SE Asia startup funding drops 32% to $9.5b in 2019 on the back of fewer mega rounds

SE Asia startup funding drops 32% to $9.5b in 2019 on the back of fewer mega rounds

DealStreetAsia founder and editor-in-chief Joji Thomas Philip shares 2019 deal data and 2020 projections at the Indonesia PE-VC Summit 2020. Photo: DealStreetAsia

Private equity (PE), venture capital (VC) and corporate investments in Southeast Asia’s privately-held startups reached nearly $9.5 billion in 2019, according to data compiled by DealStreetAsia. Last year’s tally marked an over 32 per cent drop from the previous year’s funding total of $14 billion.

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