SE Asia climate tech startups charge ahead, but not immune to funding woes

Southeast Asian tech startups focused on climate adaptation and mitigation clocked more venture funding deals in the first 11 months of 2023 than in the whole of last year, finds a new DealStreetAsia – DATA VANTAGE report.

There were 92 equity funding deals in the climate tech space from January through November, up 12% from the same period last year, according to The State of Climate Tech in SE Asia 2023. Debt financing, too, trended up this year, although the increase was more modest.

The climate tech landscape, however, was not immune…