Southeast Asia’s tech firms saw a record US$8.6 billion in disclosed funding in 2017, obliterating last year’s US$2.6 billion, according to the Tech in Asia Database. The region defied slowdowns in China and India’s tech industry.
Grab’s US$2 billion in July was Southeast Asia’s biggest investment as the Malaysia-born, Singapore-based ride-hailing startup increased its war chest to fight Uber. Sea’s IPO also makes the list.
Here’s the data from January to December 7, 2017:
NOTE: This was originally published on August 17, 2017. It’s now updated with the latest data.
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