Mongolia
Asia · Pop. 3.5M · WithinWorldAsia PacificSouth-eastern Asia, Eastern Asia, and OceaniaUpper Middle Income Countries (UN definition)AsiaEast AsiaMongolia
1 Overview
2 Latest quarter
Mongolia's latest quarter in venture capital
Venture capital raised by Mongolia-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Mongolia-headquartered companies…
3 Enterprise value
How much Mongolia’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Mongolia, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
4 VC investment
How much venture capital flows into Mongolia
VC investment into Mongolia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
5 Largest rounds
Largest funding rounds in Mongolia
A live treemap of $15M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Mongolia, grouped by Dealroom sector.
Largest rounds in Mongolia - 2024–2026
6 Location comparison
How Mongolia stacks up
Compare Mongolia with similarly sized ecosystems in Asia — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in Asia ranked by combined EV. Mongolia's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | China | $5.8T | 3.1× | 547 | $34.8B | 25.3K |
| 2 | India | $932B | 7.5× | 138 | $14.1B | 13.9K |
| 3 | Israel | $568B | 5.3× | 136 | $10.7B | 4,978 |
| 4 | South Korea | $433B | 15.2× | 52 | $8.2B | 8,178 |
| 5 | Singapore | $330B | 8.5× | 44 | $4B | 4,134 |
| 6 | Japan | $226B | 5.7× | 23 | $5.1B | 8,015 |
| 7 | Hong Kong | $184B | 13.3× | 20 | $3.1B | 1,301 |
| 8 | United Arab Emirates | $82.3B | 12.1× | 25 | $3.4B | 1,664 |
| 9 | Indonesia | $65.9B | 5.4× | 11 | $485.6M | 1,226 |
| 10 | Türkiye | $52.9B | 15.5× | 10 | $717.2M | 2,097 |
| 11 | Taiwan | $41.8B | 5.5× | 12 | $211.9M | 681 |
| 37 | Mongolia | $48.4M | — | 0 | $3.5M | 21 |
More data
Explore Dealroom data →Get the full Mongolia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.