For the first time, the Chinese venture capital (VC) market has surpassed the U.S. VC market in total dollars invested in Q2 of 2018, according to Crunchbase. Driven by mega rounds and strong corporate VC, Chinese startups were able to raise more VC money in Q2’18 than their American counterparts. The strong Q2 for Chinese’s firms was driven by a very strong April. Chinese companies attracted approximately $15.6 billion that month. In comparison, U.S. companies attracted an average of U.S. $9.4 billion per month in Q1’18. In total, Chinese firms attracted approximately 47 percent of all reported VC dollars invested in Q2’18. If this trend continues, 2018 may become the year of the Chinese VC market.