SE Asia Deal Review: Startup funding falls below $1b mark in Jan, 40% lower than Dec

SE Asia Deal Review: Startup funding falls below $1b mark in Jan, 40% lower than Dec

Photo by Larry Teo on Unsplash

Amid fears of a recession looming large, startup funding in Southeast Asia dropped below the important $1-billion mark in January 2023 as fund managers pulled their purse strings towards fresh investments.