Indonesian Startup Funding in Q2 2020, 32 Reported Transactions , Dominated by Early-Stages
It is increasing compared to the same period in the previous year (Q2 2019)
In a general note, the Covid-19 pandemic has had a serious impact on the world's economy, both on a micro and macro scale. Various business sectors have also been affected, including those involved in the digital startup ecosystem.
The current condition has formed a lot of hypothesis. Some observers said that this year it is projected to be quite difficult for startup founders, especially those who are currently fundraising. It turns out that the statistics are still in the favor of the founders, at least based on the data for the first and second quarters of this year.
During the first quarter of 2020 (Q1 2020) we noted, at least 20 startups were announced and/or confirmed to the public. We conclude this number as relatively normal compared to similar periods in 2019. Based on the 2019 Startup Report, there were 27 transactions announced to the public in Q1 2019. The sequence trend is still the same, dominated by the early stage and Series A.
Already have an account? Login
Not ready to subscribe yet? Purchase and access this article
Subscribe to keep reading and get unlimited premium article access with all subscription benefit
Subscribe and get:
- Access to premium article
- Download paid research
- Premium newsletter
- Ads free
Choose your subscription period:
Rp 150,000 /month
Pay for a month
- Rp 450,000
Rp 350,000 /quarter
Pay for 3 months
- Rp 1,800,000
Rp 1,033,000 /year
Pay for a year
Sign up for our
newsletter