Fundraising by Southeast Asia’s privately held companies dipped to a seven-quarter low in the July-September period amid a worsening macroeconomic environment, finds the latest report by DealStreetAsia – DATA VANTAGE.
Startups in the region secured $3.72 billion in venture capital funding in the third quarter, down 22% from the previous quarter and 36.4% year on year. On the other hand, deal volume increased 11% quarter-on-quarter to 277 during the period, according to SE Asia Deal Review: Q3 2022.
