February 14, 2021
Southeast Asia has drawn increasing interest from global venture capital (VC) firms wanting a slice of the emerging market growth story. A total of $4.08 billion was raised by nine global funds in 2020 with significant allocations for private companies in the region, a massive jump from $867 million bagged by five funds in 2019, per our latest report, SE Asia’s VC Funds: Q4 2020 Review.
On the other hand, Southeast Asia’s venture capital firms suffered a significant 39% drop in fundraising at $1.96 billion in 2020, as travel restrictions in the wake of the COVID-19 pandemic and increased limited partner caution affected fundraising.
Staying with data-led stories, we captured deal-making activity in Greater China where private equity and venture capital firms took a breather in January after the hectic deal flow witnessed towards the end of 2020. Chinese startups collected almost $7.5 billion in January 2021, down 17.6% from December, according to our data. Th
Editor’s take: The week that was Feb 1-6 Premium
As I highlight the significant developments that unfolded last week, it’s worth a mention how all eyes have been on the frontier market of Myanmar with the military abruptly seizing power in the Southeast Asian nation and declaring a national state of emergency for a year. Our reporters have been tracking the development and the impact on global investors who were just beginning to show interest in the country.
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