venture capital Archives — Carrington Malin

July 9, 2019
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Yesterday’s Bloomberg story quoting new figures from UK market research firm Preqin, tells a similar story to those we’ve been reading during the past week. The stats show the same downward trend for venture capital activity in China, with the value of venture deals during the second quarter of 2019 falling far short of Q2 2018.

Continue reading this story on Asia AI News (Medium)


July 8, 2019
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Chinese AI venture investment deals fell 63 percent in value during the first half of 2019, but AI leaders remain upbeat.

As mentioned in Wednesday’s post, investment in Chinese tech ventures has continued to slow down throughout the first half of 2019. As we leave H1 behind, more and more data is coming out to support this.

Yesterday, the South China Morning Post published figures from Beijing-based information source ITJUZI.com, reporting that ‘new economy’ investments in China continued their slide into the second quarter, dropping 62 per cent year -on-year to RMB 154.3 billion ($22.4 billion). The only bit of good news was that the overall rate of decline in investment may have slowed from Q1 to Q2.

Continue reading this story on Asia AI News (Medium)


July 4, 2019
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The growth in China’s investment in artificial intelligence ventures over the past few years has been nothing less than explosive. China is now home to more ‘AI unicorns’ than anywhere else in the world (statistics differ greatly, but CB Insights counts six out of the top 11 unicorns in its top AI startups list, while some others put the count much higher).

According to ZDNet, China’s funding of AI startups grew from about $1 billion in 2016 to more than $8 billion in 2018, accounting for 44 percent of all global AI startup funding (with the U.S.’s accounting for 41%). However, investment in China AI ventures has slowed greatly compared to last year.

Continue reading this story on Asia AI News (Medium)