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Navigating Southeast Asia’s Venture Landscape

July 22, 2025 14:27 PM UTC
- Updated July 22, 2025 14:40 PM UTC

Southeast Asia’s startup ecosystem has experienced remarkable growth over the past two decades and now boasts more than 60 unicorns across diverse sectors such as fintech, e-commerce, and digital services. But for the past several years, the region has suffered through a venture “winter” marked by a downturn in funding activityand deal volumes at multi-year lows. Late-stage funding has grown particularly scarce. What are the reasons for the funding dearth, and what can Southeast Asia startups do to shake off the doldrums? And what lessons can be learned from Silicon Valley and other parts of the world where startup ecosystems continue to thrive? How can VC’s help encourage their portfolio companies to accelerate growth.

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