2023 State of the ASEAN Technology Ecosystem Report

January Capital is one of Asia-Pacific’s most active technology investment firms. We invest in the most promising founding teams, from the earliest stage. We act as a solutions provider for entrepreneurs, investing across a company’s lifecycle and capital structure. In our venture strategy, we focus on certain themes that we believe will power the region’s progress over the next decade - you can read more here.

Using the firm’s proprietary data, we compile and publish a “State of the Ecosystem” report twice per year. This iteration of the report covers CY2023, as well as reporting on historical data also. In addition to our internal data, the report leverages data from our affiliated company, Alternatives.pe, as well as other sources to present a comprehensive overview of the Southeast Asian technology ecosystem.*

By filling in your details, you are able to access the full report without charge. The 46 page report contains the following:

  • Consolidated funding volumes across geography, stage, and sector.^

  • Accurate and comprehensive data on valuations and round sizes by stage, geography and sector.

  • Detailed information for the most promising sectors we see in the ASEAN region.

For those that are interested in learning more about January Capital, you can reach us via the social media or email links below.

^ Based on data from over 5,000 funding rounds completed since CY2017 in Southeast Asia.
* Data is complete and accurate up until 31 December 2023.