Photo from Enterprise Singapore
In 2022, Singapore’s deal value hit $10.99b.
Singapore dominated Southeast Asia in venture capital funding for the year 2022.
Data from Enterprise Singapore and DealStreetAsia showed that Singapore-headquartered firms accounted for 56.3% of the total deal volume in the region.
The Lion City also had the biggest share of equity funding in SEA deal value-wise (63.8%).
Behind Singapore was Indonesia, which accounted for 21.9% of the deal value and 22.4% of the deal volume.
READ MORE: Can Singapore’s private capital market sail through rough global waters?
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