StartupsASEAN startups surpass pre-COVID total funding deal values
Philippines among countries recording big pickup in H1 2021
Employees work at Mediatrac, a data analytics startup in Jakarta: Southeast Asia has seen a strong rebound in deals as investors adjust to the setbacks from the COVID-19 pandemic. © Reuters
DYLAN LOH, Nikkei staff writer
SINGAPORE -- This year is shaping up to be a bumper year for startups in the Association of Southeast Asia Nations looking to raise funds, as deal values skyrocket to a high not seen even in 2019, before the COVID-19 pandemic hit, defying a health crisis that has dragged the world into a slump.