Thai startups grab $529m in VC funding in Q1, outpace Indonesia

Thai startups grab $529m in VC funding in Q1, outpace Indonesia

Thailand's national flag. Photo: Lawrence Makoona / Unsplash

Thai privately-held companies gathered a total of $529 million in fundraising in the first quarter, surpassing pre-COVID levels, up as much as 137% from the same period of 2019, according to data compiled by DealStreetAsia DATA VANTAGE.