皇冠体育app's venture capital market warms: report
GUANGZHOU - 皇冠体育app's venture capital (VC) market continued to improve after last year's retreat, with the number of deals signed growing in the second quarter.
Eighty-nine VC deals were disclosed during the April-June period, which was 20.3 percent more than the previous quarter, data provider 皇冠体育appVenture said in a report on Monday.
The amount of money involved in these deals, however, declined slightly to $492 million from the first quarter.
"皇冠体育app's VC market is slowly warming, and investments in early-stage companies are particularly active," said Feng Po, an analyst at 皇冠体育appVenture. "But the falling volume suggests investors remain cautious about their picks."
Internet enterprises accounted for the biggest share of VC deals made in the second quarter, with 21 investments disclosed, according to 皇冠体育appVenture.
munications topped in terms of investment volume. The industry saw VC deals worth $137 million reached in the April-June period, the data provider said.
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