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Laxman Pai, Opalesque Asia: 2018 marked another record year for global venture capital financing, with a total disclosed value of USD185 billion (EUR165 billion) raised across more than 12,500 transactions, revealed a study.
Total transaction volume grew five per cent per year from 2014 to 2018 across the globe, while total value raised grew by 13 per cent, suggesting that funding rounds are becoming larger, according to new analysis carried out by Hampleton Partners.
The Asia-Pacific region registered the largest number of deals in 2018 at 6,676, followed by North America with 5,640 and Europe with 2,601.
Asia-Pacific also charted the highest growth in absolute value, propelled by the increasing prevalence of massive investment funds such as Softbank's $100 billion Vision Fund and Tiger Global's new $3.75 billion tech fund, both having contributed to some of the record 21 new Asian unicorns born in 2018.
Over a four-year period, Europe walked away with the highest relative growth, witnessing a 24% CAGR over three years, with the number of deals having doubled since 2016.
The proliferation in Europe of early stage funding rounds and the higher value they generate are the result of favourable government programmes, thriving tech hubs from Stockholm to Berlin, and a highly active and maturing investor environment.
The most valuable company on 2018's unicorn list is Bytedance, a Chinese machine learning content platform. Bytedance was valued at...................... To view our full article Click here
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