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Singapore ranks seventh globally in D2C funding: Tracxn
Singapore led in Southeast Asia.
Singapore emerged as the seventh highest-funded country in the direct-to-consumer (D2C) sector globally in 2024, according to a report by Tracxn.
The United States topped the list with $2.53b in funding, followed by India ($718m), Finland ($279m), the United Kingdom ($92.1m), Germany ($56.9m), and Poland ($36.3m).
Within Southeast Asia, Singapore led the region with $19.5m raised in 2024, ahead of Hanoi ($6m) and Jakarta ($4m). Investor interest in Singapore was particularly strong in the beauty and fashion segments.
Singapore also attracted continued support from prominent investors, including AC Ventures, Accel, and Jungle Ventures.
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