Asean-focused VCs face fund-raising challenges: report
Despite US$1.33b raised in Q1 2020, VCs seeing "dramatically changed" risk appetites: DealStreetAsia
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VENTURE capital (VC) firms focused on South-east Asia have raised US$1.33 billion in capital commitments in the first quarter of 2020, more than triple from the same period a year ago, according to a report by deal news outlet DealStreetAsia.
However, Q1's fundraise also represents a sharp cooling down from the US$2.5 billion in funds raised in Q4 2019. This marks the end of a four-quarter streak of quarter-on-quarter growth in funds raised by the South-east Asia-focused VCs.
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