{"id":3980,"date":"2024-07-15T06:34:22","date_gmt":"2024-07-15T06:34:22","guid":{"rendered":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/?page_id=3980"},"modified":"2024-07-15T06:43:47","modified_gmt":"2024-07-15T06:43:47","slug":"report-china-june-2024","status":"publish","type":"page","link":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-china-june-2024\/","title":{"rendered":"China Deals Barometer Report: Startup funding declines 41% YoY in June as investor caution continues"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3980\" class=\"elementor elementor-3980\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-335ebad elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"335ebad\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ea7c338\" data-id=\"ea7c338\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1364919 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1364919\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-13b7cfd\" data-id=\"13b7cfd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ea5f09d elementor-widget elementor-widget-heading\" data-id=\"ea5f09d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Greater China Deals Barometer Report: Startup funding declines 41% YoY in June as investor caution continues<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8de46ee elementor-widget elementor-widget-image\" data-id=\"8de46ee\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2186\" height=\"1450\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June.png\" class=\"attachment-full size-full wp-image-3974\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June.png 2186w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June-300x199.png 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June-1024x679.png 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June-768x509.png 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June-1536x1019.png 1536w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/Greater-China-June-2048x1358.png 2048w\" sizes=\"(max-width: 2186px) 100vw, 2186px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-7d12ea3\" data-id=\"7d12ea3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4917e57 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4917e57\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-9dcc1b5 h-100\" data-id=\"9dcc1b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ee0a9a7 elementor-widget elementor-widget-text-editor\" data-id=\"ee0a9a7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>By <a href=\"#\">Stephanie Li<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b73541 elementor-widget elementor-widget-text-editor\" data-id=\"7b73541\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>July 09, 2024<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-158dfd0 elementor-widget elementor-widget-html\" data-id=\"158dfd0\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"card-footer bg-white div-social-icons d-print-none\">\r\n    <ul class=\"nav\">\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-facebook-f\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-twitter\"><\/i><\/a>\r\n        <\/li>\r\n\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\"><i class=\"fa fa-envelope\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <div class=\"dropdown-social\">\r\n                <a class=\"nav-link dropdown-toggle\" type=\"button\" id=\"dropdownMenuButton1\" data-bs-toggle=\"dropdown\" aria-expanded=\"false\"><i class=\"fa fa-share-alt\"><\/i><\/a>\r\n                <div class=\"dropdown-menu dropdown-menu-right\" aria-labelledby=\"dropdownMenuButton1\">\r\n                    <a href=\"#\" target=\"_blank\"><i class=\"fa fa-reddit-alien fa-2x\"><\/i><\/a>\r\n                    <a href=\"#\" target=\"_blank\"><i class=\"fa fa-linkedin fa-2x\"><\/i><\/a>\r\n                    <a href=\"#\" target=\"_blank\" data-action=\"\/share\/whatsapp\/share\"><i class=\"fa fa-whatsapp fa-2x\"><\/i><\/a>\r\n                <\/div>\r\n            <\/div>\r\n        <\/li>\r\n\r\n    <\/ul>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-4a06ee4 less-content\" data-id=\"4a06ee4\" data-element_type=\"column\" id=\"showContent\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e65b0f7 elementor-widget elementor-widget-text-editor\" data-id=\"e65b0f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Startup financing in Greater China logged a 41% year-on-year (YoY) decline in June as macro uncertainties, geopolitical tensions, and a tepid exit landscape continue to dampen investor interest.\u00a0\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In June 2024, privately held companies headquartered in mainland China, Hong Kong, Macau, and Taiwan raised nearly $2.8 billion through the completion of 157 deals compared to $4.8 billion across 231 transactions in the corresponding period last year, according to proprietary data compiled by DealStreetAsia.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">June saw a month-on-month (MoM) uptick of 14.8% in deal value thanks to the completion of seven megadeals or investments worth at least $100 million. However, deal volume continued to slide since April 2024, down by 9.2% MoM.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Overall, the first half of 2024 saw the completion of 1,140 venture deals raising $29.1 billion. Venture investors pledged 13.5% more capital in H1 2024, although the deal count was 9% less than the same time last year.\u00a0<\/span><\/p><p><img decoding=\"async\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/07\/June_MoM-scaled-e1720421183311.jpg\" alt=\"\" width=\"2470\" height=\"1450\" \/><\/p><h3><strong>Megadeals dominate startup funding scene<\/strong><\/h3><p><span style=\"font-weight: 400;\">Megadeals emerged as a major contributor securing almost $1.8 billion via seven transactions, accounting for 62.1% of the total deal value.<\/span><\/p><p><span style=\"font-weight: 400;\">Regional Link Telecom Services Holdings, the copper and fibre connection access service arm under Hong Kong\u2019s major telecom group PCCW, sealed the biggest deal of the month after China Merchants Capital announced its plans to acquire a <\/span><a href=\"https:\/\/www.dealstreetasia.com\/stories\/china-merchants-capital-pccw-401538\"><span style=\"font-weight: 400;\">40% stake<\/span><\/a><span style=\"font-weight: 400;\"> in the fiber unit for $870 million.<\/span><\/p><p><span style=\"font-weight: 400;\">The second-largest deal of the month was <\/span><a href=\"https:\/\/www.dealstreetasia.com\/stories\/chinas-space-pioneer-closes-207m-round-to-mass-produce-heavy-lift-rockets-399048\"><span style=\"font-weight: 400;\">Space Pioneer<\/span><\/a><span style=\"font-weight: 400;\">, which pocketed over 1.5 billion yuan ($207 million) in a Series C+ round of financing to advance its product portfolio including medium and large liquid launch vehicles and rocket engines.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In another megadeal, <\/span><a href=\"https:\/\/www.dealstreetasia.com\/stories\/youibot-series-c-400222\"><span style=\"font-weight: 400;\">Youibot Robotics<\/span><\/a><span style=\"font-weight: 400;\">, which develops autonomous mobile robots (AMRs) and automation solutions, completed its Series C funding round, counting Hefei Dongcheng Industry Investment, a state capital investor in Hefei City in eastern China, among investors.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The remaining megadeals are scattered across automobile, aerospace, biotech, and semiconductor industries.\u00a0<\/span><\/p><p><img decoding=\"async\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/07\/Screenshot-2024-07-07-at-9.42.15\u202fPM.png\" alt=\"\" width=\"2870\" height=\"1550\" \/><\/p><p><span style=\"font-weight: 400;\">Series A and earlier funding stages dominated the deal count. At 85, early-stage deals accounted for\u00a0 54.1% of the total deal count while collectively raising $579.4 million, or 20.2% of the total startup funding.\u00a0\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In the largest Series A fundraising, KargoBot, an autonomous driving startup developing eco-friendly robo trucks \u2014 incubated by China\u2019s largest ride-hailing company Didi Global \u2014 raised 600 million yuan ($82.6 million) to speed up the mass adoption and commercialisation of its Level 4 self-driving technologies designed for a truck fleet.<\/span><\/p><p><span style=\"font-weight: 400;\">Late-stage deal-making activity stayed sluggish, with only one deal being sealed at Series E or after.\u00a0<\/span><\/p><h3 style=\"text-align: center;\"><strong>List of megadeals (June 2024)<\/strong><\/h3><p style=\"text-align: center;\">\n<table id=\"tablepress-117\" class=\"tablepress tablepress-id-117\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\">Startup<\/th><th class=\"column-2\">Headquarters<\/th><th class=\"column-3\">Investment size (Million USD)<\/th><th class=\"column-4\">Unspecified size<\/th><th class=\"column-5\">Investment stage<\/th><th class=\"column-6\">Lead investor(s)<\/th><th class=\"column-7\">Other investor(s)<\/th><th class=\"column-8\">Industry\/Sector<\/th><th class=\"column-9\">Vertical<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">Regional Link Telecom Services Holdings Limited<\/td><td class=\"column-2\">Hong Kong<\/td><td class=\"column-3\">870<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">Equity Financing<\/td><td class=\"column-6\">China Merchants Capital<\/td><td class=\"column-7\"><\/td><td class=\"column-8\">Telecoms<\/td><td class=\"column-9\">N\/A<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">Space Pioneer\/Tianbing Technology<\/td><td class=\"column-2\">Beijing<\/td><td class=\"column-3\">207<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">C+<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">Liangxi Technology and Innovation Industry Fund-of-Funds (managed by Broad Vision Fund), Wuxi Industry Development Group, CMG Media Convergence Industry Investment Fund, and others<\/td><td class=\"column-8\">Aerospace<\/td><td class=\"column-9\">Space Tech<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">Youibot Robotics<\/td><td class=\"column-2\">Hefei<\/td><td class=\"column-3\">193<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">C<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">Hefei Dongcheng Industry Investment<\/td><td class=\"column-8\">Logistics &amp; Distribution<\/td><td class=\"column-9\">Robotics &amp; Drones<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n\t<td class=\"column-1\">LeeKr Technology<\/td><td class=\"column-2\">Shanghai<\/td><td class=\"column-3\">137.8<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">C<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">Hangzhou Fuchunwan Xincheng Development Fund, CyberNaut, Hefei Construction Investment and Holding, Hefei Baohe Linghang Fund, and others<\/td><td class=\"column-8\">Automobiles &amp; Parts<\/td><td class=\"column-9\">Electric\/Hybrid Vehicles<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n\t<td class=\"column-1\">MinoSpace Technology<\/td><td class=\"column-2\">Beijing<\/td><td class=\"column-3\">137.7<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">C1<\/td><td class=\"column-6\">Wuxi Economic Development Zone Shangxian Industry Investment Fund (managed by SIP Oriza PE Fund Management)<\/td><td class=\"column-7\">Liangxi Technology and Innovation Industry Fund-of-Funds (managed by Broad Vision Funds), Qingdao Huizhu Anfulan <\/td><td class=\"column-8\">Aerospace<\/td><td class=\"column-9\">Space Tech<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n\t<td class=\"column-1\">Starshine Semiconductor<\/td><td class=\"column-2\">Wenzhou<\/td><td class=\"column-3\">137.6<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">B<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">China Mobile, Wenzhou Wanxin District Industry Investment Platform <\/td><td class=\"column-8\">Semiconductor<\/td><td class=\"column-9\">N\/A<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n\t<td class=\"column-1\">METiS Pharmaceuticals<\/td><td class=\"column-2\">Hangzhou<\/td><td class=\"column-3\">100<\/td><td class=\"column-4\"><\/td><td class=\"column-5\">C <\/td><td class=\"column-6\">CICC Capital<\/td><td class=\"column-7\">Taiping Hong Kong Insurance Innovation and Technology Venture Fund (affiliated with China Taiping Insurance Group)<\/td><td class=\"column-8\">Biotech<\/td><td class=\"column-9\">HealthTech<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-117 from cache --><\/p><h3><span style=\"font-weight: 400;\"><strong>Aerospace startups rise to prominence<\/strong>\u00a0<\/span><\/h3><p><span style=\"font-weight: 400;\">Aerospace startups have been riding on tailwinds in June as the country further pushes the so-called \u201clow-altitude economy\u201d &#8211; driven by the range of manned and unmanned aviation activities.<\/span><\/p><p>Shanghai-based eVTOL aircraft developer <a href=\"https:\/\/www.dealstreetasia.com\/stories\/china-digest-volant-tesseract-399621\">Volant Aerotech<\/a> is one of the firms tapping into the low-altitude economy. The firm sealed another nine-digit funding round bringing its total fundraising this year to at least 300 million yuan ($41.4 million).<\/p><p><span style=\"font-weight: 400;\">June recorded two megadeals in the space tech sector with Space Pioneer\u2019s Series C+ round and satellite manufacturer <\/span><a href=\"https:\/\/www.dealstreetasia.com\/stories\/minospace-series-c1-round-401197\"><span style=\"font-weight: 400;\">MinoSpace Technology<\/span><\/a><span style=\"font-weight: 400;\">\u2019s Series C1 round.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">MinoSpace Technology completed the fifth-largest megadeal of June &#8211; securing a total of 1 billion yuan ($137.7 million) in a round led by the Wuxi Economic Development Zone Shangxian Industry Investment Fund.<\/span><\/p><p><span style=\"font-weight: 400;\">The two megadeals contributed to 82.2%, or $344.7 million of the total aerospace funding of the month. Overall, a total of 11 aerospace startups raised $419.2 million in June.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Semiconductor startups sealed the most deals in June, with the completion of 30 deals raising a total of $262.5 million. Thanks to China Merchants Capital\u2019s 40% stake acquisition at Regional Link, telecom emerged as the most-invested sector by deal sum.\u00a0<\/span><\/p><p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/07\/June_By-Industry-scaled-e1720421398351.jpg\" alt=\"\" width=\"2487\" height=\"1600\" \/><\/p><h3><span style=\"font-weight: 400;\"><strong>Qiming is the most active investor<\/strong>\u00a0<\/span><\/h3><p><span style=\"font-weight: 400;\">Venture capital major Qiming Venture Partners was the most active investor of the month in terms of deal count. The firm splurged a total of $138.4 million across four startups.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Founded in 2006, Qiming, which manages 11 US dollar funds and seven RMB funds with $9.5 billion in capital raised, invests in early- and growth-stage opportunities across the technology and consumer and healthcare industries, according to its website.\u00a0\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">State-owned China Merchant Group topped the investor list in terms of deal value mostly thanks to its investment into the copper and fibre connection access service arm under the telecom group controlled by Hong Kong billionaire Richard Li.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The month also saw US-headquartered Matrix Partners rebranding its China unit from Matrix Partners China to MPC, making it one of the latest China-focused VC firms to shed its Silicon Valley lineage.\u00a0<\/span><\/p><h3 style=\"text-align: center;\"><strong>Most active investors in China (June 2024)<\/strong><\/h3><p style=\"text-align: center;\">\n<table id=\"tablepress-116\" class=\"tablepress tablepress-id-116\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\">Investment company<\/th><th class=\"column-2\">No. of deals<\/th><th class=\"column-3\">Total value of participated deals (Million USD)<\/th><th class=\"column-4\">Lead<\/th><th class=\"column-5\">Non-lead<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">Qiming Venture Partners<\/td><td class=\"column-2\">4<\/td><td class=\"column-3\">$138.4<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">3<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">Wuxi Venture Capital Group<\/td><td class=\"column-2\">3<\/td><td class=\"column-3\">$44.3<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">2<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">CICC Capital <\/td><td class=\"column-2\">3<\/td><td class=\"column-3\">$114<\/td><td class=\"column-4\">3<\/td><td class=\"column-5\">0<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n\t<td class=\"column-1\">Oriza Holdings &amp; its affiliates <\/td><td class=\"column-2\">3<\/td><td class=\"column-3\">$153.2<\/td><td class=\"column-4\">2<\/td><td class=\"column-5\">1<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n\t<td class=\"column-1\">China Merchants Group &amp; its affiliates<\/td><td class=\"column-2\">3<\/td><td class=\"column-3\">$870<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">2<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n\t<td class=\"column-1\">MiraclePlus<\/td><td class=\"column-2\">3<\/td><td class=\"column-3\">$4.5<\/td><td class=\"column-4\">0<\/td><td class=\"column-5\">3<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n\t<td class=\"column-1\">Shenzhen Capital Group<\/td><td class=\"column-2\">2<\/td><td class=\"column-3\">$15.5<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">1<\/td>\n<\/tr>\n<tr class=\"row-9 odd\">\n\t<td class=\"column-1\">Legend Holdings &amp; its affiliates<\/td><td class=\"column-2\">2<\/td><td class=\"column-3\">$14<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-116 from cache --><\/p><p><em>Note: In our monthly analysis for June 2024, we have put together detailed charts of prominent deals, active investors, deal stages, and the most attractive sectors that bagged the maximum venture dollars in the Greater China region.<\/em><\/p><p><em>Our database only considers deals officially announced by the related investee, investor(s), and financial advisor, while information based on market rumours and news reports citing sources is excluded.<\/em><\/p><p><em>For a more detailed analysis, and to enable comparison between primary and secondary markets, DealStreetAsia has started tracking deals of all sizes since April 2020, as against considering only transactions worth more than $10 million earlier.<\/em><\/p><p><em>We have also introduced a standardised system for industry classification. It currently includes over 50 industries and over 45 new-economy and high-tech verticals, which will progressively increase to adapt to local market conditions in our closely watched regions of Greater China, Southeast Asia, and India.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ceba02c elementor-align-center viewReport elementor-widget elementor-widget-button\" data-id=\"ceba02c\" data-element_type=\"widget\" id=\"viewReportChina\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">View Report<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-b9cb67a\" data-id=\"b9cb67a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4217b58 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4217b58\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-084a1df\" data-id=\"084a1df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-7734347\" 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<\/ul>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-35c6a5f\" data-id=\"35c6a5f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-01e45f9 elementor-section-full_width dealPartner-Section elementor-section-height-default elementor-section-height-default\" data-id=\"01e45f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0e0978e\" data-id=\"0e0978e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e642770 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"e642770\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-8e87de3\" data-id=\"8e87de3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd8be33 cover-fit-img elementor-widget elementor-widget-image\" data-id=\"cd8be33\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.dealstreetasia.com\/partner-content\/virtual-dealmaking-dfin-peter-mcmillan\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"587\" height=\"444\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1.jpg\" class=\"attachment-full size-full wp-image-73\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1.jpg 587w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1-300x227.jpg 300w\" sizes=\"(max-width: 587px) 100vw, 587px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-1d2c537\" data-id=\"1d2c537\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-007b2a6 elementor-widget elementor-widget-heading\" data-id=\"007b2a6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">\u2018In an era of virtual dealmaking, stakeholders tend to be more transparent\u2019 \u2013 DFIN\u2019s Peter McMillan<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d6737 elementor-widget elementor-widget-text-editor\" data-id=\"b9d6737\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Over half the deals in the next 3 months will be hosted virtually according to 79% of the respondents in DFIN&#8217;s DealMaker Meter Survey. Peter McMillan, Head of Sales for APAC at DCIN speaks of the advantages of virtual dealmaking as well as the pitfalls to be avoided, in an exclusive interview with DealStreetAsia<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d548f4d elementor-widget elementor-widget-button\" data-id=\"d548f4d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.dealstreetasia.com\/partner-content\/virtual-dealmaking-dfin-peter-mcmillan\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Article 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elementor-section-height-default\" data-id=\"8c31d82\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ca1ef33\" data-id=\"ca1ef33\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-3a97726\" data-id=\"3a97726\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71063ee top-shadow elementor-widget elementor-widget-image\" data-id=\"71063ee\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.dfinsolutions.com\/?utm_source=marketing&#038;utm_medium=Paid-Displayt&#038;utm_offer=Website-Form&#038;utm_touch=DealStreetAsia-barometer-ads&#038;utm_content=from-idea-to-ipo&#038;utm_campaign=2021_Q3_APAC_GCM_PaidContent_Barometer&#038;sfcampid=7013b000001ZRmHAAW\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024.jpg\" class=\"attachment-full size-full wp-image-3851\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024.jpg 1920w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-300x169.jpg 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-1024x576.jpg 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-768x432.jpg 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-1536x864.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-8c271e5\" data-id=\"8c271e5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2419d01 elementor-section-full_width elementor-section-content-middle elementor-section-height-default elementor-section-height-default\" data-id=\"2419d01\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a001c65\" data-id=\"a001c65\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d22c21 elementor-widget elementor-widget-image\" data-id=\"8d22c21\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"393\" height=\"528\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox.png\" class=\"attachment-full size-full wp-image-174\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox.png 393w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox-223x300.png 223w\" sizes=\"(max-width: 393px) 100vw, 393px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7cb9fea\" data-id=\"7cb9fea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4668d96 elementor-widget elementor-widget-heading\" data-id=\"4668d96\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div 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.elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9e3bb95 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"9e3bb95\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e3d59d4\" data-id=\"e3d59d4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c87a6e elementor-widget elementor-widget-text-editor\" data-id=\"0c87a6e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Venture Capital<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7866b92 elementor-position-left related-box elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"7866b92\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image-box .elementor-image-box-content{width:100%}@media (min-width:768px){.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper,.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{display:flex}.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{text-align:right;flex-direction:row-reverse}.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper{text-align:left;flex-direction:row}.elementor-widget-image-box.elementor-position-top .elementor-image-box-img{margin:auto}.elementor-widget-image-box.elementor-vertical-align-top .elementor-image-box-wrapper{align-items:flex-start}.elementor-widget-image-box.elementor-vertical-align-middle .elementor-image-box-wrapper{align-items:center}.elementor-widget-image-box.elementor-vertical-align-bottom .elementor-image-box-wrapper{align-items:flex-end}}@media (max-width:767px){.elementor-widget-image-box .elementor-image-box-img{margin-left:auto!important;margin-right:auto!important;margin-bottom:15px}}.elementor-widget-image-box .elementor-image-box-img{display:inline-block}.elementor-widget-image-box .elementor-image-box-title a{color:inherit}.elementor-widget-image-box .elementor-image-box-wrapper{text-align:center}.elementor-widget-image-box .elementor-image-box-description{margin:0}<\/style><div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-se-asia-june-2024\/\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"551\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/singapore.jpg\" class=\"attachment-full size-full wp-image-3972\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/singapore.jpg 980w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/singapore-300x169.jpg 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/singapore-768x432.jpg 768w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><\/a><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-se-asia-june-2024\/\">SEA Deals Barometer Report: Startup fundraising falls 11% in June as investors sign smaller cheques<\/a><\/h3><p class=\"elementor-image-box-description\"><p style=\"margin-bottom: 20px; font-family: Mate; font-size: 18.75px; line-height: 28px; color: rgb(0, 0, 0); white-space-collapse: collapse; background-color: rgb(255, 255, 255);\">Startup funding in Southeast Asia dipped in June, after hitting a five-month high in May, in another reminder of the stubborn challenges that persist in private capital fundraising in the region.<span style=\"font-size: 1.125rem; color: rgb(61, 61, 74); font-family: Mate, sans-serif; white-space-collapse: preserve; background-color: rgb(242, 251, 255);\"><\/span><\/p><\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fd78531\" data-id=\"fd78531\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-97ed822 elementor-widget elementor-widget-text-editor\" data-id=\"97ed822\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Venture Capital<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5341de7 elementor-position-left related-box elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"5341de7\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-india-june-2024\/\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"1914\" height=\"1070\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June.png\" class=\"attachment-full size-full wp-image-3975\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June.png 1914w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June-300x168.png 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June-1024x572.png 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June-768x429.png 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/07\/India-June-1536x859.png 1536w\" sizes=\"(max-width: 1914px) 100vw, 1914px\" \/><\/a><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-india-june-2024\/\">India Deals Barometer Report: Startup funding in June crosses $2b for first time in two years<\/a><\/h3><p class=\"elementor-image-box-description\">The funding winter that beset India\u2019s startup landscape is showing signs of thawing. The month of June saw private funding for local startups cross the $2-billion mark for the first time in two years, finds data compiled by DealStreetAsia.\n\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Greater China Deals Barometer Report: Startup funding declines 41% YoY in June as investor caution continues By Stephanie Li July 09, 2024 Startup financing in Greater China logged a 41% year-on-year (YoY) decline in June as macro uncertainties, geopolitical tensions, and a tepid exit landscape continue to dampen investor interest.\u00a0\u00a0 In June 2024, privately held [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3974,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-parts\/elementor-sidebar-template.php","meta":{"footnotes":""},"deals-type":[],"class_list":["post-3980","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/comments?post=3980"}],"version-history":[{"count":11,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3980\/revisions"}],"predecessor-version":[{"id":4000,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3980\/revisions\/4000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/media\/3974"}],"wp:attachment":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/media?parent=3980"}],"wp:term":[{"taxonomy":"deals-type","embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/deals-type?post=3980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}