Asia Venture Funding Mixed in Q3 - Big Gains in China Offset by Drops in India, Korea

Venture funding in China saw a 20% increase in Q3 2022 compared to Q2, driven by large rounds in EV, semiconductor, and other companies.

Israel also had its best venture funding quarter since Q3 2021, with over $1.4B raised, including large rounds in cybersecurity and AI.

However, funding declined significantly in India and South Korea, by 34% and 40% respectively compared to last quarter.

Overall, Asia venture funding was still down 8% compared to Q3 2021, but up 8% from Q2 2022.

Key sectors driving investment in the region are semiconductors, AI, EVs, and cybersecurity.