According to GlobalData’s deals database, financing deals worth some US$492.3 million were announced in Asia Pacific in August this year. This was a drop of nearly 40% over the previous month and close to a 45% ((44.6% drop)) when compared on a yearly basis.
But yet some VC investors seem to be actively funding projects and startups in the meantime. So how do they view the industry, and what are they eyeing for in the longer term?
On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Elvin Zhang, Director, Venture Funds and Direct Investments of Financial Services and Energy at Sinarmas for more. They also looked into opportunities within the energy sector amid the current investing climate.