Singapore
Four megadeals accounted for roughly 87% of the region’s total funding during the month.
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Editor’s Take: The Week That Was—Sept 14-19
Greater China
Capital kept flowing to hard-tech startups in satellite tech, humanoid robots and chips.
India
Financial services, automobiles & parts, and software accounted for 52% of total proceeds.
On a YoY basis, July funding declined about 52.8% from $1.48b.
The 26 megadeals raised a combined $8.4 billion, or 71.9% of the monthly financing.
Deal volume, too, witnessed a moderate MoM decline of 8.3%.
Startup funding in the region last crossed the $4b mark in November 2021.
Capital is gravitating towards AI, embodied intelligence, and other deeptech themes.
Total capital inflows rose significantly to $2.16b in June from $774m in May.
There were fewer transactions compared with April.