IncubAsia Ventures tries to introduce the European tech business models into the burgeoning Asia. It works with European early stage tech companies and venture capital firms to capitalise on Asian markets. The first action by many here must be asking the question, “could the successful experience gained in Europe be compatible with Asia?”

Both European and Asian markets, IncubAsia believe, are fragmented in terms of culture, language, consumer behavior and purchasing power. Overall business/consumer sentiment is way stronger in Asia and as tech savvy as northern Europe, while southern Europe is lagging behind. IncubAsia see there are “still lots of virgin markets and less domestic competitors on the scene” in Asia while “it is increasingly difficult for early stage tech companies to get access to large multinational corporations in Europe and the United States”, a representative told TechNode.

The Singapore-based company offers services of venture acceleration, incubation and venture investment to its portfolio companies.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.