China Deal Review: Slowdown continues in Feb, but interest in chip investments sustains

Photo by Adi Goldstein on Unsplash

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%.

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