The Impact of the SARS Outbreak on Private Company Funding

Dwi Hadya Jayani 05/02/2020 17:32 WIB

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The SARS outbreak impacted private market funding.

Agreement Volume and Funding During the SARS Outbreak

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Agreement Volume and Funding During the SARS Outbreak

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The Severe Acute Respiratory Syndrome (SARS) outbreak, caused by the coronavirus, began in November 2002 in Guangdong Province, China. This outbreak had several impacts, including on private market funding. CB Insights noted a 27% decrease in funding in 2003.

However, in May 2004, the World Health Organization (WHO) declared China free of the SARS outbreak. Consequently, private market funding increased by 56% in 2005. This funding refers to direct investment from venture capital and mergers/acquisitions.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."