In Q1 2019, Asian technology transactions into Europe & North America reached a total value of USD7.9bn, with 29 deals announced and 28 deals closed. Japan led the outbound investment, accounting for 28 deals, followed by China with 6 deals. The top sectors for investment were internet software, electronic services, entertainment, media & publishing, and healthcare. The most active investors were SoftBank Vision Fund, Tencent, and Sequoia Capital. The top target sectors were cloud-based human capital management solutions, telematics, and FX and payment platforms. In terms of fundraising, there were 29 deals announced, with a total value of USD3.0bn, and 85 deals closed, with a total value of USD7.9bn. The top investors in fundraising were SoftBank Vision Fund, Tencent, and Sequoia Capital. The top target sectors for fundraising were constellations of satellites to enable internet access, online customs brokerage and freight forwarding services, and co-working spaces.
