1/ A 🧵on Singapore… @join_ef’s first 🇸🇬 cohort graduated 3.5 years ago. In that time we've become most active investor in SE Asia, according to @techinasia. So it's a good time to reflect on what’s been, COVID aside, a banner year for EF in the region… https://www.techinasia.com/top-venture-capital-southeast-asia
2/ Despite the pandemic, our team in SG has been breaking records. Applications to EF are up >55% y-o-y. The SG portfolio has raised more capital in 2020 than in the previous 3 years put together. There have been some particular highlights…
8/ It’s amazing to see such strong results so quickly. Singapore was our first international expansion and lots of people were skeptical. But @alicebentinck and I were blown away by the talent we saw at @NUSingapore @NTUsg @sutdsg @sgSMU and beyond…
9/ … and of course we had great supporters and true believers from the beginning - people like @shaoning1928, Lim Dershing, Paul Santos @Wavemaker_VC, Teik Guan Tan, @MichaelBlakey3, @steveleonardSG and @SGInnovate, and two great entrepreneurs @raccrompton and @AnneMarieDroste
10/ It really feels like we’re just getting started in the region, thanks to an incredible team led by Bernadette Cho, we’re now systematically helping great founders build global businesses out of Singapore
11/ One upside from COVID is that it’s normalised investing in startups remotely & taking advantage of the fact that extraordinary talent is global. If you’re a seed/Series A investor anywhere in the world who wants to access these globally ambitious startups in SG, DMs are open
You can follow @matthewclifford.
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