Total technology industry venture financing deals worth $5.8bn were announced in Asia-Pacific in March 2022, led by $204.17m venture financing of Soterea, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 18.6% over the previous month of $7.14bn and a drop of 21.3% when compared with the last 12-month average of $7.38bn.

Asia-Pacific held a 22.53% share of the global technology industry venture financing deal value that totalled $25.79bn in March 2022. With a 10.28% share and deals worth $2.65bn, China was the top country in Asia-Pacific’s venture financing deal value across technology industry.

In terms of venture financing deal activity, Asia-Pacific recorded 549 deals during March 2022, marking an increase of 22.82% over the previous month and a rise of 21.19% over the 12-month average. China recorded 209 deals during the month.

Asia-Pacific technology industry venture financing deals in March 2022: Top deals

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

The top five technology industry venture financing deals accounted for 13.8% of the overall value during March 2022.

The combined value of the top five technology venture financing deals stood at $802.54m, against the overall value of $5.8bn recorded for the month.

The top five technology industry venture financing deals of March 2022 tracked by GlobalData were:

1) Harvest Fund Management,Henan Investment Group,Ping An Capital and SK China $204.17m venture financing deal with Soterea

2) The $200m venture financing of Oxyzo Financial Services by Alpha Wave Ventures,Creation Investments,Matrix Partners,Norwest Venture Partners and Tiger Global Management

3) IDG Capital and OPPO $156.84m venture financing deal with Shenzhen Holatek

4) The $121m venture financing of Insider by 212,Endeavor Catalyst,Esas Holding,Qatar Investment Authority,Riverwood Capital,Sequoia Capital Operations and Wamda Capital

5) CMST Development,Jiangsu Zhenjiang New Energy Equipment,Mixed Ownership Reform Fund and Yuegao Capital Investment (Hengqin) $120.53m venture financing deal with China Reserve Nanjing Smart Logistics Technology