Taiwan has a thriving startup ecosystem, with a growing number of startups and a supportive fundraising environment. The country has a strong technology sector and a large pool of talent, making it an attractive location for startups and investors alike.
Figures and Industries
- Taiwan is home to over 10,000 startups and has a thriving technology sector, which includes industries such as semiconductors, IoT, and AI.
- In 2020, the total amount of venture capital invested in Taiwanese startups reached $3.8 billion, a 12% increase from the previous year.
Growing Industries
- One of the fastest growing industries in Taiwan is the IoT sector, with startups such as Advantech and Moxa leading the way.
- Another growing industry is the AI sector, with startups such as Appier and Viant providing AI solutions for businesses.
- The semiconductor industry is also strong in Taiwan, with companies such as TSMC (Taiwan Semiconductor Manufacturing Company) playing a major role in the global semiconductor market.
Active Business Angels and VCs
- Some of the most active business angels and VCs in Taiwan include:
- C Ventures
- Acorn Pacific
- AppWorks
- Freetech Venture Capital
- Mandarin Venture Capital
Impact of Political Conflict with China
The political conflict between Taiwan and China does have some impact on startups based in Taiwan, as it can make it difficult for these companies to access the Chinese market. However, the Taiwanese government has been working to support startups and encourage innovation, which has helped to offset some of these challenges.
Main Startups in the Space
- Advantech
- Moxa
- Appier
- Viant
- TSMC (Taiwan Semiconductor Manufacturing Company)