Greater China Deal Review: Q4 2024

Greater China Deal Review: Q4 2024

05 February, 2025

Startups headquartered in Greater China scooped up nearly $18.8 billion in funding during the fourth quarter of 2024, up 47.7% sequentially, despite uncertainty surrounding the US presidential elections. The deal volume also grew 16.8% from the previous quarter to 576. On a year-on-year (YoY) basis, startup funding in Q4 was up 74.4% despite a 13.4% decline in deal volume, indicating a flight to quality as more capital was allocated to fewer deals.

Read this report for insights on:

  • Monthly, quarterly, and yearly startup funding trends 
  • Analysis of megadeals and deals by stage  
  • Top venture deals by industry 
  • Top investors and startup hubs 
  • IPO activity in Q4 and 2024

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