Over 1300 Asia-based AI startups have raised more than $26B since 2015. In this interactive report built with CB Insights Stories, we dive into the AI startup ecosystem in Asia, while shining a light on the impact of the Covid-19 outbreak.
Stories is CB Insights’ interactive presentation builder, which helps you create stunning market landscapes and always fresh data visualizations — so you can tell beautiful, data-driven stories.
In Q1’20, deals to Asia-based AI startups declined for the second consecutive quarter after a record Q3’19. Exits hit a 9-quarter low, despite countries in the region doubling down on AI-enabled solutions to fight the Covid-19 pandemic.
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At the same time, US big tech companies continue to make huge bets in Asia, including Intel’s 2 recent $900M+ AI acquisitions. AI hubs are also rapidly emerging outside China, including in India, which surpassed all other Asian countries in AI M&A last year.
