China Deal Review: PE-VC dealmaking has a slow start to the year after frenetic December

Hong Kong. Source: Robert Bye/Unsplash

Private equity and venture capital firms in China took a breather in January, after the hectic dealmaking activity witnessed in end-2020.

Chinese startups collected almost $7.5 billion in January 2021, down 17.6% from December, according to proprietary data compiled by DealStreetAsia. The number of investments also reduced by 25.1% month-on-month to 143, of which financial terms of 12 deals were undisclosed.

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