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Today: November 19, 2024
February 12, 2024
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APAC VC Deals Struggle Across Funding Sizes: GlobalData Report 2023

The Asia-Pacific (APAC) region saw a decline in venture capital (VC) deal volume across all funding size ranges in 2023, according to data and analytics company GlobalData. The number of high-value VC deals (> $100 million) declined by 37.4%, while low-value VC deals (≤ $10 million) declined by 31.1%, and mid-size VC deals (> $10 million and ≤ $100 million) declined by 36.7%. This decline in VC deal volume reflects the vulnerability of the APAC region to macroeconomic challenges, geopolitical tensions, and market uncertainties. However, low-value deals still dominated the APAC VC funding scene, comprising approximately one-third of the total deal volume and representing 65% of all disclosed funding value VC deals. High-value VC deals accounted for 3% of the market share, and mid-size VC deals accounted for 32%.

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