Asian VC investment on the uptick, with BATJ largest unicorn backers

Asian VC investment on the uptick, with BATJ largest unicorn backers

The winter for venture capital (VC) funding when firms across the world, including Asia, cut back on the cash that was ploughed into startups, appears to have been short-lived. The number of $50M+ financings to VC-backed Asia tech companies rose 39 per cent on a quarterly basis in Q1’17 to hit a five-quarter high, according to the latest data from research firm CB Insights.

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