Southeast Asia’s fledgling startup ecosystem had its best year ever in 2021. Aided by excess liquidity globally, private investments in homegrown companies reached $25.75 billion last year as the region minted more unicorns than ever before.
Venture-backed companies in the region collected at least $23.18 billion in equity funding and another $2.57 billion in debt financing, according to DealStreetAsia – DATA VANTAGE‘s SE Asia Deal Review: Q4 2021 report.