Technology industry artificial intelligence venture financing deals total $447.8m in Asia-Pacific in September 2022

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The Artificial Intelligence market size was valued at $68.1 billion in 2021. The AI market is expected to grow at a CAGR of more than 14% during the forecast period (2021-2026). Growing popularity of the metaverse and its integration with artificial intelligence is expected to bode well fo

According to GlobalData's deals database, total technology industry Artificial Intelligence Market  venture financing deals worth $447.8 million were announced in Asia-Pacific in September 2022, led by RoboSense's $150 million venture financing.
The value decreased by 60.01 percent when compared to the 12-month average of $1.12 billion and by 55.2% when compared to the $1 billion of the previous month.

In September 2022, Asia-Pacific held a 21.03 percent share of the $2.13 billion in global technology industry artificial intelligence venture financing deals. China dominated the Asia-Pacific artificial intelligence venture financing deal value across the technology sector with a share of 11.42 percent and deals worth $243.22 million.

Asia-Pacific recorded 64 deals for artificial intelligence venture financing in September 2022, a decrease of 1.54 percent from the previous month and 18.99 percent from the 12-month average. China completed 26 transactions in the month.

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Deals for artificial intelligence venture financing in the Asia-Pacific technology industry in September 2022: Top deals In September 2022, the five deals in the technology industry that involved artificial intelligence venture financing made up 54.8% of the total value.

In comparison to the total value of $447.8 million that was recorded for the month, the top five technology artificial intelligence venture financing deals had a combined value of $245.43 million.

GlobalData tracked the top five artificial intelligence venture financing deals in the technology industry in September 2022, which included the following:

1) RoboSense's $150 million venture financing deal with Mirae Asset Securities; 2) Aerodyne Systems Sdn's $30 million venture financing with Petronas Ventures; 3) Signzy Technologies' $26 million venture financing with Arkam Ventures, Gaja Capital Partners, Kalaari Capital, Stellaris Venture Partners India I, and Vertex VenturesAsia India; 4) Seoul Robotics' $25 million venture financing with Access Ventures, Artesian Venture Partners, Future

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