TOKYO -- Startup funding in Asia is shifting to early stage deals as a sharp decline in listed tech stocks keeps investors away from companies close to an initial public offering.
Investors poured $36.3 billion into Asian startups in the first three months of 2022, down 34% from a record $54.7 billion in the October-December quarter of 2021, according to data provider CB Insights. The figure was flat compared to the $36.7 billion in the first quarter of 2021.
