A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.
drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups that are targeting underserved markets or applying new technologies, from generative AI to blood-based cancer diagnostics. These include eco-friendly innovations, such as the development of insect-based alternative proteins and digitization of milk production to improve yields.
The emerging innovation hubs of Indonesia and the Philippines contributed 11 and 9 companies respectively.Yue WangMETHODOLOGY: To select our 100 to Watch, Forbes Asia solicited online submissions, and invited accelerators, incubators, SME advocacy organizations, universities, venture capitalists and others to nominate companies as well. The final 100 were selected from over 550 submissions.
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