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Chinese Startups Raise Highest VC Funding Across APAC During January To July 2021, Finds GlobalData

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News Snapshot: China’s startup ecosystem, which produced several world-leading companies, has been in the news in the recent past about the impact of the government regulations on the venture capital (VC) market. However, China had a reasonably good H1 2021 despite the uncertain conditions due to the COVID-19 pandemic and regulatory shakeups. Now, GlobalData, a leading data and analytics company, reveals that Chinese startups raised the highest VC funding amount among all the Asia-Pacific (APAC) countries during January to July 2021. An analysis of GlobalData’s Financial Deals Database shows that a total of 2,246 VC funding deals were announced in…

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