China accounts for three of top five VC funded startups APAC region in 2021


Source: middleeast-business.com middleeast-business.com

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China accounts for three of top five VC funded startups APAC region in 2021 Venture capital (VC) investors are keeping an eye on the startups working in diverse emerging fields across key Asia-Pacific (APAC) markets. Against this backdrop, three of the top five VC funded startups in the region were from China in 2021, reveals GlobalData, a leading data and analytics company An analysis of GlobalData’s ’s Financial Deals Database reveals that the three China-based startups Honeycomb Energy, Horizon Robotics and Leapmotor collectively attracted US$7.4bn VC funding during the year. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Startups active in...