PitchBook: VC firms invested $5.4B into hardware startups across Greater China during H1 2021, already surpassing the $5.1B raised in total last year
- Hardware startup investments hit $5.4 billion in 1H: PitchBook — Regulators launched a crackdown in internet firms since 2020 Tweets: @tom_fowdy Tweets: Tom Fowdy / @tom_fowdy : China's regulatory crackdown is diverting investment away from internet big tech and into hardware and semiconductors. This is the underlying logic behind Xi's decision making. https://twitter.com/...