China Deal Review: Startup funding value drops 42% to $2.7b in April

Photo: Eric Prouzet/Unsplash

Greater China clocked a busy month of dealmaking in April with the completion of 170 venture deals, but the total funding value was down 41.9% from the previous month as smaller-sized, early-stage deals took the bulk of the investments.

Privately held companies raised over $2.7 billion from 170 venture deals during the month. The number of transactions grew 18.1% compared with March, according to proprietary data compiled by DealStreetAsia.

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