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HomeAsiaFunding for Southeast Asian startups fell below $1bn in Q3

Funding for Southeast Asian startups fell below $1bn in Q3

JAKARTA — The third quarter of this year saw Southeast Asia’s startups ink the fewest private funding deals in six years, finds the latest report from DealStreetAsia.

Regional startups recorded 134 equity deals in Q3 to raise a total of $979 million in the July-September quarter, reveals “SE Asia Deal Review: Q3 2024.” This is the first time since 2019 that quarterly proceeds have fallen below the $1-billion mark.



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