SE Asia Deal Review: VC funding in startups dips 48% to $652m in August

Photo by Larry Teo on Unsplash

Venture Capital investors pumped in a mere $652 million in Southeast Asia’s burgeoning startup ecosystem in August, a 48% drop from July’s $1.26 billion.

This is primarily because of the paucity of big-ticket VC transactions in the region — there were only two deals that saw capital infusion of $100 million or more last month.

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