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London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, raised $135M, a source says at just under a $1B valuation (Kieran Smith/Financial Times)

Kieran Smith / Financial Times : London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, rai...

22 January 2025

DealStreetAsia: Southeast Asian startups raised $4.56B in 2024, down 42% YoY and falling to a fifth of a 2021 peak, as the number of deals fell 10% YoY to 633 (Tsubasa Suruga/Nikkei Asia)

Tsubasa Suruga / Nikkei Asia:
DealStreetAsia: Southeast Asian startups raised $4.56B in 2024, down 42% YoY and falling to a fifth of a 2021 peak, as the number of deals fell 10% YoY to 633  —  SINGAPORE — Southeast Asia's startup funding in 2024 dropped for the third consecutive year, falling to a fifth of the peak it recorded in 2021 …

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