SE Asia Deal Review: Startup funding up 36% sequentially in July as megadeals recover

Alexander Mils/ Unsplash.com

Startups in Southeast Asia raised at least $1.9 billion in funding in July, recording a 36% jump from June, when dealmaking in the region had fallen to $1.4 billion — the lowest so far in 2022.

Proprietary data compiled by DealStreetAsia showed that six megadeals — defined as transactions worth at least $100 million — raised a combined $1.4 billion in July, accounting for 74% of the total fundraising.

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