Ernst and Young's Global Venture Capital Report 2007: VC in China Grows

Filed in archive Venture Capital by Greg Cruey on July 30, 2007

Hats off to the people at Big Four Blog for picking up the Ernst and Young Global venture capital Report 2007 and telling us about it.

According to Big Four Blog, the report shows that about $35 billion in venture capital funds got invested in projects in 2006. The steepest growth curve? China, at 58%.

"China has become the third largest regional venture capital hotbed after California and Massachusetts," Big Four Blog said. The pointed out that about $2 billion was invested in venture capital projects n China in 2007.

The report provides some context for thinking about the rise of Internet and digital media companies in China. About 60% of venture capital funds in America and Europe were invested in Internet technology projects.

Related Entries:

CHINA VC MID YEAR REPORT - 17 July 2006
For China's Poor- Venture Capital Funds for Digital Delivera... - 23 October 2006
Watchdog slams Ernst & Young audits - 03 May 2007
China's Venture Capital Sector Grows, Focuses on Internet - 18 August 2007
American VC Investment in China Doubles from Q1 to Q2 - 21 July 2008

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