Greater China Deal Review: Q3 2022

Startups in Greater China raised $15.1 billion in July-September 2022, down 34.7% from the same period last year. The deal count of 690 in the quarter, meanwhile, was the highest ever recorded since we started tracking this market in late 2019. Risk-averse investors shied away from making big bets on near-IPO companies, leading to a surge in small-ticket deals in the early stages at the expense of late-stage fundraisings. Access our latest report for the details and the story behind the numbers.