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Despite a year of pandemic headwinds and economic recession in all four corners of the world, digital health across the globe captured a record-breaking $25B (all currency in USD) in venture capital funding, which excludes all M&A and IPO activities, up 34% from 2019.
In 2020, the APAC Digital Health ecosystem closed at US$ 6.14B in venture capital funding, 25% higher as compared to 2019. Again, excluding all M&A and IPO deal activities.
Despite venture funding significantly dropping in the first half of the year, the third and fourth quarter of the year represented the largest quarters in history, driven by an increased number of mega rounds in China in the second half of the year. When compared to the previous year, funding value in Series D & beyond stages was up 2.86x, while early stage funding continues to decrease.
We are very pleased to share with you our FY 2020 Asia Pacific Digital Health Ecosystem report: the deep dive, go-to-reference reportage on key digital health ecosystems across the region.
In this report, we focus our analysis on the venture funding key trends, noteworthy deals, exits, partnerships and investors as well as deep dive into five key focus areas for the region in 2020.
