SE Asia Deal Review: Startup fundraising stays below $1b mark in March despite 90% MoM jump

Fundraising by Southeast Asian startups touched $781 million across 76 deals in March, registering a growth of about 90% over February, show proprietary data compiled by DealStreetAsia.

In February, there were 55 funding deals that raised $409 million, with just one deal exceeding $100 million. In March, too, megadeals remained scarce, with only two deals surpassing the nine-figure-dollar mark.

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