Asia burns bright as global venture market has a rough ride in H1

Asia burns bright as global venture market has a rough ride in H1

Marina Bay Sands, Singapore. Photo by Hu Chen on Unsplash

Asia has overtaken North America as the brightest spot for venture capital (VC) fundraising in the first half of 2023 despite market slumps everywhere, data from US-based research firm PitchBook show, highlighting investors’ confidence in the region’s growth potential and countercyclical features.

Edited by: Joymitra Rai