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Laxman Pai, Opalesque Asia: 2018 was a record year for venture capital deals, with the year seeing 14,889 deals worth a total of $274bn. The growth has been driven by a number of new participants in the deal making space, said Preqin.
According to the report, despite more deal makers entering the venture capital space, the most active deal makers have maintained their dominance of total activity: in 2018, the 20 most active deal makers accounted for 14% of the total number of deals, on par with the 15% they were involved with in 2013.
The rising number of active deal makers is partly due to growing participation in Asia. Five years ago, investors in North America accounted for over half of venture capital deal activity, compared to around 10% involving Asia-based investors.
In 2018, however, almost three out of 10 deals that involved deal makers in Asia, it said.
The report quoted Richard Stus, Head of Private Capital Research as saying: "The venture capital deal making market is in a period of unprecedented activity, with more deal makers deploying more capital than ever before. While the rise in capital totals is partly due to mega funding rounds for multi-billiondollar unicorns, the rise in the number of players is symptomatic of venture capital's growing importance."
"Especially in emerging markets, venture capital funding is a valuable part of the SME and startup landscape - as evidenced by the enthusiasm with which China and other emer...................... To view our full article Click here
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