Semiconductor, AI firms dominate venture capital deals in China amid government push

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Ninety per cent of global venture capital investments in the chip sector last year came from China, according to Preqin research.

Electric vehicle manufacturer IM Motors raised US$1.1 billion in March.

Among the world’s 10 largest venture investment deals from January to June, two took place in China.

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Article Details

Author / Journalist: Xinmei Shen

Category: Business

Markets: Hong KongChinaMacauTaiwan

Topics: Last China Billion Investments Venture Capital Largest Raised Preqin According Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 20:00:13 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21482142

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