Technology industry artificial intelligence venture financing deals total $2.1bn in Asia-Pacific in Q3 2022

Led by $500m venture financing of Black Sesame Intelligent Technology, total technology industry artificial intelligence venture financing deals worth $2.1bn were announced in Asia-Pacific in Q3 2022, according to GlobalData's deals database. Copy and paste the image source into your website to display the chart. The value marked a decrease of 25.5% over the previous quarter and a drop of 42.8% when compared with the last four-quarter average of $3.62bn. Asia-Pacific held a 29.45% share of the global technology industry artificial intelligence venture financing deal value that totalled $7.03bn in Q3 2022. China was the top country in Asia-Pacific's artificial intelligence venture financing deal value across technology industry.