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Laxman Pai, Opalesque Asia: According to GlobalData, a total of 3,724 venture capital (VC) funding deals with disclosed funding value were announced in the Asia-Pacific (APAC) region in 2024.
"This represents a year-on-year (YoY) decline of 6.9% compared to the previous year, with a fall in deals volume in most of the VC funding size ranges," said the study.
The report revealed that the number of high-value VC deals declined by 24.1% from 112 in 2023 to 85 deals in 2024, whereas the volume of low-value VC deals fell by 2% from 2,604 in 2023 to 2,553 in 2024.
Meanwhile, mid-size VC funding deals (valued at>$10 million and ≤$100 million) volume declined by 15.3% from 1,282 deals in 2023 to 1,086 deals in 2024.
"Be it low-value deals (Investment value less than or equal to $10 million) or high-value deals (Investment value more than $100 million), the decline in deal volume was witnessed across most of the funding size ranges in the region during the year," said Aurojyoti Bose, Lead Analyst at GlobalData.
"There was a double-digit decline in high-value VC deals volume. Meanwhile, VC deals valued over $500 million saw some marginal improvement in volume," Aurojyoti added.
Low-value deals continued to dominate and account for the largest chunk of deal volume in 2024. These deals accounted for a 68.5% share of the total number of VC deals with disclosed funding value announced in the APAC region last year.
High-value VC deals accounted for a 2.3% share o...................... To view our full article Click here
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