China Deal Review: Unfazed by regulatory action, PE-VC funding rises 11.6% to $7b in July

China Deal Review: Unfazed by regulatory action, PE-VC funding rises 11.6% to $7b in July

Hong Kong. Photo by Ruslan Bardash on Unsplash

Financing into Greater China-based startups in July 2021 stood at $7 billion — up 11.6% from the previous month, as investors seem unfazed by Beijing’s actions against homegrown tech giants that have made the market riskier.

Private equity (PE) and venture capital (VC) firms made at least 177 investments across mainland China, Hong Kong, and Taiwan last month, a 14.9% increase over June when 154 deals were clocked, according to proprietary data compiled by DealStreetAsia.

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