Analysts and investors predict 2023 will offer more opportunities in Asia, though shaking off the challenges of last year may take time.

Why 2023 could be the best -- and worst -- year for VCs in Asia

Venture capitalists see pickup in deal activity, but expect difficulties in fundraising

YIFAN YU and ECHO WONG, Nikkei staff writers

January 2, 2023 06:02 JST

PALO ALTO, U.S./HONG KONG -- 2022 turned out to be a chaotic year for the world's venture investors as war, political tensions and inflation crimped deal flows, stymied fundraising and delayed public listings. Asia, long a prime target for venture investment, has not been immune.

After a bruising year, analysts and investors predict 2023 will offer more opportunities in the region, though shaking off the challenges of last year may take time.