Hong Kong startup funding drops 92.73% MoM in August
Early-stage funding (68.8%) held the largest share.
Hong Kong startup funding sank 92.73% month on month to $8m in August, Tracxn reported.
Early-stage funding (68.8%) held the largest share of funding, followed by seed-stage funding (31.3%). No late-stage funding was recorded for the period.
Metafyed ($5.5m) and Meta Era ($2.5m) were the top deals for the month.
Omni Chain Ventures, Fenbushi Capital, and Chain Valley led the venture capital fundings with one deal each.