stages. ➡ The transformation of the TÜBİTAK BiGG Fund from a grant to a pre-seed fund has significantly influenced the ecosystem, spearheading the funding scene with 107 investments. ➡ In a continental comparison, Turkey ranks 2nd in Europe for the number of seed stage investments and continues to lead in the MENA region, demonstrating its strategic importance as an investment hub. ➡ Notable sectors such as Gaming, Biotech, AI, and Healthtech have seen considerable investments, reflecting the diverse and innovative nature of the Turkish startup environment. For a detailed dive into the report check the comment section.

🚀 Generative AI attracted nearly 20% of all VC funding last year 🚀 The Global Startup Ecosystem Report 2024 offers key insights into the changing dynamics of startup ecosystems worldwide. While global Series A funding dropped 46% from 2022 and the number of new unicorns fell by 58%, sectors like Generative AI experienced explosive growth, attracting nearly 20% of all venture capital funding last year. This reflects a shift in investor focus towards AI and Cleantech technologies, which are becoming central to innovation. In Asia, ecosystems like Tokyo and Seoul made significant gains, entering the top 10 globally. India, particularly in cities like Bengaluru and Delhi, continues to be a powerhouse, contributing heavily to startup innovation and entrepreneurial growth. India's vibrant tech ecosystem remains a critical player in the global startup scene, with increasing interest in AI and sustainability sectors. As we look ahead, collaboration between startups, governments, and corporates will be key to fostering sustainable growth and creating more job opportunities. Explore the full report here: https://lnkd.in/gRsQjSFs #StartupEcosystem #GlobalStartups #Innovation #GenerativeAI #VentureCapital #Entrepreneurship #TechTrends #Cleantech #AIInvestments #EconomicGrowth #SeriesAFunding #UnicornStartups #EmergingMarkets #TechEcosystems #StartupGenome #IndiaStartups #AsiaStartups. Credit: Photo by Andrea Piacquadio: https://lnkd.in/gNmZRFPZ

𝐀𝐧𝐝 𝐭𝐡𝐞 𝐆𝐨𝐨𝐝 𝐍𝐞𝐰𝐬 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐍𝐚𝐭𝐢𝐨𝐧 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 has published a new **H1 2024 Report** on the status of the Israeli Tech Ecosystem. This is an exceptionally positive report demonstrating Israel's resilience even in these challenging times. The report underscores faith in Israel's ingenuity, innovation, and its ability to defend itself while fighting a just war, highlighting the conviction that Israel will prevail. Here are some key highlights, and I encourage you to read the full report at [Startup Nation Central H1 2024 Report](https://lnkd.in/dGmyQCDg): - 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐠𝐫𝐨𝐰𝐭𝐡: Israel saw a 31% increase in private funding in H1 2024 compared to H2 2023, amounting to $5.1 billion raised across 322 rounds. This growth is projected to reach $6.7 billion when accounting for unreported rounds and undisclosed amounts. Notably, Q2 showed significant strength, with funding rising from $1.8 billion in Q1 to $3.3 billion in Q2. - 𝐏𝐈𝐏𝐄 (𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐏𝐮𝐛𝐥𝐢𝐜 𝐄𝐪𝐮𝐢𝐭𝐲) 𝐟𝐮𝐧𝐝𝐢𝐧𝐠: This sector saw a 90% increase to $359 million, maintaining its status as a primary investment source for public companies amidst a dry IPO market. - 𝐌𝐞𝐠𝐚-𝐫𝐨𝐮𝐧𝐝𝐬: Fourteen mega-rounds (those above $100 million) contributed $2.8 billion, representing 56% of total private funding. This influx provided essential support to many early-stage and mid-stage companies. - 𝐎𝐯𝐞𝐫𝐚𝐥𝐥 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦: With 7,158 active startups and 217 active investors, private funding rebounded and M&A activity surged. Global investors continued to play a pivotal role, reflecting confidence in Israeli tech innovation. However, challenges in raising capital and growing companies across funding stages remain. Additionally, the Israel Innovation Authority (IIA) announced the extraordinary achievements of Israeli startups, which have won EIC Accelerator grants totaling €108 million. This success positions Israel among the top five countries participating in this program. 𝐖𝐄𝐋𝐋 𝐃𝐎𝐍𝐄 𝐈𝐒𝐑𝐀𝐄𝐋!!

The Global Startup Ecosystem Report 2024 (GSER 2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. The #Israeli_high_tech sector is the engine of the nation’s economy and despite a globally challenging year for funding, #startups in Israel raised $7 billion in 2023, a return to the levels of investment from 2018 and 2019, before the relative anomalies of peak years in 2020 to 2022. ✅Tel_Aviv moved up one spot from last year, GSER 2023, to tie Los Angeles as the #4 ranked global ecosystem. ✅Tel Aviv is noted as a world leader in startup innovation and a model of the power of resiliency. ✅Tel Aviv startups are bolstered by a strong network of VC funds and is a booming hub for international and local innovation centers. ✅Tel Aviv is a melting pot of diverse startups, visionary investors, and cutting-edge events with a strong support system of mentors and accelerators. ✅It has the highest density of startups per capita in the world. ✅In 2023, Stanford University ranked TAU as the institution with the most unicorns established by alumni in the world, excluding the U.S. 📌More details about Israel's ecosystem in general and Tel Aviv in particular in this report: https://lnkd.in/eWSdp4Kc

I just read the "The Global Startup Ecosystem Report 2024" and I would like to share some points that really caught my attention: . 1. State of the Global Startup Economy: - Global Series A funding fell 46% in 2023 compared to 2022. - However, the average Series A deal size increased in the second half of 2023 compared to the second half of 2022. - The first quarter of 2024 showed signs of improvement, with an 18% increase in Series A funding compared to the fourth quarter of 2023. . 2. Generative Artificial Intelligence (GenAI): - In 2023, 18% of all venture capital funding went to startups focused on GenAI. - GenAI funding tripled in 2023 compared to 2022, and the number of deals nearly doubled. . 3. Cleantech: - Late-stage Cleantech funding increased 2.5 times in the second half of 2023 compared to the first half of 2020. - Europe leads in early-stage Cleantech funding, with the UK, France, and Germany increasing Series A funding by nearly 50% in 2023 compared to 2021. - Globally, about 15% of Series A Cleantech funding went to startups located in the leading European countries, compared to only 4% in the US and China. . 4. Unicorns: - In 2023, there was a 58% drop in the creation of new unicorns compared to 2022, and an 87% drop compared to the peak of unicorns in 2021. - In the first quarter of 2024, there was a slight recovery with 25 new unicorns, the highest number since the fourth quarter of 2022. . 5. Emerging Ecosystems: - The share of emerging ecosystems in Series A funding increased to 19% in 2023, compared to 13% in 2019. - Among the top 40 ranked ecosystems in the GSER 2024, the share of Series A funding was 65% in 2023, a decrease compared to 79% in 2019. "The importance of robust innovation environments and investments cannot be underestimated to drive economic growth and technological innovation." . . #Startups #Innovation #Entrepreneurship #AI #Cleantech #Technology #Investments #StartupEcosystems #GlobalEconomy #GSER2024

🌟  Startups of 2024: Emerging Trends in European Startups SearchVentures has hit a new milestone with over 3,000 weekly readers. Our latest issue, "What we expect in 2024" continues our mission of providing clear, data-driven insights on the European startup market. Missed our 2024 startup expectations? Read it here: https://lnkd.in/dXCW_AXk 🚀 A Glimpse into 2024 > Key sectors are emerging, with Climate Tech climbing to 26.5% and AI & Software to 20.5% of the total investment, highlighting Europe's strategic direction towards sustainability and tech innovation. > Health Tech: Now capturing 14.5% of investments, showing a growing focus on digital health technologies. > Estonia’s Unicorn Rise: Estonia stands out with the highest unicorn-per-capita ratio, highlighting the importance emerging startup hubs in Europe. 💹 Startup Investments After a challenging 2023, with a 45% decline in overall startup funding, there's an optimistic shift. The data shows a steady increase in late-stage investments, reflecting renewed investor confidence and a more robust funding landscape for 2024. 🌐 European Tech Spotlight Mistral AI's rapid growth, raising $385 million and reaching a $2 billion valuation. The unicorn status of Mistral reflects Europe's growing ambition to establish itself as a key player in AI, challenging the dominance of Silicon Valley. This achievement underlines the region's ability to foster significant growth and innovation, even within a regulated market. 🔥 Emerging Hubs Sparking New Opportunities The growing prominence of Sweden, Switzerland, and Estonia in the startup scene highlights a strategic shift in venture capital. These countries, now emerging as innovation hubs, are gaining attention for their increasing number of unicorns and innovative startups alongside favourable regulation. ✨ Stay informed about the latest European startup trends and insights with the SearchVentures weekly newsletter at www.searchventures.co #SearchVentures #EuropeanStartups #Innovation2024 #TechTrends #InvestmentInsights #EstoniaUnicorns #AI #ClimateTech