Asia’s third-quarter startup funding reaches $38.5 billion
Asian startups raised $38.5 billion across reported seed-to-growth financings in the third quarter, according to Crunchbase. AI-focused companies received roughly 55% of that total. The report describes a slight overall decline from the previous quarter and relatively stable deal counts, with investment still concentrated in large rounds.
The essentials
- Crunchbase attributes around $27 billion of the regional total to China-based companies.
- The figures reflect reported financings in Crunchbase’s dataset and may change as rounds are recorded.
Original sources
Crunchbase NewsRead at news.crunchbase.comMoat Wire summarized this report for readers. The full article, its data and quotations belong to Crunchbase News.