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Listen: China Money Podcast: A $700 Million Series A, Biden Shuts Out Huawei, Inner Mongolia Halts Crypto and Over 70 PE/VC Deals This Week In China
In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending March 12.
We are nearing the ides of March 2021, and in the past 5 business days we counted over 70 deals closing with private equity and VC firms in China with a combined raise of more than US$2.3 billion in everything from seed to pre-IPO rounds. And one firm even raised a whopping 700 million in its Series A, while we saw other news concerning Huawei, AstraZeneca, and Xpeng Motors dominate the investment headlines. Startups in China this week raised funding from over 250 corporate venture capital, private equity and regular venture capital firms like Matrix Partners China, Hillhouse Capital, Warburg Pincus, Shenzhen Capital Group, Lilly Asia Ventures, Hina Group, Fengrun Inve