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Hong Kong startup funding surges 9,033% MoM in July
Late-stage funding (70.8%) held the largest share.
Hong Kong startup funding jumped 9,033% month-on-month and 372.4% year-on-year to $137m in July, Singapore Business Review and Tracxn reported.
Late-stage funding (70.8%) held the largest share of funding, followed by early-stage fundings (29.2%), with no seed-stage fundings unlike the previous month when it took up all the share of fundings.
Bowtie ($70m), RD Technologies ($40m), and DayDayCook ($27m) were the top deals for the month.
In July, HSG led the venture capital fundings, also the top and only private equity funder.
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