📝 Asia seen as big VC potential market

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Asia's startup ecosystem has faced challenges due to geopolitics and higher interest rates, leading to reduced investor spending despite stable fundraising rounds. However, some investors remain optimistic about Asia's potential, including venture firm Antler, which launched a $285 million fund to invest globally. Antler's founder, Magnus Grimeland, highlights rapid tech innovation and significant growth opportunities in regions like Southeast Asia, Indonesia, Vietnam, Malaysia, Japan, Korea, and India. He notes Asia's progress in digital infrastructure and potential for producing leading global tech companies. Grimeland believes AI offers a massive opportunity for startups, emphasizing the importance of strategic investment in infrastructure, applications, and enabling technologies. Despite a slower recovery from the funding winter, he sees increasing deal activity and sustained investment in promising founders and technologies.

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