Overall, investors poured $42.8 billion into startup funding rounds across all of Asia in Q2 2026, per Crunchbase data. That's by far the highest quarterly total in more than three years, as charted below. Investment rose sharply at both seed and early stage, driven by megarounds for foundational AI startups. Capital was highly concentrated among a few favored names, with deal counts actually hitting a multiyear low in Q2, even as investment skyrocketed. Artificial intelligence-focused startups scooped up more than 60% of all venture funding to Asia-based startups in Q2. Altogether, those companies pulled in just over $26 billion, by far the highest sum on record. A handful of companies accounted for a big chunk of the total. Of those, China-based large language model developer DeepSeek was the fundraising leader by a wide margin, raising $7.4 billion at a reported $50 billion valuation in June. Overall, Chinese companies pulled in just over $30 billion in venture funding across...
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