Local startup deals down, funding surges
The number of startup funding deals plunged to 30 in 2020, down from 41 the year before, due to the pandemic as investment focused more on companies in the growth stage, according to tech media Techsauce.
However, the total investment in local startups surged to US$364 million (11.4 billion baht) last year, up from $109 million in 2019.
Since 2012, $845 million has been invested in Thai startups.
Suchit Leesa-Nguansuk
