Top 10 Highest-Funded Asian Startups in 2016 So Far

April 26, 2016

9:45 am

The first quarter of 2016 closed less than a month ago, and the companies at the top of the pack in Asia accounted for $2.9 billion. And while this number is more than impressive, it represents a decline consistent with the Asian market as of late. Asian startups need not worry though, because capital is coming in at a more consistent rate, which in the long run, is better for their economic growth.

According to the Venture Pulse Report from CB Insights, 2015 was the year of the mega-deal in Asia. And while Asian startups racked up big bucks in blockbuster deals, the growth could not remain that explosive. Now, venture capitalists are relying on the a diverse selection of investments totaling less than the record-breaking averages in 2015.

Check out this list of the top 10 highest-funded Asian startups in the first quarter of 2016 here.

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Conor is a writer, comedian and world-renowned sweetheart. As the Senior Writer at Tech.Co, he’s written about everything from Kickstarter campaigns and budding startups to tech titans and innovative technologies. His background in stand-up comedy made him the perfect person to host Startup Night at SXSW and the Funding Q&A at Innovate! and Celebrate, posing questions to notable tech minds from around the world. In his spare time, he thinks about how to properly pronounce the word “colloquially.”

Conor is the Senior Writer at Tech.Co. You can email him at [email protected].

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