Whilst Singapore continues to attract 92% of South East Asia’s (SEA) tech startup funding, as per recent reports from the data intelligence platform, Tracxn, the overall funding raised in the region in the first half of the year has dropped by 24% compared to the second half of 2024, to just US$2 billion ($2.6 billion).
Southeast Asia’s tech boom has stalled. Can it find its spark again?
For the fourth consecutive year, the otherwise warm and sunny Singapore continues to battle a prolonged and crippling funding winter.
