News Snapshot:
Chinese Startups Brush Aside COVID-19 Blues To Raise US$37.4bn During January To May 2021, Reveals GlobalData Date 23/06/2021 Despite the COVID-19 pandemic, Chinese startups raised the highest venture capital (VC) funding amount among the Asia-Pacific (APAC) countries during January to May 2021. A total of 1,303 VC funding deals were announced in China during the period as the disclosed funding value of these deals stood at US$37.4bn, according to GlobalData, a leading data and analytics company. An analysis of GlobalDataâs Financial Deals Database reveals that only February witnessing growth in VC funding value while March was the only month to...
