China venture capital hits record US$131bil
New opportunities arise despite crackdown
Source: thestar.com.my
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China Venture Funding Hits Record $131 Billion Despite Crackdown
(Bloomberg) -- When China’s government launched a sweeping crackdown on the technology industry over the summer, panicky venture capital investors stopped writing checks and startup valuations began to plummet. It looked like the country’s historic innovation boom was over.
Source: bloombergquint.com
China venture funding hits record $131 billion despite crackdown
Entrepreneurs and venture firms have turned away from softer internet businesses and toward hard-core technologies like semiconductors, robotics and enterprise software.
Source: japantimes.co.jp