Antler, the Singapore VC that focuses on early-stage investments, just closed its second Southeast Asia fund. It’s raised $72 million to double down on startups in Singapore, Indonesia, Vietnam and Malaysia.
This should be welcome news for startups. Like other regions, Southeast Asia has faced a persistent funding slump. Between January and July 2024, tech companies in Southeast Asia had raised $2.31 billion through 328 equity funding rounds. This was a 69.69% decrease compared to previous year’s total of $7.63 billion raised across 426 rounds in the same period.
But Jussi…