
Startup funding sinks 70.72% MoM in March
Year-on-year, funding fell by 17.53%.
Hong Kong's startup funding sank by 70.72% month-on-month to $40m in March, Tracxn reported.
Year-on-year, funding fell by 17.53%.
There was only early-stage startup funding during the month.
Redot Pay ($40m) and Eieling Technology were the top deals for the month.
In March, Lightspeed Venture Partners led the venture capital funding, whilst HSG led in private equity.