The capital drought: Over 7,500 SEA startups extinguished since 2020

Between January 2020 and mid-2026, the Southeast Asian technology ecosystem underwent a profound transformation. What began as a high-flying venture boom turned into an unprecedented “funding winter.” Tracxn data reveals that a total of 7,538 tech startups across the region deadpooled, driven by high global interest rates, macroeconomic friction, and shifting investor demands toward path-to-profitability. […] The post The capital drought: Over 7,500 SEA startups extinguished since 2020 appeared first on e27.