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Asia leads global VC arena with US$129b in deals for 2018: Preqin

Globally, VC deals hit record US$274b boosted by investments in Chinese unicorns

Sharanya Pillai

Published Sun, Jul 7, 2019 · 09:50 PM

Singapore

ASIA surpassed North America in Venture Capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America's US$113 billion, a report by alternative assets data provider Preqin showed.

Globally, VC deals hit a record of US$274 billion across 14,889 transactions in 2018, according to the 2019 Preqin Global Private Equity and Venture Capital Report. The average deal size was about US$25 million.

Singapore chalked up 227 VC d…

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