SE Asia Deal Review: Startup fundraising slows 65% to $1.8b in Dec

SE Asia Deal Review: Startup fundraising slows 65% to $1.8b in Dec

Singapore. Photo: Guo Xin Goh

Startups in Southeast Asia amassed as much as $1.8 billion in December, registering a 65% drop from November’s record $5.2 billion, according to proprietary data compiled by DealStreetAsia.

Even as the number of mega deals (those that were worth $100 million or above) last month was similar to that of November, the drop in total value is on account of lower ticket sizes at which these transactions were clocked.

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