SE Asia Deal Review: Startup fundraising falls to five-month low of $1.42b in May

SE Asia Deal Review: Startup fundraising falls to five-month low of $1.42b in May

Markus Winkler/ Unsplash.com

Dealmaking in Southeast Asia dropped by almost 30% month-on-month in May to $1.42 billion — the lowest so far in 2022 — due to a scarcity of megadeals, proprietary data compiled by DealStreetAsia show.