Vietnamese start-ups raise $413mn for Q2 total funding

August 17, 2023

Vietnamese start-up companies secured cumulative funding of US$413 million in the second quarter of this year, according to DealStreetAsia. The most significant decline in funding, 58.6 percent, was witnessed in Southeast Asia. Start-ups based in this region garnered $2.13 billion during the second quarter, as opposed to the $5.13 billion achieved in the corresponding quarter of 2022. Indonesian start-up fundraising lagged behind that of Vietnam, accumulating total equity funding of $327 million. Start-up fundraising in the region in the first half of 2023 reached only 44 percent of the levels recorded for the same period last year.

The source of this news is from Tuoi Tre News