The decline in mega-sized funding rounds has coincided with the US-China trade war, which has dampened sentiment and made investors think twice before they close a deal. Photo: Xinhua

China’s cash-starved unicorns face a bleak winter, as slumping equity markets give venture capital investors the chills

  • Disappointing IPO valuations, dismal share prices are hurting venture capital investors’ returns – and their interest in making mega funding rounds in private companies
  • Investors focused on late-stage companies have slowed mega-sized funding to Chinese tech companies, by as much as 89 per cent during first half
Topic |   Venture capital market

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The decline in mega-sized funding rounds has coincided with the US-China trade war, which has dampened sentiment and made investors think twice before they close a deal. Photo: Xinhua
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