Six of the 19 companies featured in our map are unicorns valued at $1B or more.
Since 2012, over $285B has been invested across over 11,200+ equity deals to tech startups in Asia and the Pacific region, which stretches from China to New Zealand.
This includes investment in leading tech companies such as payments giant Ant Financial Services Group in China (the most well-funded company on our map), on-demand logistics unicorn company GO-JEK in Indonesia, and Preferred Networks in Japan (the unicorn with the least equity funding on our map).
Using CB Insights data, we identified the most well-funded VC-backed tech startups in the Asia-Pacific region, based on disclosed equity funding. Collectively, the startups on our map have raised nearly $39.5B in disclosed equity funding (as of 9/3/2019).
To give a robust picture of the top tech startups in the region, we include Hong Kong and Taiwan separately from China.
See the full infographic below, and the complete list of startups at the end of this post.
Our analysis excludes debt funding and only considers tech companies that have raised at least $1M of equity funding. Companies included have all raised funding since 2014. We exclude subsidiaries and majority-owned startups. Some regions did not meet these criteria, including Mongolia, Timor-Leste, North Korea, Macau, and others.
Please click to enlarge.
The most well-funded startup across Asia and the Pacific is payments company Ant Financial Services Group in China, with over $19B in total disclosed equity funding.
Six of the 19 companies featured in our map are unicorns valued at $1B+ (all tracked in real-time on the CB Insights global unicorn club tracker): Grab ($14.3B, Singapore), GO-JEK ($10B, Indonesia), Coupang ($9B, South Korea), Olacabs ($6.2B, India), Preferred Networks ($2B, Japan), and Klook ($1B, Hong Kong).
The region is home to 19 countries or regions in which the most well-funded tech startup has raised at least $1M in funding. Five companies have raised more than $1B, and only Ant Financial has raised more than $10B in total equity funding.
The least well-funded startup on the map is Sri Lanka-based oDoc, which has raised $1.1M in seed funding.
|Company||Total equity funding ($M)||Country|
|Ant Financial Services Group||19,145||China|