Blockchain, medtech, B2B and fintech are the four areas that Asian venture capital firms have identified as the next growth frontiers in the region.
Speaking at our Asia PE-VC Summit 2019 in Singapore, investors from SGInnovate, Proof of Capital, Esco Group, BRI Ventures, and Tin Men Ventures discussed the opportunities and challenges of investing in some of these new-age sectors.
Speaking at the panel session on ‘Investing into future unicorns and tapping growth drivers of tomorrow,’ the participants attempted to move beyond today’s unicorn-spawning sectors, particularly consumer internet plays, to look at some sectors that might already be on the threshold of becoming the ‘next big thing.’
Moderated by SGInnovate’s head of venture investing Hsien-Hui Tong, the panel participants were Edith Yeung, Partner, Proof of Capital; Nir Arbel, Operating Partner at Esco Group; Managing Partner, Esco Ventures; Nicko Widjaja, CEO, BRI Ventures; and Jeremy Tan, Co-founder & GP, Tin Men Capital.
We have put together the top highlights from the session. Edited excerpts: