China VC Tracker: China Venture Market In A Downturn With $4.35B Invested In May

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A downturn in China’s venture capital market continued along with the linging epidemic. Only 251 venture deals worth about US$4.35 billion were recorded in the past month, according to China Money Network’s China VC Tracker release today. This data was gradually approaching the trough at the beginning of the COVID-19 outbreak in 2020.

China Money Network

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