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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