Asia venture funding falls after record 2021

April 7, 2022

The venture market in Asia is not immune to the decline in funding seen globally.

Venture funding in the continent declined to $36.3 billion in the first quarter, a 7 percent drop compared to the same quarter last year—and a much more dramatic 31 percent dip compared to the last quarter of 2021, according to Crunchbase data.

On one hand, the numbers are not shocking considering the decline in global and North America venture dollars. On the other, like most of the world, Asia is coming off a record year of venture funding of $174.4 billion last year.

Read the complete article on Crunchbase >

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