China Deal Review: Venture fundraising hits nine-month low of $2.9b in Feb

China Deal Review: Venture fundraising hits nine-month low of $2.9b in Feb

Chongqing. Image by Sydney Tsang from Unsplash.

Privately-held firms headquartered in mainland China, Hong Kong, Macau, and Taiwan raised a meagre $2.9 billion from venture investors in February. The fundraising value, down 12.5% month-on-month (MoM), was the lowest since May 2023.

Edited by: Pramod Mathew