SEA tech winter continues as Q1 funding drops 29% year on year
Photo credit: ximagination / 123RF
Southeast Asia’s tech landscape is still feeling the funding crunch: the region’s startups collectively raised just US$1.2 billion in the first quarter of 2024. That’s over 29% lower compared to the same quarter last year, and an 82.6% drop versus Q1 2022, according to Tech in Asia data.
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