Venture Capital Funding in Asia Falls 29.2% in 2019
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Total venture capital funding for startups in Asia reached US$63 billion in 2019. This figure represents a 29.2% decrease from the previous year's US$89 billion. In addition to Asia, funding in North America also declined by 6.6%.
Meanwhile, total funding in Europe increased, although it remained lower than in other regions. It rose from US$22 billion in 2018 to US$32 billion in 2019.
These figures are the result of 6,366 deals in North America, 5,295 deals in Asia, and 3,345 deals in Europe.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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