Foreign venture capital (VC) funds that invest in Southeast Asia ramped up their allocations in January-June (H1) 2024, even as the fundraising performance of their regional counterparts dipped in the six-month period.
Six foreign funds with allocations to Southeast Asia secured their final closes in H1 2024, cumulatively raising $1.98 billion, according to the report SE Asia’s VC Funds: H1 2024 Review by DealStreetAsia DATA VANTAGE.