North America (largely driven by the United States) has led all other continents in $100M+ equity financings to tech companies over the past few years (excluding PE rounds). But things are changing. Thus far in 2015, there have been 35 $100M+ rounds in Asia, more than North America’s 32 and Europe’s 8.
Overall 2015 is on pace to smash multi-year highs for nine-figure rounds. In just over 4 months, there have been 75 from the three largest tech continents, versus 107 in all of 2014.
When looking at the cumulative funding, Asia narrowly outpaced North America in 2014 behind $500M+ financings to Xiaomi, Flipkart, Meituan, and others.
Thus far in 2015, North America is slightly ahead in total funding from $100M+ rounds, buoyed by two $1B+ rounds of financing to Uber. Asia, despite a slew of large eCommerce rounds, currently sits at just over $7B in funding, while Europe lags behind at $1.6B, a third of which comes from Delivery Hero’s $563M investment from Rocket Internet.
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