Southeast Asia Deal Review: Q3 2025

Southeast Asia Deal Review: Q3 2025

23 October, 2025

Startup funding in Southeast Asia remained sluggish in the third quarter of 2025, with only 112 deals closed—the lowest quarterly count in more than six years. Still, a handful of large transactions helped support overall deal value, and late-stage activity showed a modest rebound.

Read the report for:

  • Quarterly startup fundraising trends in SE Asia
  • Top deals of 9M 2025
  • Industries that attracted the most capital
  • Fundraising trends by country
  • Insights from prominent private market participants

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