In one week, almost 100 Chinese venture capital deals reached US$ 3.2 billion.
China Money Network released a recent podcast with China Money Director highlighting the major news that had brought much attention from venture capital and private equity investors. In an incredible week, 99 venture capital and private equity deal reached a total of 3.204 billion US dollars, creating new possibilities for both Chinese and international business.
LehmanBrown International Accountants sponsored the podcast as this was fantastic news for venture capital and private equity investors, businesses, and start-ups that had closed their funding rounds in China.
The episode looks at the massive deals, including the Black Lake Technology deal, Weiyi Doctor deal which raised 400 million US dollars—followed by important China investment news looking at Huawei’s statement saying that they would not build cars but look to help companies make better cars. Towards the end of the episode, the director looked into Fintech news, including Italy’s approval for Tencent to invest in local payment companies.
There was plenty of news to go through and looking at all the amazing investors who have committed in China, which include Temasek Holdings, GGV Capital, Zhen Fund, BAI, GSR Ventures, Huaxing New Economic Fund, Lightspeed China Partners, Sequoia Capital China, Millennium Capital, and Oceanpine Capital.
