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PREMIUMStart-up funding to slow in second half: Venture capitals

first_imgLinkedin Funding for Indonesian start-ups will likely decrease in the third and fourth quarters of the year as investors look to profitable companies that are able to adapt to the pandemic, venture capitalists have projected.The projection is based on data that shows funding in this year’s first six months has mostly gone to seed-stage companies.“We expect to continue seeing funding for companies in the third and fourth quarters – most of these companies will likely fall into the ‘for growth’ category with a clear path to profitability,” said Monk’s Hill Ventures cofounder and managing partner Peng T. Ong in an email interview on July 29.Going forward, he went on to say, greater investment would go to companies that had benefited from the crisis, such as collaboration tool and e-commerce platforms, as well as companies that supported these com… LOG INDon’t have an account? Register here Forgot Password ? Facebook Log in with your social account start-up funding COVID-19 venture-capital Google Topics :last_img

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