We want to work with global innovation leaders in disruptive technologies
BioSpectrum Asia|BioSpectrum Asia Jan 2022
A company's agile structure depends on creating a network of scientific advisors and venture partners to accelerate its innovations and potentials. To achieve this, venture capitalists assist healthcare and biopharmaceutical companies at all stages of development, be it company's early-stage designing, stimulating transformative technologies or nurturing business growth. Erning Cao, Investment Director at Evonik Venture Capital (Shanghai, China) shares insights on strategic venture capital investment towards innovative business models in APAC healthcare industry promoting sustainable and ethical practices in the region.
Hithaishi C Bhaskar
We want to work with global innovation leaders in disruptive technologies

How do you define growth-driven investment strategies fostering transformative startups and technologies in major APAC markets?

Asia is hitting a sweet spot for companies and investors alike. However, the opportunities for growth within the startup ecosystem also mean that there cannot be a one-size-fits-all investment strategy. Investors must be able to tailor their strategies across specific startups, technologies and even across countries. For example, in Southeast Asia, most ecosystems are still in the early development phase, but countries such as Singapore, Malaysia and Indonesia have already entered the next phase, given their size and rapid development. Singapore, in particular, has become a true leader in the region due to its supportive government policies and dedicated programmes contributing to the success of its startup ecosystem.

Asia holds major growth share within disruptive fields such as additive manufacturing, sustainable nutrition and health-tech solutions. Every investment is a new opportunity for collaboration and breakthroughs. Evonik Venture Capital has already executed a total of eight direct and fund investments in Asia since 2018.

How does Evonik evaluate market dynamics and operational growth in Asian Biomedical R&D and early-stage companies for investment allocations?

This story is from the BioSpectrum Asia Jan 2022 edition of BioSpectrum Asia.

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This story is from the BioSpectrum Asia Jan 2022 edition of BioSpectrum Asia.

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