TLDR:
Chinese firms in mobility and hardware fields are attracting significant attention from venture capitalists, with 125 companies receiving funding across 156 deals between November 2023 and August 2024. This trend highlights the growing confidence in the potential for Chinese companies to succeed in the global market.
Chinese companies expanding overseas in mobility and hardware sectors are capturing the interest of venture capital funds as revealed by data and industry insights at the 2024 China International Fair For Trade In Service in Beijing.
About 125 Chinese firms with foreign operations secured funding in 156 deals between November 2023 and August 2024, with a significant portion of the financing exceeding 100 million yuan. This demonstrates an increasing confidence in Chinese companies and their potential for future growth.
The data was released by Beijing-based mobile marketing research firm Morketing and indicates a shift towards more significant investment in Chinese companies operating in overseas markets.
This trend reflects the growing recognition of the talent and innovation coming out of China and the desire to support these companies as they expand globally.
