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摘要: Artificial intelligence
Quarterly and annual reports
Regional
Robotics
Seed funding
Startups
China Leads Asia’s Startup Funding To Its Highest Level In More Than 3 Yea...
正文
Artificial intelligence
Quarterly and annual reports
Regional
Robotics
Seed funding
Startups
China Leads Asia’s Startup Funding To Its Highest Level In More Than 3 Years
Joanna Glasner
April 13, 2026
Joanna Glasner
jglasner
Asia’s startup funding swung higher in the first quarter of this year, boosted by a rebound in Chinese venture investment.
Overall, investors put $27.4 billion to work across seed- through growth-stage financings for Asian companies in Q1, per Crunchbase data. That’s up about 20% from the prior quarter and nearly double year-ago levels.
Total funding also hit its highest level in more than three years, as charted below.
Funding went to bigger rounds, not more of them. Per Crunchbase data, deal counts were flat with the prior quarter and up incrementally from prior year levels. In general, deal counts haven’t fluctuated widely from quarter to quarter over the past few years, as seen in the chart below.
Table of contents
Most gains go to China
Funding rose across stages, with most going to later stage
Early stage was strong too
Seed also showed an upswing
A record quarter for AI
Looking up
Methodology
Glossary of funding terms
Most gains go to China
An estimated $16.5 billion — or 60% of all Asian startup funding — went to China-based startups in Q1. It was also the third consecutive quarter for increased Chinese venture funding, which hit a multiyear low in the first half of 2025.
AI funding drove the gains in China. The quarter’s largest rounds all went to AI-focused companies, including foundational model startup
, agentic AI company
Moonshot AI
, and AI-enabled robot developer
Galaxy Bot
.
After China, the next-largest venture funding recipient in Asia was India, with $3.8 billion in reported Q1 investment, the highest number in the past four quarters. A big chunk of the funding went to the quarter’s largest equity round, a $600 mi
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