Southeast Asia Tech Investment 2023 H1

Southeast Asia’s technology investment market is entering a reset phase - capital has slowed, valuations are normalising, and liquidity has tightened across the ecosystem.

Southeast Asia Tech Investment 2023 H1 is a decision-support report designed to help investors, founders, and corporate strategy teams understand how the region’s venture landscape is recalibrating after the post-pandemic and unicorn-era capital surge, and where capital deployment remains resilient despite the downturn.

Built on Momentum Works’ continuous tracking of regional deal activity and operator-level insights, the report examines investment volume contraction, valuation adjustments across stages, market-level divergence, and sector-specific capital concentration across Southeast Asia.

What’s new in the 2023 H1 edition:

• Updated analysis of Southeast Asia’s lowest H1 tech investment volume since 2017
• Stage-by-stage breakdown of capital deployment from Pre-A to Series C
• Valuation volatility analysis, with a focus on Series B dynamics
• Market-level shifts, including the cooling of the Philippines and relative resilience in other markets
• Liquidity outlook amid a prolonged IPO drought

This report is designed for decision-makers including:

• Venture capital and growth equity investors
• Founders and leadership teams navigating fundraising and valuation resets
• Corporate strategy and M&A teams monitoring the regional tech ecosystem
• Family offices and long-term capital allocators

How leaders use this report:

• To recalibrate valuation expectations and fundraising strategies
• To identify which investment stages remain structurally resilient
• To assess market-level risk and opportunity amid a regional capital reset

[Click here to access the Chinese version ｜ 点击这里获取中文版]