SE Asia Deal Review: Q3 2022

Southeast Asia-based startups raised $3.72 billion in venture capital funding in the third quarter, down 22% from Q2 and 36.4% year on year, on the back of a paucity of big-ticket, late-stage deals.

Deal count, on the other hand, increased 11% quarter-on-quarter to 277 during the period as early-stage investments continued to drive volume.

According to the latest report from DealStreetAsia — DATA VANTAGE, the quarter saw an uptick in debt financing as startups sought to stave off flat or down rounds. Venture-backed startups inked at least 15 debt financing deals in Q3, raising $819 million in total.

In the first nine months of this year, startups raised $12.68 billion in equity funding, down 16.4% year on year, and another $1.54 billion in debt financing.

Get the SE Asia Deal Review: Q3 2022 report for:

• Funding trends across quarters, sectors, and countries
• Deal volume and value across funding stages
• Median and average deal value across stages
• Investor perspectives, and more.

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