STEP 2020: Floating pitches, 400 startups and a new VC

STEP 2020: Floating pitches, 400 startups and a new VC

One venture capital (VC) firm looking to offer this kind of smart money is Nuwa Capital, which announced its launch at STEP.. "The ambition of the team at Nuwa Capital is to rewrite the book on how we think about venture capital in emerging markets by supporting companies through an extensive network of accomplished founders and subject matter experts that will drive the scalability of these businesses," said Khaled Talhouni, managing partner at Nuwa Capital.. A panel discussion looked at the transformation of corporate innovation from bureaucratic to lean, stating that despite the number of corporate investments in startups in US, Asia and Europe has nearly tripled from 980 in 2013 to nearly 3000 in 2018 and the value has risen from 19 billion dollars to 180 billion dollars, around three quarters of corporate innovation initiatives failed to deliver required results. ". Investors and startups from China continue to amp up their presence in the Middle East.. The country is prioritising innovation as a core national strategy and continues to open up its markets to attract investment and talent.. A workshop was also held for those interested in entering the Chinese market, looking at the digital ecosystem in the country