Winter Wasteland: Seed Stage Funding Declines 81% YoY & 73% QoQ In Q1 2023
Seed funding in Q1 2023 fell to $180 Mn across 102 deals, down 81% and 58% YoY, respectively, per an Inc42 report.
Source: inc42.com
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Editor's take: The week that was — Feb 27-Mar 4
This week we released two reports on VC funding in SE Asia and Indonesian digital banking.
Source: dealstreetasia.com
![[ Funding Galore ] From Betterhalf To Evera – Indian Startups Raised $32.35 Mn This Week - Vimarsana News](https://inc42.com/wp-content/uploads/2023/03/Funding-galore-social.png)
[ Funding Galore ] From Betterhalf To Evera – Indian Startups Raised $32.35 Mn This Week
Indian startups could manage to raise only $32.35 Mn between February 27 and March 4, plummeting 85% compared to last week’s $215 Mn.
Source: inc42.com
SG's Grayscale Ventures raises $10m so far for debut micro VC fund
Singapore-based venture capital firm Grayscale Ventures has made the first close of its micro-fund for pre-seed investments at about $10m.
Source: dealstreetasia.com
Grayscale Ventures Made The First Closure Of $20 Mn Fund
Grayscale Ventures' fund will invest between $200K and $1 Mn in 15-20 pre-seed startups in a period of 10 years
Source: inc42.com