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Chinese clean energy firms dominate top 10 VC deals globally amid tough market: Preqin
China accounted for five of the top 10 venture-capital deals involving clean energy – and two-thirds of such deals by value – in the first half of 2024, according to Preqin. The five China deals primarily involved companies in the supply chain for battery-powered and hybrid vehicles, according to Preqin, which provides data on private capital and hedge funds. Together, these deals raised US$2.93 billion from private investors – mainly domestic institutions – in the year’s first six months, or 65
South China Morning Post•
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