VC investments in Asia sink to 8-year low at $13.5b in Q1 2023: KPMG

VC investments in Asia sink to 8-year low at $13.5b in Q1 2023: KPMG

Merlion, Singapore. Photo by Jisun Han on Unsplash.

Venture capital investment in Asia has nearly halved to $13.5 billion in the first quarter of 2023 across 1,773 deals from $25.5 billion in the fourth quarter last year, according to a report by KPMG.

Edited by: Joymitra Rai