Preqin: total US dollars raised by China-focused VC and PE funds peaked at $48.6B in 2021 before dropping to $16.5B in 2022 and just $1.15B so far in 2023 (Juro Osawa/The Information)

https://ift.tt/TlVudBc

Juro Osawa / The Information:
Preqin: total US dollars raised by China-focused VC and PE funds peaked at $48.6B in 2021 before dropping to $16.5B in 2022 and just $1.15B so far in 2023  —  Sequoia Capital's decision this week to split off its China operations showed the impact of growing tensions between Washington and Beijing.

from Techmeme https://ift.tt/ZeyBqYO