Sluggish Q4 slows down Chinese startup fundraising in 2023 to $50.5b

Sluggish Q4 slows down Chinese startup fundraising in 2023 to $50.5b

Photo: Nuno Alberto/ Unsplash.com

2023 was a year in which the private equity (PE)-venture capital (VC) scene in Greater China got mired in geopolitical tensions and macroeconomic uncertainties, especially in the final quarter, when startup fundraising fell to its lowest level since the start of the pandemic.

Edited by: Pramod Mathew