Greater China startups saw decent fund flows from private equity (PE) and venture capital (VC) investors, and also a buoyant IPO market, in April-June 2021. Yet, investors are bracing for a tough period ahead amid Beijing’s tightening regulatory scrutiny of the country’s tech giants.
In Q2 2021, nearly $17 billion worth of deals were sealed between startups and PE-VCs, showed data from our latest DATA VANTAGE report Greater China Deal Review: Q2 2021. While this is down 29.7% sequentially, mainly due to the absence of billion-dollar investments, dealmaking was still more vibrant than in COVID-marred Q2 2020 when startups collected only around $9.5 billion
