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Continent / region

Asia

Continent / region · #4 region by EV

A public taster of the full Asia ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

🦄 New unicorns by year
51
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
620
Company revenue history, 2016-2025
Enterprise value
$8.4T
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Asia

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Asia-headquartered companies, grouped by Dealroom sector.

Largest rounds in Asia - 2026

Every $100M+ VC round into Asia-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Startup funnel

Asia's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
13.7K
Seed
13K
Series A
10.2K
Series B
5,174
Series C
2,714
Unicorn
837
Decacorn
75

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

VC investment

How much venture capital flows into Asia

VC investment into Asia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API. Open the full dashboard →

Country leaders

Which Asia countries raise the most — and grow the fastest

VC investment by country across Asia. Pick a year (the current year is year-to-date) and switch between the biggest markets and the fastest-growing ones.

Notable companies

Top private companies in Asia

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 75
WuXi AppTecCelltrionSMICSHEINBinanceVast DataBaiduRedNoteWizZomatoSungrow Power SupplyMoore ThreadsFlipkartMeituanCoupangNetEasePDD HoldingsSea GroupCambricon TechnologiesXiaomi
Unicorns $1B+ valuation 837
ShiftOptasiaRedotPayYidu TechChangingeduKuaidi DachePhylion BatteryHyalRouteAihuishouBitDeerBoss ZhipinPeakDealShareCiDiTorqLashou.comAibeeJollyChicLightwheelRoboSense+817 more
Thoroughbreds+ $100M+ revenue 620
JD.comAlibabaBYDTencentXiaomiPDD HoldingsCATLMeituanCoupangDiDiWiwynnHuaqin Communication TechnologySea GroupNew China Life InsuranceKuaishouRakutenBaiduNetEaseLi AutoKe.com

Academia

Asia's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Asia.

University ranking By alumni-founded unicorns & companies
# University City Unicorns Companies
1 🇨🇳Tsinghua University Beijing 200 785
2 🇮🇱Tel Aviv University Tel Aviv 130 3,682
3 🇨🇳Peking University Beijing 130 542
4 🇮🇱Technion – Israel Institute of Technology Haifa 120 2,204
5 🇮🇳IIT Bombay Mumbai 90 1,754
6 🇮🇳IIT Delhi New Delhi 75 931
7 🇮🇱Hebrew University of Jerusalem Jerusalem 60 1,740
8 🇮🇳Indian Institute of Science (IISc) Bengaluru 28 345
Unlock the full university ranking for Asia on Dealroom

Location comparison

How Asia stacks up

Compare Asia with peers from other continents / multi-country regions — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$44.1T
$31.5T
Asia
$8.9T
$4.6T
$3.8T

Combined enterprise value of each ecosystem.

Sector concentration

Where Asia punches above its weight

Sectors in which Asia's share of the global unicorn pool is bigger than its overall share. A 5× over-index means Asia is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🦾 Robotics
1.69×
11 unicorns · 39.3% of global sector
🎓 Edtech
1.47×
13 unicorns · 34.2% of global sector
1.27×
26 unicorns · 29.5% of global sector
🛡️ Cybersecurity
1.21×
26 unicorns · 28.3% of global sector
1.16×
7 unicorns · 26.9% of global sector
🥗 Food
1.07×
14 unicorns · 25.0% of global sector
❤️‍🩹 Health Tech & Medtech
0.76×
25 unicorns · 17.6% of global sector
0.64×
26 unicorns · 14.9% of global sector

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Asia dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Asia's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Asia's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Asia's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Asia's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Asia
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Asia
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full Asia ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.