Dealmaking in Greater China slackened in July but still managed to remain at elevated levels as startups sealed 236 venture investments worth a combined $4.2 billion.
The deal value in July decreased by 10% from June, while the deal count declined slightly by 3.7% from the previous month, according to proprietary data compiled by DealStreetAsia. Despite the brake in startup financing month-over-month (MoM), the past month showcased decent market vitality compared with the same time last year when the deal count was a mere 177, or 33.3% less.