Billion-dollar deals drive Q1 startup funding in Greater China to $20.1b

Billion-dollar deals drive Q1 startup funding in Greater China to $20.1b

Shanghai, China. Photo by Hyunwon Jang on Unsplash

Fundraising by Greater China startups hit a two-year high in the first quarter of 2024, a sign that bodes well for the ailing private investment landscape plagued by the retreat of US investors, prolonged geopolitical risks, and macro market uncertainties.

Edited by: Deepshikha Monga