The region is home to 35 unicorns and counting, with fintech and e-commerce companies having raised the most funds, so far. With the public markets taking notice of the sector’s vast potential, 2022 could promise more listings in the line-up.
Conceived only two weeks ago, Expara Ventures lays claim to launching the first accelerator to target solutions to the problems caused by the COVID-19 pandemic. Presently siphoning resources from an existing fund, the VC is in talks with investors to support this initiative.
As governments across Asia look to decrease carbon emissions, Taiwan’ electric scooter sharing service WeMo is out to capitalise and turning to venture capital after four years of bootstrapping to do so. Its CEO and founder takes FinanceAsia through the vision.