Tech startups in Southeast Asia raised US$129 million in July 2024, a significant 68.38 per cent decline from the previous month. The drop is 78.82 per cent from the same month last year.
Like the past several months, seed-stage rounds dominated venture capital investments in July this year, with 15 deals recorded, followed by early-stage (9) and late-stage (2) fundings.
With US$21.4 million raised, Carsome reported the largest financing round in July, followed by Chainbase (US$15 million), Hive Health (US$6.5 million), and PEXX (US$4.5 million).
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