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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.
 

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