Asia’s Startup Funding At Near Record High In Q3, Driven By AI

Asia’s startup funding held up at the second-highest level in years in the third quarter, even as investment fell slightly from Q2 totals.

Overall, investors put $38.5 billion into reported seed- through growth-stage financings for countries in the region in Q3, per Crunchbase data. Of that, a majority went to AI-focused companies, echoing the trends we’ve seen globally.

Deal counts, meanwhile, were relatively flat. That indicates concentration of capital into favored startups remains pronounced but is not intensifying.

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