Strategic PR for Startups Amid the New Reality of Fundraising
- Mahou Consulting

- Mar 21
- 4 min read
Over the last couple years or so, the startup landscape around the world has shifted dramatically. Economic turbulence, rising interest rates, and increasing competition have created ripple effects, creating what was then dubbed the ‘funding winter’.
As investors struggled to raise funds for deployment, they had to become more intentional about where they put their money. They started concentrating capital into fewer, stronger startups.
The result? Investors stopped chasing unicorns and went after the ‘camels’.
Fundraising became an activity in proof, not narratives. Founders had to change their ‘growth at all costs’ approach and instead emphasise business fundamentals, market traction, real-world problem solving, and proof of concept.
Public relations for startups is no longer about visibility and attention. It is now about de-risking your startup in the eyes of investors.
The New Investor Lens in Southeast Asia
VCs and investors, in Southeast Asia especially, now value proof points a lot more than fluffy stories. They want to invest in proven models, scalable solutions, and knowledgeable founders.
This is evident in the trends and data. Fundraising cycles are longer and scrutiny is higher as capital efficiency and business fundamentals take centre stage. Mid-stage funding numbers have taken a hit, and ‘zombie startups’ are emerging.
With all this, there is a strong emphasis on PR. Why? Because you need to answer:
Does the market actually need this solution?
Is the startup going to survive and thrive?
Is the founder capable of growing this business?
Is the startup seeing traction?
Put simply, you need to be able to justify your business. And this is done through market signalling.
Signal #1: Proof of Business, Not Just Vision
Investors want to see revenue traction or a clear path to it. In a world where risk-takers are few and far between, nobody will place their bets on a vision which has not yet turned to reality.
What does that mean for your startup PR strategy? Continuous and consistent communication.
When engaging in public relations for startups, you need to be consistent with your messaging and show positive movement on a regular basis.
Partnered with an industry leader? Announce it. Made a leadership hire? Announce it. Expanded into a new market? You guessed it.
Amidst all these announcements, it is important to keep messaging consistent. The company’s mission, vision, and proof points need to tie back to the overall narrative.
A great example of this is Philippine proptech Lhoopa. With every major update, it is clear that their end goal is to make housing more affordable and accessible. Investors like this consistency and clarity, especially today.
Signal #2: Market Position & Strategic Relevance
Investors also want to know about your market. Is there a strong need and demand for what you offer? And if there is, where do you stand in the market?
Here, your PR strategy is delicate. You need to position yourself at the top of the market, differentiate yourself from the competition, and ensure that your PR strategy shows strong market demand.
Syfe is a great example. They announced their US$80 million Series C round in June 2025, and their strategic positioning supported this fundraise. They did this by communicating strong business performance and differentiating themselves in a cluttered fintech space. Syfe’s positioning is not ‘investment app’, but ‘a platform built in the region, for the region’. This helps them carve out a niche for themselves, and stand on top of that mountain.
Similarly, your startup’s PR must plug into a macro narrative investors can believe in. Use thought leadership and strategic messaging to talk about the market, your solution, your USP, and tie it all together.
Signal #3: Credibility and Reputation
Reputation engineering is an intricate process, but when done right can bring exponential benefits. For investors, third-party validation, founder credibility, and narrative consistency matter. They signal market confidence and show pathways to future success.
This is where PR becomes decisive.
Reputation is not just about Share of Voice, but about using your media coverage to establish yourself and engineer a reputation in the ecosystem.
How? The first step is to put yourself out there. Be visible. Speak at conferences, share opinions in credible media, create advocacy, talk about your journey on your socials, and ensure AI search shows your business growth.
One of Southeast Asia’s newest unicorns is bolttech, and they exemplify reputation. They do not talk too much. But when they do, the industry listens.
PR Supports Fundraising
The best PR strategy for early-stage startups does not make you look bigger. It makes you look safer, smarter, and surer.
Do this by communicating proof, traction, and market position. The simplest way is the 3 C’s framework. Every good PR strategy for startups needs to talk about your 3 C’s:
Concept: market relevance, category ownership
Community: traction, revenue, customers
Corporate: founder reputation, business performance
If you would like to understand how to use PR for your startup to attract investors, reach out to us at contact@mahouconsulting.com and book a free consultation.
If you would like to learn more about how reputation engineering works, check out our blog post.



