East Asia Geeks On A Plane >> Taiwan Ecosystem Overview

@startup_stadium � www.startupstadium.tw �

WELCOME 歡迎來到台灣

v.s.

Lake !Michigan

Taiwan!(Formosa)

58,000 km2!22,400 sqm

36,193 km2!13,855 sqm

Culturally, a Fusion of Asia�


23.4 millions total population !•  19.7M Internet users, penetration 84%, 3rd in Asia"•  18M+ 4G users estimated by end 2016 "•  >75% accessing web via multiple screens """

Social, Entertainment, Commerce !•  LINE penetration 74% - Thailand 51%, Japan 42% "•  Facebook penetration 70% - stickiness 5x of global average "•  E-commerce 11% of overall retail (~US$31B) "

Highly Internet Addicted �


Willing to Pay = Very High Mobile ARPU �


Source: App Annie 2015 Retrospective

TOP COUNTRIES – 2015 Worldwide iOS and Android

POSITIONING & BRAND DNA �A Global Taste �

Monthly Reach 68%

Monthly Reach 87% Monthly Reach 96%

Monthly Reach 71%

Source: comScore Jan 2016 reach % by MAU

…except for local EC, news destinations �


So, what’s in there

for Taiwan startups?

Lake !Michigan

Taiwan!(Formosa)

US$1M+ Investments 2015-2016/Q1 �Y2015 Month

1 Jan

2 Jan3 Jan4 Mar5 Mar

6 Mar

7 Apr8 Apr

9 May

10 Jun11 Jun12 Jun

13 Sep

14 Sep15 Oct

16 Nov

17 Nov18 Nov19 Nov20 Dec

Y2016 Month21 Feb22 Mar23 Mar

Product Name Round Amount US$ Mil InvestorsMicrowave IDTechnology & Swipy N/A Around 3 millions SinoPac Holdings, InveStar Capital

LIVEhouse Pre A Around $1.2 millions GamaniaEZTable B Round $5 millions MediaTek, UMC & I-MeiMoBagel Seed $1 millions 500 Startups, CyberAgent, FundersClub, SingTel Innov8Viscovery A Round $5 millions N/A

91APP A Round $9 millions Appworks, CID, NineYi Capital, Pchome Hongzhi Jan, ShennaoPresident Bao-yong Lin

HyXen Technology Pre A $1.3 millions FoxconnPaGamO A Round $6 millions Foxconn

The News Lens A Round $1-2 millionsNorth Base Media, 500 Startups, Lionrock Capitalfounder&CEO Hari Kumar, Venture Capitalist Herbert Changs& Angel investor Jim Wu

HWTrek A Round $4 millions WI Harper, Lenovo Legend Star, JD, Global BrainWAVENET A Round Around $3 millions CDIBPal+ (ex Cubie) A Round $1.3 millions Asiasoft Corporation、Expert Idea Limited, FunP Co. Ltd.

Installments Seed $1.7 millionsMulti-Dimentional Angel Partners, WSGR, Silverlink-Arana,Shui-Mu Foundation of Chemistry, Darwin Venture

Deepblu Seed $1.5 millions SilverLink-Aranya Founders FundPinkoi A Round $9 millions Sequoia Capital India, GMO Ventures

Appier B Round $23 millions Sequoia Capital, TransLink, UOB Venture Management,JAFCO Asia

17 A Round $10 millions Infinity Venture Partners, Prometheus CapitalGogoro B Round $130 millions Panasonic, NDF, Samuel YinTutorABC C Round $200 millions GIC, RCIF, GoldmanSachsVMFive A Round $6 millions CDIB, Trend Micro, Gmobi, Cherubic Ventures

Product Name Round Amount US$ Mil InvestorsiCHEF A Round $5.6 millions Appworks, CID, ChinaTrust InvestmentKKDay A Round $4.5 millions Appworks, NineYi CapitalUmbo CV Seed $2.8 millions Appworks, Winstron, MESH

Total US$434M"•  US$76M seed to A "•  US$158M series B,

3 companies"•  US$200M series C,

TutorABC"

Services �$5.6M

$5M

Service �Commerce �$4.5M

$9M

$9M

Service �Data & Ad Tech�$23M

$5M

$5M

Service �IoT�$2.8M

$1.5M

Service �A Live-stream App�

$10M

Service �A Senior Unicorn �

$200M

Service �Bigger Endeavors �

Service �500 Startups Portfolios in Taiwan�


Source: iiiNNO Taiwan Startup Ecosystem Mapping Project

Go Global

Busy Startup Scene Since 5+ Years Ago �


Government Involvement �

… could be better organized �

Service �Strengths!"World class, full stack engineers"Excellent hardware infrastructure"Savvy consumers "Low cost of living"

Weaknesses !"Traditional focus on hardware "Govn’t mandates everywhere"Outdated regulations "R&D/lab driven tech education "Startups lack a global mindset"

Opportunities!"More capital, regional & int’l $$"Service, entertainment, EC "Data technology, VR/AR?"Country as IoT destination "Re-focus on bio-med, materials"U.S., Greater Asia, China

Threats!!Talents leaving (to China) "Big global/regional players ""

•  Asia expansion? !•  R&D hub? !• Mentoring? !•  Investing? !

"Write [email protected]"

East Asia Geeks On A Plane >> Taiwan Ecosystem Overview

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