Asia’s venture capital funding, deal volume plunge in Q1

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo

The amount of venture capital investments garnered by Asian companies in the first quarter of this year dropped 12 per cent to $18.4 billion from the $21.1 billion they raked in during the previous quarter, according to latest data from CB Insights and PwC.

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