Southeast Asia faces a $1.1 billion annual deficit in growth equity for technology development, according to Nick Nash, co-founder and managing partner at Asia Partners.
Moreover, between 2019 and 2020, there was a 22% decline in investments with a cheque size of $20-100 million. While investments in this bracket, which normally go to late-stage deals, improved marginally in 2021, the gap in Series C to Series D stages remains significant, opined Nash at the Asia PE-VC Summit organised by DealStreetAsia in September.
