Wed, Feb 24, 2021
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

VC investment in the Asia-Pacific region remained strong with $25.2bn in Q4 2020

Friday, January 29, 2021

Laxman Pai, Opalesque Asia:

In its strongest performing quarter of the year, Asia attracted $25.2 billion in VC investment in Q4'20 - up from $24.4 billion in Q3'20, said a study.

"VC investment in Asia continued to rebound in Q4'20, driven primarily by a continued surge in investment in China, where VC investment rose to an eight-quarter high," said the Q4'20 edition of the KPMG Private Enterprise Venture Pulse report.

VC investment in China continued to recover, with the $19.8 billion raised by China-based companies in Q4'20 more than double the $9.4 billion seen in Q3'20.

China was the only country to see $1 billion+ megadeals during Q4'20, it said.

Chinese companies accounted for five of the top ten largest VC funding rounds globally during the quarter, including a $1.7 billion raise by truck-hailing company Manbang Group, a $1.6 billion raise by edtech Zuoyebang, a $1 billion raise by edtech Yuanfudao, a $907 million raise by e-commerce company Yunwang Wandian, and a $736 million raise by electric vehicle maker Enovate motors.

VC investment in India remained relatively robust in Q4'20, led by a $660 million raise by Zomato. While VC investment dropped somewhat during the quarter, India saw deal volume rise to its highest level since Q1'18.

VC investment in Asia is expected to continue to rebound heading into Q4'20. Health and biotech are expected to remain very hot areas of investment, in addition to edtech,......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel[more]

    Tribune Publishing agrees to $430m takeover by hedge fund From Boston Globe: Tribune Publishing Co., the owner of the Chicago Tribune and New York Daily News, agreed to be acquired by Alden Global Capital LLC for about $430 million, putting a hedge fund known for firing journalists at

  2. PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC[more]

    Private capital funds to spend billions on tech & outsourcing From Funds Europe: Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency

  3. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  4. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  5. Opalesque Exclusive: London manager to launch absolute return options fund[more]

    B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Th