Scale Asia Ventures Highlights Transformative Potential of Generative AI at 2023 Asia PE-VC Summit
- Written by Newsfile
Scale Asia Ventures (SAV) showcased its forward-thinking vision at the 2023 Asia PE-VC Summit, emphasizing the transformative potential of Generative AI in enterprise software. SAV's investments in innovative AI startups signify its commitment to bridging innovation between the U.S. and APAC markets.
Palo Alto, California--(Newsfile Corp. - October 17, 2023) - On September 6th, Scale Asia Venture's founding partner of (SAV), Wally Wang[1], participated in the 2023 Asia PE-VC Summit. Wang's presence at the summit underscored SAV's commitment to cutting-edge developments in the technology sector.
Wally Wang, Partner @ Scale Asia Ventures at the 2023 Asia PE-VC Summit
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Wang's insights, based on SAV's strategic investments and collaborations, highlighted the transformative potential of Generative AI within the enterprise software landscape. Key insights stemming from SAV's recent participation have brought to light transformative shifts within the industry:
Following SAV's active involvement in recent discussions, pivotal insights have emerged, reshaping the landscape of the enterprise software industry. One notable trend is the rise of Gen AI-First Startups, as innovative new ventures adopt groundbreaking approaches to address challenges typically disregarded by traditional SaaS companies.
Additionally, SAV's keen interest in the realms of tooling and infrastructure is evident through strategic investments in projects such as Weaviate and Fiddler AI. These initiatives are aimed at enhancing the toolchain for advanced AI application development, marking a significant step forward in the industry's technological landscape.
SAV's portfolio companies, such as Weaviate, Fiddler AI, Subtle Medical, CAST AI, TileDB, and Kolena AI, exemplify the practical realization of these insights.
SAV, as a Silicon Valley-based venture capital firm, plays a pivotal role in bridging innovative U.S. software and AI pioneers to uncharted territories in the APAC market. SAV's partnerships with industry giants like DataRobot, VastData, CAST AI, and Weaviate, along with collaborations with local partners like Google Cloud, Bespin Global, GovTech Singapore, Mitsubishi, Line, Kakao, and others, reflect a strong commitment to fostering innovation and opportunity.
Commenting on the event, Wally Wang stated, "SAV's commitment to fostering innovation and bridging technology pioneers between the U.S. and APAC markets remains unwavering. Our focus extends beyond just AI assistance; we are on the path to an AI-driven future."
Wally Wang during the discussion at the 2023 Asia PE-VC Summit
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During the discussion, the partner of SAV emphasized their commitment to advancing AI technologies with a focus on an AI-assisted approach to support future innovation.
About SAV (Scale Asia Ventures)
SAV (Scale Asia Ventures)[4] is a Silicon Valley-based venture capital firm with a $30M early-stage fund dedicated to supporting enterprise-focused companies worldwide. Beyond early-stage funding, SAV is committed to strengthening its portfolios with an additional $100M in later-stage funding, drawing from its robust Limited Partner base.
The fund's backers include institutional funds, prominent family offices, and publicly-traded conglomerates in the United States, South Korea, Japan, and Singapore. SAV provides its portfolios with expertise in both U.S. and Asia markets and a unique global network of strategic corporate partners.
For more information about Scale Asia Ventures, please visit:
Contact: Jennifer Kim, Email: back-office@sav.vcWebsite: https://sav.vc[5][6]
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References
- ^ Wally Wang (api.newsfilecorp.com)
- ^ https://images.newsfilecorp.com/files/8704/184180_7b6f7ca4e4d35bc3_002full.jpg (images.newsfilecorp.com)
- ^ https://images.newsfilecorp.com/files/8704/184180_7b6f7ca4e4d35bc3_003full.jpg (images.newsfilecorp.com)
- ^ SAV (Scale Asia Ventures) (api.newsfilecorp.com)
- ^ back-office@sav.vc (www.newsfilecorp.com)
- ^ https://sav.vc (api.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/184180 (api.newsfilecorp.com)