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Smart farm and Automatic robot mechanical arm harvesting vegetables
Vithun Khamsong | Moment | Getty Images
According to KPMG, venture capital funding in the Asia-Pacific region dropped to $20.3 billion in the third quarter of 2023, lowest since the first quarter of 2017. In the second quarter, VC funding in the region stood at $24.2 billion.
Globally, too, investment and deal volumes have hit multi-year lows. Global VC investment in the third quarter was at its lowest level since the third quarter of 2016, while deal volumes were at their…