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Asia Funding Limps Along, Hits Lowest Level Since 2015

Despite a slight resurgence across the global venture funding landscape, Asia seems to be left behind. The region suffered its worst quarter for venture funding since the final quarter of 2015, with Asia-based startups raising only $14.6 billion — a 24% decline from Q1 and a 32% dropoff year to year. In addition, deal volume in the region continues to decline, with only 1,511 funding deals announced in Q2. That number represents a 15% drop from Q1 and a more pronounced 27% fall from Q2 last year...

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