Mirroring what is going on in the public markets, investors slowed funding to private companies with only $21.2 billion for startups in the region. That is a 26% decrease from the second quarter and an astonishing 56% from the third quarter of last year. As with the global numbers, the total funding amount marked the lowest investment since the first quarter of 2021, when the world was just entering into a pandemic and only $19.6 billion was raised by startups in the region. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async"); Although there were some large deals'such as Singapore-based online shopping company Lazada Group closing a $912.5 million round from Alibaba'deal flow also...
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