In March 2025, Southeast Asia’s tech startup ecosystem saw a surge in funding, reaching US$99.5 million across 22 rounds, an 82.1% increase from the previous month but 10.31% lower than the same period last year. Iterative was the most active VC firm, with notable deals by Higala and Filum. The growth reflects renewed investor confidence, despite fundraising challenges highlighted by January Capital’s report.
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Breaking | Trump extends TikTok deadline after failing to outline deal to sell the China-owned app
US President Donald Trump failed to finalize a deal to sell Chinese-owned TikTok to American investors and issued an executive order extending the deadline by 75 days to keep the app operational. Trump stated in a Truth Social post that more work is needed for necessary approvals, expressing hope to reach an agreement with China despite tensions over tariffs. The US Supreme Court upheld a TikTok ban, leaving the app's fate uncertain as it faces...
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