2010-07-20-投中研究院-Quarterly_Statistics_Analysi_19页_1mb

China's VC Investments Q2 2010 Summary

• Key Statistics: 67 disclosed deals totaling $482 million, with an average deal size of $7.19 million. Transaction volume increased but average size decreased compared to the previous quarter.

• Sector Analysis: Investment concentrated in Internet, Manufacturing, and Healthcare, accounting for 63% of deals and 70% of the total amount. Healthcare led with $150 million in investments.

• Stage Analysis: Development stage startups completed the most deals (35), despite a slight decline from the previous quarter. Expansion stage saw a significant increase in deal numbers (88.2% quarter-on-quarter) but a sharp drop in investment amount (68.3% decline).

• Round Analysis: Series-A round dominated with 42 deals worth $274 million, maintaining its leading position over other rounds like Series-B and Series-C.

• Regional Analysis: Investments remained focused on first-tier coastal cities, with Beijing leading in both deals (32.8%) and investment amount (39.8%), totaling $192 million.

• Investor Analysis: Foreign investors' share of deals fell slightly to 43.3% and amount to 51.3%, while Sino-foreign joint venture funds were more active, accounting for 18 investments and $112 million.