China Leads Asia’s Startup Funding To Its Highest Level In More Than 3 Years
Asia’s startup funding swung higher in the first quarter of this year, boosted by a rebound in Chinese venture investment.
Overall, investors put $27.4 billion to work across seed- through growth-stage financings for Asian companies in Q1, per Crunchbase data. That’s up about 20% from the prior quarter and nearly double year-ago levels.
Total funding also hit its highest level in more than three years, as charted below.
Funding went to bigger rounds, not more of them. Per Crunchbase data, deal c...
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