The Chonkerton

China And AI Lead Asia’s Startup Funding To Multiyear Peak In Q2

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Asia's startup funding soared to a multiyear high in the second quarter, driven by artificial intelligence. Investors poured forty-two point eight billion dollars into the region's startups, with AI startups capturing more than sixty percent of that. China led the surge: companies there raised over thirty billion dollars, a staggering four hundred twenty-four percent jump year-over-year. The funding was led by China-based DeepSeek, an AI company that raised seven point four billion dollars alone. But there's a striking twist: while capital flooded in, deal counts hit a multiyear low, meaning investors are betting big on just a handful of favored founders.

Source: https://news.crunchbase.com/venture/data-china-ai-lead-as...

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