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Digital Health Venture Funding 2023 - APAC

Venture capital funding development in Asia-Pacific (APAC)
Digital Health venture capital funding in Asia-Pacific (APAC) in 2023 reached over $2.87 Billion across 258 deals. This reflects a year-on-year (YoY) decrease of 54% compared to the total venture capital funding in 2022. In comparison to five years ago, total funding has a decrease of 45%.

LaunchVic emerged as the leading investor in APAC, injecting a total of $700.00 Thousand into 10 ventures in 2023.

Regional venture capital funding distribution in APAC
In APAC, China represents approximately 31% of all funding, while India and South Korea contribute 15.12% and 13.95% to the total funding deployed in the region, respectively. Compared to the previous year, funding in China seen a decrease by 56%.

Regional venture capital funding distribution by therapeutic area
In APAC, 52% of the funding volume was allocated to specific therapeutic areas. Ventures with a focus on Disease Agnostic raised a total of $7.2 billion in 2023, followed by Oncology and Womens Health raising $2 billion and $1.4 billion, respectively.
Last Updated: April 25, 2025

Ventures

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