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The Forbes Asia 100 to Watch list for 2024 highlights emerging small companies and startups across the Asia-Pacific region that have attracted significant investor interest. Collectively, these firms have secured over $2 billion in investments, with many raising funds despite a downturn in venture capital funding. The list showcases a diverse array of industries, including space technology, biotechnology, and robotics, emphasizing the innovative capabilities of these companies.
Among the featured companies, notable examples include Accacia, which provides AI-driven carbon tracking tools, and Advanced Navigation, specializing in AI-based robotics for space exploration. The presence of 20 Indian startups underscores the country's vibrant entrepreneurial ecosystem, while companies from 16 different countries demonstrate the global reach of innovation in the region.
• Over $2 billion raised by Asia-Pacific startups despite venture capital decline.
• Diverse industries represented, including space tech, biotech, and robotics.
Companies like Accacia and AI Medical Service leverage AI to improve their services and products.
Advanced Navigation and other companies on the list are developing robotics solutions for various applications.
Many startups in the list apply machine learning techniques to enhance their products and services.
The company has raised significant funding to support its innovative solutions in carbon emissions management.
The company has received grants and raised substantial funding to advance its space exploration initiatives.
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