Greater China Deal Review: Q1 2025

Greater China Deal Review: Q1 2025

23 April, 2025

2025 began on a disappointing note for startups in the Greater China region as geopolitical tensions and macroeconomic headwinds pulled down fundraising in the first quarter. While the deal value plunged 49% to $9.6 billion from the previous quarter, it stood 52.4% lower compared with the year-ago period. The deal volume, however, grew 8.9% QoQ.

Read the report for insights on:

  • Monthly, quarterly, and yearly startup funding trends 
  • Analysis of megadeals and deals by stage  
  • Venture deals across top 25 industries 
  • Top investors and startup hubs 
  • IPO activity in Q1 2025

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