The biggest backers of China’s startups

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China’s business landscape has seen quite a bit of turbulence in the last few months – from crackdowns on various business leaders to plans of curbing overseas IPOs.

For the firms on today’s listicle of the most active investors in the country’s startups, this means that they’ll have to be even more careful about where they’re placing their money, especially when some of these firms are involved with hundreds of companies.

Today’s story breaks down who these investors are, the businesses that they’ve injected capital into, as well as the number of deals they’ve amassed in the last two years.

Speaking of investments, if you’re a startup looking to build successful digital products, this year’s Tech In Asia Product Development Conference could be a good one for you. You’ll be able to hear from more than 20 leaders of successful startups and multinational companies about how to make products that resonate with consumers.

Limited seats are available, so sign up quickly!

Today we look at:

• The organizations pouring money into China’s startups.
• The latest funding round of India’s largest crypto firm.
• Other newsy highlights such a new clarification surrounding crypto advertisements in Singapore and Zilingo’s CFO looking to step into the role of interim CEO.

Premium summary

Powering China’s tech ecosystem

Image credit: Timmy Loen

Our list of the most active investors in Chinese firms has been ranked based on the number of deals made by each organization in the last 24 months. The mind-boggling numbers on display should be a testament to not only the belief some of these investors have in the Chinese market but also their deep pockets. If you’re a Chinese startup, getting on their good side is definitely a wise idea.

• Investor out of water: Perhaps most surprisingly, the top spot goes to US-based Sequoia Capital. As the top foreign entity on the list, it’s made a whopping 357 deals in the last two years, with some of the latest ones being in Xuanxing Technology, Hiwemed, and Exway. The rest of the list is mostly made up of Chinese investors, with the next highest-placing foreign firm being GGV Capital at a relatively modest 96 deals.

• Taking care of their own: Despite the top spot going to a foreign organization, Chinese investors are not to be trifled with either. Out of the 100 companies we listed, 88 of them are from China. Investors such as Hillhouse Capital (226 deals) and Tencent Investment (221 deals) make an appearance, with their latest deals being with Zhiyi Technology and Ingeek, respectively.

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