SE Asia startup funding drops 32% to $9.5b in 2019 on the back of fewer mega rounds

Private equity (PE), venture capital (VC) and corporate investments in Southeast Asia’s privately-held startups reached nearly $9.5 billion in 2019, according to data compiled by DealStreetAsia. Last year’s tally marked an over 32 per cent drop from the previous year’s funding total of $14 billion.