Asian venture capital catches up to North America – Asian Venture Capital Catches up to North America
Published on: February 20, 2019 / Update from: February 20, 2019 - Author: Konrad Wolfenstein
Venture capital in Asia has come a long way from a pure market to one that has almost closed the gap on North America's largest venture capital market. According to market analyst CB Insights, 38 percent of corporate venture capital deals were closed in Asian markets in 2018, compared to 19 percent in 2013. This means that the share of North American deals fell from 64 percent in 2013 to 41 percent in 2018.
In particular, artificial intelligence and digital health offerings were completed in greater numbers in Asia.
According to the report, corporate venture capital deals totaled $52.95 billion in 2018 across 2,740 deals. The most active corporate investor was Google Ventures. Chinese investor Baidu Ventures entered the market. While China and Japan saw significantly more interest in corporate venture capital, with annual increases of 54 and 100 percent respectively, India saw the largest growth in corporate venture capital from 2016 to 2017, when deal closings increased by 400 percent. From 2017 to 2018 they grew by another 20 percent.
Venture capital in Asia has come a long way from an also-ran to a market that has almost closed the gap on the biggest venture capital market, North America. According to market analyst CB Insights , 38 percent of corporate venture capital deals in 2018 were struck in Asian markets, up from 19 percent in 2013. This brings the North American deals share down from 64 percent in 2013 to 41 percent in 2018. Especially artificial intelligence and digital health deals were closed in Asia in higher numbers.
According to the report, corporate venture capital deals in 2018 totaled US$52.95 billion across 2,740 deals. The most active corporate investor was Google Ventures. Chinese investor Baidu Ventures came in fourth. While China and Japan attracted significantly more interest from corporate venture capital with annual increases of 54 and 100 percent respectively, India saw the biggest growth in corporate venture capital from 2016 to 2017, when deal closings increased by 400 percent. From 2017 to 2018, they grew by another 20 percent.
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