Singapore venture funding slows in 2022 but investors remain optimistic

Singapore venture funding slows in 2022 but investors remain optimistic

Photo by Kit Suman on Unsplash

Venture capital funding in Singapore slightly weakened in 2022 following a bumper 2021 as investors took a cautious stance amidst a challenging macro environment, a report from DealStreetAsia and Enterprise Singapore showed.

Industry leaders, however, are optimistic that 2023 will see a growing number of new deals and an initial recovery in investor sentiments but warned that challenges will continue to persist.

Edited by: Padma Priya

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