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ASEAN startups attracting more venture capital

Capital investment in the region increased 60% in 2016

CyberAgent Ventures' Takahiro Suzuki explains recent M&As of ASEAN Startups at a forum in Tokyo on April 7.

TOKYO -- Venture capital is soaring in Southeast Asia, and that bodes well for the region's startups.

That was the message at the ASEAN-Japan Open Innovation Forum on Friday as speakers, ranging from the founders of startups to venture capitalists and media experts, discussed the trend.

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