Some weeks back I shortly analyzed the Taiwanese venture scene as less developed. This might have been a bit overstated.

Zeevo - a provider of Bluetooth System-on-a-Chip just received another $ 20 million (summing up to $65.5 million since founding). Zeevo is based with several R&D facilities in Taiwan, thenew investor China Development Industrial Bank is one of the biggest VCs in the country.

Also according to this article, the situation might be surprisingly much better as thought.

"Scores of start-ups like Kou's are leaving Silicon Valley -- once the capital of the initial public offering -- to go public in Taiwan instead. As the Bay area's pipeline of IPOs has dried up since the boom, Taiwan has offered easier access to venture funding, investment help from the government and a lower financial bar for going public."

"Kou says he knows of more than 20 valley companies that have relocated and about 100 more that are considering it."

"For decades, Taiwanese have traveled to the Bay Area to attend college and launch careers in technology. Many returned to start or join upper management of tech companies. Indeed, it's often said that half of the chief executives at companies in the 23-year-old Hsinchu Science-based Industrial Park, dubbed the Silicon Valley of Asia, have Bay Area homes."