COTD: Singapore's equity funding posts weakest half-year since 2019

Only 129 deals were made during the period.

Equity funding for Singaporean firms dropped to its lowest half-year level in six years.

The funding in the first half of 2025 (H1 2025) amounted to just $1.55b (US$1.21b) across 129 deals, down from $1.9b (US$1.49b) across 148 deals in the second half of 2024.

The downturn marks a sharp contrast to H2 2021, when funding peaked at $7.55b (US$5.9b).

Since then, funding value has steadily declined through H1 2023, rebounded in H2 2023, and has since dropped again through the current half-year.

($1 = US$0.78)

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