Greater China Deal Review: Q2 2021

July 29, 2021

Startups based in Greater China raised nearly $17 billion from PE-VC investors in April-June 2021 — a sign of the market cooling down after frenetic dealmaking activity in the preceding two quarters.

However, Q2 2021 was still more vibrant than the COVID-marred second quarter of 2020 when startups collected only around $9.5 billion. Moreover, in the entire first half of 2021, PE and VC investments amounted to $41.1 billion — an uptick of 7.9% from $38.1 billion in H2 2020.

Meanwhile, IPO activity of Greater China-based firms was buoyant in Q2 2021, with 174 listings collectively raising close to $40 billion. IPOs on US exchanges of Greater China-based firms were also buoyant. However, regulatory uncertainties in China’s tech sector are expected to cloud future listings on Wall Street.

The Greater China Deal Review: Q2 2021 report also gives a detailed analysis of:

  • The top fundraisers in Q2 2021
  • The top sectors that attracted investments
  • Top IPOs in the quarter
  • Outlook for IPOs and fundraising in 2021
  • Insights from prominent investors on China’s regulatory uncertainty

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.