Indonesia Startup Funding Data H1 2022, Still Shows an Increasing Trend

DailySocial.id re-captured digital startup funding transactions during the first half (H1) of 2022. There are several interesting trends that can be observed, in the midst of oblique issues that are currently in the spotlight in the ecosystem --- one of them regarding the market correction due to the global economic crisis, which has a direct impact on the how investors value a startup.

Reminiscing, the year 2022 begins with optimism for the revival of the digital business ecosystem after previously being hampered by many restrictions in the midst of a pandemic. Many people think that Indonesia's digital economy will skyrocket along with very fast technology adoption during the self-quarantine period.

Sure enough, throughout Q1 2022 we recordedstartup funding more than doubled compared to the same period the previous year.