China reaches parity with Europe in venture capital financing for the first time, as Chinese...

|By:, SA News Editor
China reaches parity with Europe in venture capital financing for the first time, as Chinese companies received $6B in 2011, up 8% Y/Y, vs. $6.1B in Europe. As recently as 2009, European start-ups were receiving 86% more in VC financing than their Chinese counterparts. The bets in China are big, too: The median deal size in China was $12.4M in 2011, vs. $5M in the U.S.