Startup funding in Southeast Asia sees a 9% uptick in August: Tracxn

Quick Summary:

Tech startups in Southeast Asia raised a total of US$142 million in venture funding across 25 rounds in August 2024, a 9 per cent rise over the previous month.

However, on a yearly basis, the funding dropped 39 per cent.

Syfe reported the largest fundraising with US$27 million.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: Singapore

Topics: Tracxn GrowSari Cocoon Capital First Circle News Funding Investments DiMuto TransTRACK.ID SleekFlow TransTRACK Syfe Startups SEEDS Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 08:58:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 128 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 128 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 22389669

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 12 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 11 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #10

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