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Asia’s Tech scene is booming. Funding to Asian VC-backed Tech companies topped $4B for the third straight quarter, as investors continue to pour money into major tech hubs in China and India.

The Q1 2015 Asia Tech Report

INDIA TECH DEAL ACTIVITY REACHES NINE-QUARTER HIGHS


Investment into VC-backed Indian Tech companies topped $1B for the third straight quarter, reaching $1.36B in Q1’15, up 225% versus the same quarter a year prior. While funding was down slightly versus Q4’14, deals reached a nine-quarter high, growing 60% vs. Q1’14 to 69.


This in-depth report analyzes the funding activity for VC-backed private technology companies based in Asia including overall financing activity, which countries saw the most funding, and more. Below is a high-level summary of some of the report’s highlights. For all of the findings, download the entire report. It’s free.


Q1 2015: $4.8B ON 247 DEALS – ASIA STILL ON FIRE


After a blowout Q4’14 which featured six $500M+ rounds, Asian VC-backed tech companies came slightly back down to earth, raising $4.8B on 247 deals. The funding total is still the second highest total since 2013, up 95% versus the same quarter a year prior. 

The Q1 2015 Asia Tech Report highlights funding trends as well as top investors, countries, and trends for VC-backed Asian tech companies. To receive the Q1 2015 Asia Tech Report, sign up by entering your business email address in the form below.


SEQUOIA CAPITAL IS MOST ACTIVE IN Q1’15


Sequoia Capital, which includes all of their Asian affiliates, was the most active investor in Asian VC-backed Tech companies. The fund’s China arm invested in four $100M+ rounds to companies including Ele.me and Zhaogang, among others. IDG Ventures and Matrix Partners rounded out the top 3.





 


SERIES A DEAL SIZES REACH FIVE-QUARTER HIGH


Series A deal sizes reached five-quarter highs on both a median and average basis. Multiple $50M+ rounds drove the average to $10.6M, while the median round size edged up slightly to $5.55M. 







CHINA FUNDING REMAINS ABOVE $2B FOR THIRD STRAIGHT QUARTER


After a massive Q4’14 which featured five $100M+ rounds and 82 deals, Q1’15 saw just under $3B raised, up 69% versus the same quarter a year prior. Deals fell for the second straight quarter, however funding was supported by large rounds, as Q1’15 saw over ten $100M+ financings to VC-backed Chinese Tech companies.