China VC Funding Bucks Global Trend with Surge in 2023, While Investment in Indian and SE Asian Startups Declines

China sees a surge in VC fundraising in 2023, bucking the global downward trend, with robust investment in AI and favorable government policies.

Investment in Indian and Southeast Asian startups has declined in 2023 compared to 2022, with funds raised so far projected to fall short of previous years' levels.

Top sectors for VC investment include AI, Web3, asset tokenization, semiconductors, green technologies, and health technologies.

AI and blockchain are creating fresh investment prospects, with major financial institutions adopting blockchain for applications like tokenized collateral.

Despite cryptocurrency volatility, AI continues strong growth, while experts advise patience as Web3 evolves from the hype phase to maturity.