Corporate venture capital deal share in Asia close to overtaking North America
Asia drew 38% of all deals in 2018, up from 31% in 2017; North America fell 7 percentage points to low of 41%
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Claudia Chong
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Singapore
GLOBAL corporate venture capital (CVC) deal activity reached a historic high in 2018, with Asia close to overtaking North America's deal share, according to a report by CB Insights.
Asia attracted 38 per cent of all CVC deals in 2018, up from 31 per cent in 2017, while North America's deal share receded 7 percentage points to an all-time low of 41 per cent. This came on the back of global CVC funding surging 47 per cent from 2017 to US$53 billion, across 2,740 deals.
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