Asia overtakes US for the first time in VC funding; claims top 5 deals globally in Q2

Photo by Grace Stroke on Unsplash

Asian companies raked in venture capital investments of $19.3 billion in the second quarter this year, outpacing funding received by counterparts in the US for the first time.

A series of $1-billion+ VC deals, including Didi Chuxing’s landmark $5.5-billion round, propelled the continent up the leaderboard in the quarter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter