2016-in-review

Total funding hit US$2.6 billion, up over 60 percent from the year prior.

2016 was a lean year, but a unicorn arose all the same.

Chatbots may one day be a viable alternative to human intervention. But so far the technology has had more novelty value than real use.

Check out the headlines that shaped India’s startup and tech world this year.

Funding fell off a cliff in the latter half of the year, taking China back to 2014 levels of tech investments.

A new unicorn was born. A total of 924 companies were funded in 2016, raising US$3.89 billion in all.

Tencent, maker of WeChat, had a storming 2016 that saw it invest more than ever before in startups around the world.

China’s Alibaba invested billions, and bought or upped its stakes in tech companies all over the world.

For what it’s worth, 2016 will be remembered as the year Indonesia birthed its first official startup unicorn.

They have hot money in their pockets, so these are prime VCs to chase after if you’re raising funds in 2017.