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A peak into Cambodia's startup ecosystem

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A peak into Cambodia's startup ecosystem

While still embryonic, the country's startup enthusiasts are expressing a real desire to learn and grow.

Timothy Motte
Mar 9, 2023
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A peak into Cambodia's startup ecosystem

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The Realistic Optimist provides weekly, in-depth analyses of the most relevant stories in our now-globalized startup world. Subscribe below to receive it directly to your inbox and don’t hesitate to share it with your colleagues :)


Aerial view of Phnom Penh, Cambodia’s capital

Get your macros

Nestled between Vietnam, Laos, and Thailand, Cambodia has been quite discreet so far in the seemingly insatiable Southeast Asian startup race. The small country of 17 million people has been carving its own path, at its own rhythm, and displays a resolute desire to gain a seat at the “startup nation” table.

The country boasts promising demographic macros, with their similarity to now buzzing startup hubs such as the Philippines and Indonesia warranting Cambodia a strong potential for startup activity. Growing internet connectivity, a very young population (a heritage of its tragic history), and a routine Southeast Asian yearly GDP growth of around 7% give the country the right cards in hand.

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