Here’s our first ever quarterly funding report

The first three months of 2016 saw a total of US$17.29 billion invested in 850 tech deals within Asia, according to the Tech in Asia Database.

We’ve taken some time to compile all this data into a comprehensive, 17-page report, covering the most funded countries and industries, the biggest deals, merger and acquisition activity, and other key insights into the trends shaping tech across the region.

Read on to find some of our key, exciting takeaways from the statistics, and download the full report, for free, at the end of the article!

Deals are getting larger

Total investment amount vs number of deals

The tech industry’s total funding tally of US$17.29 billion in Q1 2016 is up 16.7 percent from the quarter prior. It’s the second highest total amount seen in the past year. The fewer number of deals coupled with rising investment volume means that the average deal size is growing significantly.

Of this, more than US$14 billion went to China. Some of the larger funding rounds include China Internet Plus’ round in January, Cainiao’s series A round in March, and JD Finance’s series A round in January.

Ecommerce industry leads the way

Startups in the ecommerce industry attracted the highest funding amount and the greatest number of deals.

Logistics and transportation came in second, primarily from massive rounds raised by Uber’s China subsidiary and its arch-rival Didi Kuaidi. Alibaba spin-off Cainiao, which helps speed up the delivery of online purchases, also got a big pile of cash.

500 Startups the most active VC

US-based venture capital firm 500 Startups made close to 30 investment deals in Asia last quarter. The deals were made with startups based in China, Japan, South Korea, and Southeast Asia. Some of its portfolios this quarter include India’s KartRocket, Malaysia’s KFit, and Singapore’s Xfers.

63 exits

Of the total exits achieved last quarter, 55 startups were acquired while the remaining eight went for an initial public offering (IPO). Six out of eight startups that went public are China-based. The remaining two are based in Japan.

Get the juicy details

Want to know what else went down last quarter? Get the complete Asia Tech Investment Report Q1 2016 by filling in the very simple form below, and we’ll drop you a note with a link to the full report. Let us know your thoughts on this report in the comments below!