China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters
China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters

VC investment in China’s tech sector down more than 30 per cent in first quarter as coronavirus takes its toll

  • The number of investment deals also fell, from 1,143 in the first quarter last year to 634 in the same period this year, representing a 44.5 per cent decline
  • 336 start-ups in China were forced to cease operation last year, having collectively raised 17.4 billion yuan from investors

Topic |   Venture capital market
China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters
China’s tech sector has seen reduced venture capital investment over the past four months. Photo: Reuters
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