DeepSeek Drives Asian Startup Funding Past $16B in Weekly Surge

23 Oct 2026, 3:17 pm · 11h ago · 1 min read · Techloy

Amount

$15B

Asian startups secured over $16.07 billion in venture capital this week, propelled by massive investments across artificial intelligence, autonomous delivery, fintech, robotics, and healthcare. The surge was predominantly driven by Chinese AI company DeepSeek, which closed a reported $15 billion funding round, anchoring China's dominance in regional deal value. Additional venture investments flowed into tech enterprises across Singapore, India, and Vietnam. The blockbuster week highlights intense capital concentration in generative AI and advanced automation, as global investors accelerate backing for foundational AI developers and frontier technology infrastructure across key Asian tech ecosystems.