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Will China Lose Its Tech Mojo As Venture Capital For Start-ups Gets Harder To Come By? | South China Morning Post

by scmp.com posted 1week ago 133 views
Investors are pouring capital into China’s more mature, later-stage tech companies, polarising the tech scene into established “decacorns” – private companies with valuations of US$10 billion or more – versus capital-hungry, start-ups. Unlisted technology giants are attracting bigger and bigger private fundraising rounds, leaving less on the table for start-ups who need to raise their first two critical rounds of financing to get off the ground and scale up. A...

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