Even after a record high 2021, early-stage investments funding continued pouring in throughout 1H2022, say Google, Temasek and Bain & Company in the seventh edition of their annual e-Conomy Southeast Asia report, released on Oct 27.
Tech investments in Southeast Asia remain robust this year. While total deal activity remained relatively constant at around 1,200, this year’s deal value has already surpassed last year’s by some 15%, mainly driven by larger ticket sizes that are 13% higher y-o-y on average.
However, the funding landscape tells a tale of two ends: early-stage deals are continuing with strong momentum, while latestage deals are seeing more pronounced dips and a pause in IPOs.
