Greater China saw another month of market slowdown as private equity (PE) and venture capital (VC) investments virtually came to a standstill in the first week of February during the Lunar New Year, leading to a 22.3% decline in deal value following January’s funding withdrawal.
Privately-held companies raised over $3.3 billion through 108 deals in February 2022, according to proprietary data compiled by DealStreetAsia. As compared to $4.3 billion across 111 deals in January, the monthly funding value dropped by 22.3%, while the number of transactions slipped by 2.7%.
