The number of tech M&As in SE Asia fell for a second straight year in 2024.
Capital raised by deep tech startups fell 34% YoY in 2024, but their share of overall funding rose....
Sequentially, startup fundraising increased only marginally in Q1, even as deal volume was up 12.3%....
The deal value plunged 49% to $9.6 billion from the previous quarter....
Deal volume fell by 43% and deal value slumped 46% YoY....
Only four SE Asia-focused PE funds secured final closes in 2024....
Female-led startups made up just 5.2% of the deal volume in SE Asia in 2024....
Funds raised by female (co-)founded startups rose 30% YoY in 2024....
Fundraising by VC firms based in SE Asia hit a four-year low in 2024....
The deal volume also grew 16.8% from the previous quarter to 576....