Asian venture capital activity slows amid US tariff uncertainty

Investors increasingly cautious as deals shift toward supply chains and manufacturing

20251003 asia notes

Deal value in Asia for the first three quarters of 2025 reached $48.9 billion, just over half the amount of investments made last year, according to PitchBook's latest data. (Photo by Akira Kodaka)

PAK YIU

NEW YORK -- Asian venture capital dealmaking has slowed down so far this year, as the region faces liquidity shortages and extended uncertainty due to volatile U.S. tariff policies and broader market conditions.

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