Bangladesh startup fundraising falls 74% YoY to $109m in 2022

Startups in Bangladesh raised a combined $109 million in venture funding in 2022, down 74% from the $415 million amassed in the previous year, according to a report.

Thirty-nine unique startups in the country sealed 45 funding deals during the year, according to the ‘Bangladesh Startup Investment Report 2022’ by LightCastle Partners. Of these, 25 deals were led by Bangladeshi investors, the report added.

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