Singapore leads SEA cities with top tech funding in 3Q23
The city raised US$318m in funding.
Singapore is the leading Southeast Asian city in terms of tech funding, raising US$318m in 3Q23 alone.
Behind Singapore are three cities in Indonesia: Bandung (US$200m), Jakarta (US$140m), and Tangerang (US$73.5m).
Data from Tracxn also showed that Singapore's Mirxes (3rd) and Sedna (5th) were amongst the tech companies that recorded the highest funding rounds in 3Q23.
The companies raised US$50m in a Series D funding round and US$42m in a Series C funding round, respectively.