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ASIA STARTUP FUNDING SURGES 93% TO $27.4B IN Q1

Asian startups raised $27.4 billion in the first quarter, a 93% year-over-year increase and the highest quarterly total in over three years. Chinese startups led the surge, capturing $16.5 billion of the total.

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Asia's startup funding rose 93% YoY to $27.4B in Q1, the highest quarterly total in 3+ years, with Chinese startups raising $16.5B and Indian startups $3.8B (Joanna Glasner/Crunchbase News)

Joanna Glasner / Crunchbase News: Asia's startup funding rose 93% YoY to $27.4B in Q1, the highest quarterly total in 3+…

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