Venture capital fundraising in APAC has been steadily declining since 2018, dragged down by tighter regulations and a cooling economy in China. We expect this decline to continue into the near future, with venture capital being the asset class which is most affected by headwinds amid current market uncertainty.
Last year, deal-making experienced a reality check. A series of deals with lower price multiples led to the aggregate deal value falling to $140bn, down 40% from the record levels seen in 2021. Still, deal-making transactions remained robust, down only 13% from the previous year’s record.
Venture Capital Deals in APAC 2023: Preqin Territory Guide takes a deep dive into three red-hot verticals: healthtech, electric vehicles, and big data. This guide provides data and insights on fundraising, deals, and exits, with the aim of answering several questions, including:
- How has the exponential growth of APAC-based venture capital AUM evolved over the past decade?
- What has been the momentum of venture capital fundraising in APAC over the past few years?
- Who are the major LPs in venture capital in APAC?
- How has the dramatic swing in sentiment in 2022 impacted venture capital deal-making in APAC?
- Which sectors have seen the most venture capital deal activity in APAC in 2022?
- What is the exit environment like in APAC now after a banner year in 2021?
- How do venture capital returns in APAC compare against the global average?
- How is venture capital activity faring in healthtech, electric vehicles, and big data amid the funding slump?