Asia overtakes N America to become CVC investments powerhouse

Asia overtakes N America to become CVC investments powerhouse

Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

For the first time, Asia has surpassed North America in corporate venture capital (CVC)-backed deals in 2019 to become a global powerhouse, accounting for 40 per cent of all transactions last year, according to venture intelligence platform CB Insights’ 2019 Global CVC Report.