Southeast Asia startup struggles at heart of this year’s Techsauce Global Summit

Press Release 

Startup funding, investor confidence and growth were just some of the pain points addressed at this year’s Techsauce Global Summit, which took place at ICONSIAM, Bangkok on the 26 and 27 August. The conference, which is back in physical form following a three-year hiatus, saw over 10,000 attendees, 1,500 startups and 300 speakers in attendance. Techsauce Global Summit acts as an international gateway for global leaders in technology, startups, corporations, investors and venture capitals, allowing them to come together, network and co-create.

According to figures from Techsauce media, in 2020, although investment in Thai startups reached a record high of $364 million USD, the number of deals dropped from 45 in 2019 to 33 in 2020. More recent research, which was revealed at today’s event demonstrates a financial winter is on the way with total…