SE Asian startups record 56% decline in funding in the first half of 2023

SE Asian startups record 56% decline in funding in the first half of 2023

Bangkok, Thailand. Photo by Robson Hatsukami Morgan on Unsplash.

The funding winter in Southeast Asia showed no signs of a thaw in the second quarter of this year. Despite a slight uptick relative to the previous quarter, both deal value and volume dropped year on year during the April-June period, finds the latest report from DealStreetAsia – DATA VANTAGE.

Edited by: Deepshikha Monga

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