News

Chinese startups lead APAC recovery in VC funding activity during H1 2021, finds GlobalData

July 21, 2021 (Investorideas.com Newswire) Venture capital (VC) investments in Chinese startups, which had witnessed slowdown and volatility in recent years, have started picking up again with US$46.2bn of capital deployed in 1,637 deals during January-June 2021. This is the highest VC funding amount among the Asia-Pacific (APAC) countries during the period, reveals GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that June witnessed growth in VC funding value after declining consecutively for three months while deal volume also showcased an inconsistent trend with February, April and June witnessing growth.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Despite the fluctuating trend, China continues to be the most prolific APAC market. It held the majority share of the APAC VC funding landscape and accounted for close to 50% and 70% of the region’s total deal volume and value, respectively, during H1 2021. The announcement of big-ticket deals also testifies investors’ confidence in the country.”

Some of the notable VC funding deals announced during H1 2021 in China include US$3bn funding raised by Xingsheng Optimal, US$1.5bn capital raised by Horizon Robotics, US$750m capital raised by Beijing Shihui Technology, and US$700m funding in Dingdong Maicai.

For more information

To gain access to our latest press releases: GlobalData Media Centre

Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
Email: [email protected]

Notes to Editors

  • Quotes are provided by Aurojyoti Bose, Lead Analyst at GlobalData
  • Information is based on GlobalData’s Financial Deals Database
  • This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Follow Us on StockTwits

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

Next Article:

0 %