Total technology industry artificial intelligence venture financing deals worth $1.2bn were announced in Asia-Pacific in August 2021, led by $308m venture financing of Newlinks (Beijing) Technology, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 22.4% over the previous month of $964.01m and a drop of 16.9% when compared with the last 12-month average of $1.42bn.

Asia-Pacific held a 19.77% share of the global technology industry artificial intelligence venture financing deal value that totalled $5.97bn in August 2021. With a 16.42% share and deals worth $980.27m, China was the top country in Asia-Pacific’s artificial intelligence venture financing deal value across technology industry.

In terms of artificial intelligence venture financing deal activity, Asia-Pacific recorded 92 deals during August 2021, marking an increase of 2.22% over the previous month and a rise of 12.20% over the 12-month average. China recorded 55 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Asia-Pacific technology industry artificial intelligence venture financing deals in August 2021: Top deals

The top five technology industry artificial intelligence venture financing deals accounted for 53.4% of the overall value during August 2021.

The combined value of the top five technology artificial intelligence venture financing deals stood at $627.97m, against the overall value of $1.2bn recorded for the month.

The top five technology industry artificial intelligence venture financing deals of August 2021 tracked by GlobalData were:

1) China Merchants Capital Investment and CICC Capital ManagementLimited $308m venture financing deal with Newlinks (Beijing) Technology

2) The $108.05m venture financing of Shukun Technology by China Fund,Chunhua Capital,Future Innovation Fund.,Goldman Sachs Asset Management International Holdings,Jianjie Asia,Marathon Venture Partners,Primavera Capital Group,Ruizhi Capital,Sequoia Capital China Fund,WT Focus and Yuanyi Capital

3) Bank of Communications,Guotai Junan International,Industrial Investment (Beijing) Capital Management,Light Source Capital,Recent Capital and SPDB International $100m venture financing deal with Beijing Dipu Technology

4) The $61.92m venture financing of Geometry Partner by Baidu Ventures,Glory Ventures,Matrix Partners China,Puhua Capital,Silergy and Xiaomi Yangtze River Industry Fund

5) Coatue Management,GGV Jiyuan Capital,Hillhouse Ventures,Jinshajiang Ventures and Red Dot China $50m venture financing deal with Hangzhou Fork Intelligent Technology