Ecosystem Roundup: Late-stage funding in SEA drops 68% to US$415M in Q1 | Layoffs at Sayurbox

Dear Pro member, Southeast Asia’s startup ecosystem is yet to emerge from the double whammy of the Russia-Ukraine war and the COVID-19 pandemic. As per a Tracxn report, tech startups in the region raised a total of US$1.1bn in Q1 2023, a 69% drop from US$3.5bn raised in Q1 2022. This represents a 42% decline […] The post Ecosystem Roundup: Late-stage funding in SEA drops 68% to US$415M in Q1 | Layoffs at Sayurbox appeared first on e27.