thailand tech startup ecosystem report 2020

2020 was a record year for Israel’s security startup ecosystem A look back at notable funding trends, rounds and exits . This would not have been possible without the help of the founding partners of the project, The Health Innovation Exchange by UNAIDS and Moscow Agency of Innovations – both knowing how big of a challenge COVID–19 posed from an early stage and the value in our project. [Ecosystem Enabler Awards] People’s Choice VC Brinc – venture capital and accelerator firm that invests in pre-seed to series A startups and runs global accelerator programs. One way to improve your local startup ecosystem (and thus your chances of startup success), is to help push for better measurement of its growth and gaps. Bank of Thailand 1; Singtel 1; Banpu 1; Toyota 1; UFJ 1; Visa International 1; Whole Foods Market 1; Bell 1; YouTube 1; Today's 1; Show more; Writers. The biggest trends for the second half of 2018 summarized in the report are as follows: TS Startup Report Master – Edit for web publish 1Feb19, Thailand leads mobile banking penetration, Thai e-Commerce Shoots up to 3.2 trillion baht in 2018. How can the ecosystem … The 2020 version ranks 1,000 cities and 100 countries worldwide, tracking both momentum and trends within the startup ecosystem from 2017 onwards. with the intention of helping innovators around the world to cooperate and build solutions faster. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Startup ecosystem raised over $50 Billion in funding between 2014 and 2019 More than 43% of the total startups in India have one or more women directors Introducing, the National Startup Awards 2020 … There was more fundraising for startups in Thailand in 2018 than in the year before. They have since continued to rise, going above $66 a barrel on February 24. Viu leads Southeast Asia’s video-streaming market with 30m users. The four Ms represent a convergence of positive factors that will shape the Asian century. Naama Ben Dov 5 months Naama Ben … Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Big 4 club of countries (US, UK, Israel, and Canada) has held its ground since 2017, showing that there is a real gap between these 4 countries and those below that will be hard to narrow. How will oil prices shape the Covid-19 recovery in emerging markets? The ongoing increase in oil prices, which have soared by 75% since November and around 26% since the beginning of the year, marks a dramatic change from last year. https://www.techinasia.com/thailand-startup-ecosystem-infographic This tendency shows, as it closely follows New York to take third in the rankings. A key feature of SPACs is that they are often headed by big-name business executives or fund managers, who trade on past successes to inspire trust in investors. The winners of the 3rd Global Finale of the Global Startup Awards, the world’s largest independent startup ecosystem competition, have been just announced.The Global Startup Awards was founded in 2012 in Copenhagen, Denmark and has awarded companies like UiPath, Zendesk, Supercell, Turbine or Grab over the last decade. We also use third-party cookies that help us analyze and understand how you use this website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Southeast Asia’s tech startup ecosystem has produced many tech unicorns over the last decade, including companies such as Grab, Bukalapak, GoJek, Lazada, and Tokopedia. Describing the period up to Dec 2019 “the calm before the storm”, the report highlights that the general outlook was positive with a cumulative of 85 ecosystems having produced unicorns or had billion-dollar exits. Tech.eu Podcast: Putting startups in a bubble that’s not really a bubble with Dominique Piotet In today’s show, we talk with Dominique Piotet, CEO of Unit.City. London has one of the world’s most favourable ecosystems to build a globally successful startup according to latest data from Startup Genome’s The Global Startup Ecosystem Report 2020. November 2020. The report, however, said most of the startups … Creating an Innovation Ecosystem in Japan. The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year. The Big 4 club of countries (US, UK, Israel, and Canada) has held its ground since 2017, showing that there is a real gap between these 4 countries and those below that will be hard to narrow. The report said that the investor sentiment is recovering, with the second-half of 2020 seeing a 2x increase in funding over H1 2020. From over 100 commercial enterprises that applied for the 9-month program, a total of 30 were picked to become involved in the trade mission to Thailand. November 2020. This is why SPACs are often referred to as “blank cheque companies”: they give the founders a free rein to back their choice of private company. While global demand for oil remains low, one factor credited with reversing the trend is the decision to make significant cuts to oil production, which subsequently tightened global supplies. For the sixth consecutive year, Disrupt Africa is releasing data on the tech investment ecosystem across Africa, contained in the African Tech Startups Funding Report 2020.. India has the 3 rd largest startup ecosystem in the world; expected to witness YoY growth of a consistent annual growth of 12-15%. ASEAN FinTech Ecosystem Benchmarking Study. This report gives a comprehensive overview of the current startup ecosystem in Bangkok and in Thailand as of October 2015. Vietnam leapfrogged from the second least active tech startup ecosystem to the third-largest within ASEAN between 2017 and 2019. While the first phase was about generating awareness about startups and entrepreneurship, 2020 will mark the second phase of the startup ecosystem building in Thailand. By clicking “Accept”, you consent to the use of ALL the cookies. Vietnam is fast becoming a tech startup hub in the ASEAN region. Eli David, CEO & Joshua Mitcham, Marketing and Content Manager, StartupBlink. , a global startup and innovation research centre, has launched the. Enter your email address to subscribe and receive notifications of new posts by email. Tech Sauce. 2020 has seen the top 5 cities follow a similar trend to the Big 4 countries, with the top 5 in this year remaining the same as in 2019 – San Francisco (1st), New York (2nd), London (3rd), Boston (4th) and LA (5th). November 2020. November 2020. © 2021 Crunchbase Inc. All Rights Reserved. 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Startup Blink’s partnership with Crunchbase has allowed it to feature and rank hundreds of ecosystems – highlighting data on thousands of startups in order to understand the quality and frequency of innovation, as well as trends, of ecosystems around the world. Thailand leads mobile banking penetration. Boston, on the other hand, is historically known for having great health-related startups. The Nigerian tech startup space is expected to continue to outperform other African nations in 2021, a report by AfricArena has said. This report is part of the publications Techsauce releases every 6 months. Powered by vloss.net. South-east Asia is seeing a wave of interest in special purpose acquisition companies, or SPACs, with various major tech players considering them as a means to fast-track public listings. Boston, on the other hand, is historically known for having great health-related startups. Vietnam’s startup ecosystem. Before starting her own business, she had direct experience in product and marketing for more than 12 years with Tech-related companies such as DTAC, TA Orange, Atos Origin. Will South-east Asia’s tech giants turn to SPACs to boost post-pandemic growth? Thailand has a few … Impacts of global economy and COVID-19 on Thailand, Sluggish vaccine campaign threatens Thailand's economic recovery, Singapore's PayNow and Thailand's PromptPay Launch Cross-border Payment System, How Covid-19 Will Change the Thailand Tourism Sector, Thailand eases travel restrictions for 56 countries, Buy a Press Release on Thailand Business News. At the same time, they function rather like venture capital, helping investors to buy into high-growth start-ups on the ground floor. As the implications of the Covid-19 pandemic became clear, StartupBlink decided to create the. The outcome of our survey is based on the information provided by our analysis of Financial Services, the FinTech environment and M&A, in order to find out and explore the future trends of FinTech in Italy. Merging with a SPAC enables a company to go public and raise capital more quickly and painlessly than with a traditional IPO, circumventing some of the volatility that Covid-19 unleashed on global markets. October 2020. As for the cities, San Francisco (1st) is followed by two other US cities on the podium: New York and Boston. This report is from the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School in collaboration with the Asian Development Bank Institute (ADBI) and FinTechSpace. This tendency shows, as it closely follows New York to take third in the rankings. 53 Headlines from the ecosystem sndu o r ng i nc a n i F 59 All the companies ... startupticker.ch Head of Research & Statistics, SECA CHF5,000,000 TO GIVE 149 KICKS TO STARTUPS IN 2020 AND BRING SWISS DEEP TECH TO GLOBAL MARKETS THE PRIVATE INITIATIVE VENTURE KICK IS FINANCED BY: GET YOUR KICK: VENTUREKICK.CH The 2010 Venture Kick winner Climworks AG raised 30.5 million … As the implications of the Covid-19 pandemic became clear, StartupBlink decided to create the Coronavirus Innovations Map with the intention of helping innovators around the world to cooperate and build solutions faster. But opting out of some of these cookies may affect your browsing experience. – After falling significantly in 2020, oil prices have returned to pre-pandemic levels, – SPACs have become a hot-button topic in global finance. Bangalore stood out for high access to funding and Delhi ranked well for the volume and complexity of patent creation in the analysis, which found London and New York tied for second spot. The response and adaptation of New York to the effects of the Coronavirus crisis have been outstanding considering that it has been one of the worst-hit areas in the world. From a nascent ecosystem with a handful of tech-focussed ventures to 29K startups in 2014, the number has grown exponentially and will touch 55K startups by the end of 2020. Dominique was born and raised in France and has spent many years in Silicon Valley — but ended up helping to build an enormous startup ecosystem project in Kyiv, Ukraine. (Health Tech Startup Ecosystem in Thailand, last update 16 November 2020) Thailand Health Tech Startup Ecosystem, November 2020 56 Thailand HealthTech Startups join this network. FinTech waves – Italian FinTech Ecosystem 2020 4 Setting the trends and giving our point of view. Jul 28, 2018 - Full report of Thai tech startup ecosystem from 2012 - Q2 2018 by techsauce The rise of Beijing has pushed down both Tel Aviv (7th) and Berlin (8th), while Moscow, the center of the Russian startup ecosystem has grown by 1 place to 9th globally. As for the cities, San Francisco (1st) is followed by two other US cities on the podium: New York and Boston. Interview of AI Startup From Estonia: Merits of Collaborating With Japanese Companies. Of the $10 billion invested by venture capital and private equity in 2020, $7.6 billion was directed towards deals in these three sectors, according to Bain & Company’s India Venture Capital Report 2021. This website uses cookies to improve your experience while you navigate through the website. The year 2020 was a record-breaking one for African tech startups, with 397 companies securing US$701.5 million worth of investment. data on thousands of startups in order to understand the quality and frequency of innovation, as well as trends, of ecosystems around the world. The reference citation for the report is as follows: CCAF, ADBI, FinTechSpace (2019). These cookies do not store any personal information. Share 9 Tweet Share Reddit Email. A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa. In the wake of the Saudi-Russia price war in early 2020, Brent crude prices fell from around $60 a barrel in February that year to two-decade lows of $20 a barrel in late April, as supply increased and demand plummeted. This would not have been possible without the help of the founding partners of the project, The Health Innovation Exchange by UNAIDS and Moscow Agency of Innovations – both knowing how big of a challenge COVID–19 posed from an early stage and the value in our project. The rankings show that some of those badly hit by the pandemic; such as New York, Milan, Brussels, and Barcelona have been over-performing in the charts. While they are far from a novel phenomenon, SPACs have become a hot button topic in recent times: SPAC initial offerings quadrupled last year, with the vehicles raising a record $80bn. After finishing off 2018, Techsauce has summarized the leading trends in Thailand’s ecosystem in the Thailand Tech Startup Ecosystem 2018. Of the top 10 countries ranking, the success of Belgium, Switzerland, Estonia, Italy, and Ireland has been particularly impressive, where local entrepreneurs have mobilized in the face of the pandemic.The United States leads global coronavirus innovation efforts, while Israel and Canada, ranked 2nd and 3rd, both beat their own positions in the global startup ecosystem rankings. When compared with 2019, this year has seen no new countries enter the top ten, and yet, Germany has made a significant jump of 4 places to 5th, while Spain has moved 1 spot to 9th. AEA 2020: Food Tech Startup From Thailand Wins First Prize. Celebrating the success of the startup ecosystem in the last decade, we are happy to announce the launch of 'The State Of Indian Startup Ecosystem Report 2020'. Brent crude prices rose above $60 a barrel in early February, the first time they had exceeded pre-Covid-19 values. [Bangkok, Thailand, September 21, 2020] Thailand Ministry of Digital Economy and Society (MDES), Digital Economy Promotion Agency (depa) and Huawei open Thailand 5G Ecosystem … It is one thing for entrepreneurs, whether urban or rural, to create and operate an online store, as some digital platforms have made it relatively easy to manage an e-store – even by using just a smartphone. Report: Canada ranked fourth startup ecosystem globally as Toronto, Vancouver drop for second year Despite being ranked in the top four, Canada has fallen one spot in StartupBlink’s 2020 global startup ecosystem rankings , as major tech hubs Toronto and Vancouver have also seen their ecosystem rankings drop. Venture-backed startups represent only a fraction of what constitutes a vibrant startup ecosystem. The report provides insights into how Singapore has become the magnet for maritime startups and a vibrant maritime innovation ecosystem, highlighting more than 151 startup acquisitions and seven Initial Public Offerings (IPO) across the ASEAN region, with that number expected to balloon to over 1,000 between 2020 and 2025. True Digital Park – Thailand-based startup and tech entrepreneur hub for digital innovation. StartupBlink, a global startup and innovation research centre, has launched the Startup Ecosystem Rankings Report 2020. Crucially, people who buy into a SPAC do not know what its eventual acquisition target or targets will be. In the West, villages are emptying out due to the lack of economic opportunities. Thai e-Commerce Shoots up to 3.2 trillion baht in 2018 . India has about 50,000 startups in India in 2018; around 8,900 – 9,300 of these are technology led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day. As 2020 comes to a long-awaited end, a series of filings indicate that venture capitalists are ending the year with fresh money. A 2017 report by Oxford Economics projects Ho Chi Minh City to be the second-fastest-growing city in Asia through 2021 partly due to its manufacturing and services sectors. Our country and city rankings have a total score, which is the sum of 3 columns measuring the following: Based on the total score, we have put the ranking results into the tables covering the crucial information on each country and city that was ranked. November 2020. SPACs are shell companies set up by investors and then listed on a given stock exchange. AEA 2020: Food Tech Startup From Thailand Wins First Prize. How the Rural-Urban Divide Plays Out on Digital Platforms. She is selected as one of Thailand’s young female entrepreneurs organized by top10asia.org and also recognized as one of the pioneers in building the Thai startup ecosystem. Scope of FinTech report. November 2020. In 2020, the ecosystem is now home to more than: 400 startups, 50 angel investors, 40 venture capitalists, 35 incubators and accelerators, and… The response and adaptation of New York to the effects of the Coronavirus crisis have been outstanding considering that it has been one of the worst-hit areas in the world. Despite the pandemic, investment flows into Vietnam’s startups were still impressive, retaining its fourth position with $166 million in the first half of 2020, after Indonesia ($2.8 billion), Singapore ($447 million), and Thailand ($176 million). Watch the 2021 GeekWire Awards. Startup Investments in China and Asia, Dec 2019-Jan 2020. StartupBlink, a global startup and innovation research centre, has launched the Startup Ecosystem Rankings Report 2020. You also have the option to opt-out of these cookies. Will Thailand’s plan for quarantine-free tourism set a global trend? This year’s report also features a section ranking the different cities and countries responding to COVID-19 through innovation. Startup Blink draws its data from what it claims is an algorithm that analyses tens of thousands of data points on registered startups, accelerators and coworking spaces listed on the StartupBlink global startup ecosystem map, as well as data received from its global partners such as Crunchbase, … The Bank of Thailand, the Ministry of Finance, and related parties proposed two new measures to support business recovery and... Thailand close to completing the world’s biggest floating hydro-solar farm, Asian cities most threatened by environmental risk, How the “four M’s” underpin a bright Asian future, Copyright © 2017 Siam News Network. Though the gap is very large between these cities and 6th position, we do believe that if current trends hold there is a good chance Beijing and Shanghai will challenge for a position in the top 5 in 2021. This year’s report also features a section ranking the different, cities and countries responding to COVID-19, The algorithm used to generate the rankings analyzes tens of thousands of data points powered by our global partners such as Crunchbase, alongside data gathered from more than tens of thousands of registered members on the, Startup Blink’s partnership with Crunchbase has allowed it to, feature and rank hundreds of ecosystems – highlighting. Creating an Innovation Ecosystem in Japan. The 2020 version ranks 1,000 cities and 100 countries worldwide, tracking both momentum and trends within the startup ecosystem from 2017 onwards. Snapask 2020 fund raising aims to strengthen its education service ecosystem through online and offline service integration and new market expansion along with AI upgrading. The High Tech Health: Exploring the E-health Startup Ecosystem Report 2020 presents data on e-health startups across 20 countries in Africa, gathered by Disrupt Africa between January 2015 and June 2020. Don't Miss. For the full report and more information, visit. However this latest report not only summarizes the latest trends in 2018, but for the first time, includes analysis and thoughts from the Techsauce team. by John Cook on November 13, 2020 at 8:15 am November 13, 2020 at 10:04 am. In parallel to this, several exchanges in the region are moving to allow SPAC listings, with a view to boosting post-coronavirus growth. TS Startup Report Master – Edit for web publish 1Feb19. Following the closure of many national borders and the implementation of travel-related restrictions to stop the spread of the virus, demand for oil slumped globally. Not surprisingly, the latest Global Startup Ecosystem Report 2020 by Startup Genome takes a close look at the Covid-19 triggered crisis that is impacting startups. The Tech Academy initiative was kick-started in 2020, the UK’s International Trade Secretary, as part of a British government strategy to support UK businesses emerging from the COVID-19 pandemic lockdowns. The ecosystem of startups in the Philippines has been slowly and steadily growing in the last few years, nurturing a number of standout startups, like Coins.ph and Investagrams, to name a few. This includes contributors who are veterans in various industries. Read the complete story here . The algorithm used to generate the rankings analyzes tens of thousands of data points powered by our global partners such as Crunchbase, alongside data gathered from more than tens of thousands of registered members on the StartupBlink Global Map. This is to give readers insight on what is happening and what is behind the various trends. For the full report and more information, visit: report.startupblink.com, Joshua Mitcham, Marketing and Content Manager StartupBlink. When compared with 2019, this year has seen no new countries enter the top ten, and yet, Germany has made a significant jump of 4 places to 5th, while Spain has moved 1 spot to 9th. Startup Genome. . A SPAC does nothing beyond its essential function – it neither produces nor sells anything, and a SPAC’s only assets are the funds raised from its own IPO. THE ASEAN FINTECH ECOSYSTEM BENCHMARKING STUDY. The 2020 version ranks 1,000 cities and 100 countries worldwide, tracking both momentum and trends within the startup ecosystem from 2017 onwards. It is mandatory to procure user consent prior to running these cookies on your website. Chart: New report ranks top states for tech. Their sole function is to acquire a private company, enabling it to go public without having to go through a traditional initial public offering (IPO). Consumer technology, software as a service and fintech were the red hot sectors in India’s startup ecosystem cornering almost three-fourths of venture capital funding. Thailand Tech Startup Ecosystem Report 2018. This category only includes cookies that ensures basic functionalities and security features of the website. The value of WTI crude – the main benchmark for oil in the US – fell to record lows of around $40 a barrel last year on the back of a lack of storage space. It was a year where there were interesting moves made by Kasikorn Bank with its joint venture with Line and its investment in startups such as Grab and Instalem through…. Necessary cookies are absolutely essential for the website to function properly. Beijing (6th) has made a substantial leap by 11 places, while Shanghai (10th) has made a huge jump of 21 places from outside the top 30 in 2019. Its Startup Ecosystem Rankings 2020 report ranks 100 countries and 1000 cities for 2020. Techsauce is the partnership of two titans in the Thai technology startup industry between Thumbsup, the leading technology media in Thailand and HUBBA, the biggest coworking space network in Thailand. TAT New York Office to host virtual Thai New Year celebration broadcast live from Chiang Mai, Thai tourism officials welcome Miss Grand International 2020 contestants, COVID-19 situation in Thailand as of 20 March 2021, COVID-19 situation in Thailand as of 17 March 2021, The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year. The country will shift from awareness and building infrastructures – both tangible and intangible to making the Thailand ecosystem more friendly for not only fresh faces from the university campuses but also from all over … This is counterintuitive, since these cities faced a major crisis, but still managed to excel and innovate. Related Topics: Up Next. According to SEC paperwork, Learn Capital and USV have filed paperwork Interview of AI Startup From Estonia: Merits of Collaborating With Japanese Companies. These cookies will be stored in your browser only with your consent. Consider Italy where, in a bid to attract newcomers, a handful of municipalities have turned to selling houses for €1. October 2020. The US and China have the most number of high value startups of 2020 ; Of the 20 leading unicorns of 2020, 55% are from the US, 35% are from China, and 10% from India ; Indonesia, Thailand, Panama, Qatar, Madagascar, and Angola have equal entrepreneurial rates between women and men ; Startups in Europe have over 2300 startup investments valued at over €16.9 billion for the first half of …

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