SINGAPORE -- Southeast Asia's startup funding in 2024 dropped for the third consecutive year, falling to a fifth of the peak it recorded in 2021, with investors anticipating greater uncertainties weighing on the region under the new U.S. administration.
According to data compiled by DealStreetAsia, startups in the region raised $4.56 billion in equity funding last year, down 42% from a year ago, and the number of fundraising deals fell 10% to 633.
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