Data show that the number of financing transactions of Chinese technology companies decreased in 2017, but the average size of each transaction reached 33.6 million U.S. dollars, which is the highest record in history and also contributed to the total financing reached a record 58.8 billion Dollars.
In 2017, the largest financing for technology companies in China was a drop of 5.5 billion U.S. dollars in financing. Last April, Drop Travel announced the completion of a new round of financing of 5.5 billion U.S. dollars. It has been reported that Softbank contributed about 20% Billion in 2017. Throughout 2017, Drip Driven Financing raised about 9.5 billion U.S. dollars.
In terms of industry, the highest level of financing was in logistics and transportation, reaching $ 16.8 billion. In addition, e-commerce companies raised $ 12.7 billion, financial technology companies raised $ 4.8 billion, and hardware companies raised 26% 100 million yuan, while the general financing of Internet service companies to 2.5 billion.
Last year, investors showed relatively high enthusiasm for investing in mature start-up companies, particularly those that financed Rounds A, B and D. In contrast, Investors Rounding started the fewest transactions.
According to Renaissance Capital data, 15 Chinese companies conducted IPO in the United States and the United States in 2017 (initial public offering).
Data also show that in 2017, a total of 137 AIs in China received 159 financing with a total financing amount of more than 40 billion yuan, of which 57 were financing over 100 million yuan.