Investments in Southeast Asia’s startups declined for the third straight quarter this year as the impact of COVID-19 on dealmaking and investor sentiment became more apparent.
According to the latest report by DealStreetAsia – Research & Analytics, startups based in the region raised at least $1.8 billion in funding in the third quarter, a drop of 34 per cent quarter-on-quarter and close to 40 per cent year-on-year.
Read the report to find out country-wise scorecard in Q3, median deal value trends over the last few quarters, top sectors favoured by investors, and outlook for the months ahead from top venture capitalists.
