SINGAPORE -- Southeast Asian startup fundraising slowed in 2022 with deal value contracting by about a third from a year earlier as worsening economic conditions dampened both the prospects and valuations of young tech companies seeking growth capital.
Startups
ASEAN startup fundraising slumped in 2022 but still up from 2019
Investors turn to early-stage deals amid dimmer IPO prospects for tech ventures
Singapore-based Coda Payments was among the handful of new Southeast Asian unicorns last year, and Lazada ranked first in the region in overall deal value. (Source photos by screenshot from Coda Payments' website and Reuters)
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