As the creation of new private unicorn companies valued at $1B or more has slowed down, the frequency of $100M rounds into VC-backed tech companies has also fallen off its peak pace.
So far, there have been 45 deals of above $100M each in 2016. That puts this year on track to beat the result in 2014 (which saw just over 100 mega-rounds). But that would still be roughly a 30% year-over-year drop compared to the 2015 peak.
More than half of the deals in 2016 so far have happened in Asia, including $100M+ rounds to Oyo Rooms, Tokopedia, and Zhaogang.
