#Asia Watching baby unicorns grow up: The state of investment in Southeast Asia


Cockroaches might be the coolest new thing but we can never get over of unicorns


Southeast Asia has seen the emergence of unicorns –companies with private valuation of over US$1 billion — in the past few years.

In fact, companies such as Grab and Lazada gained over US$2 billion of valuation.

Venture capital firm Golden Gate Ventures (GGV) believes that startup activity in the ecosystem is at a critical inflexion point, with VC funding doubling year on year in the first quarter of 2016 — despite a slowing global economy and volatility in emerging markets. Even data indicates that in the last five months alone, US$1.7 billion has been invested in 473 deals.

Check out the following infographic by GGV to see how the region fares in terms of breeding unicorns:

GGV SEA Inforgraphic

Image Credit: Pixabay

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