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Laxman Pai, Opalesque Asia: The US and China remained the preferred destinations for venture capital (VC) investors globally in Q2 2021, said a study.
According to GlobalData study, the US and China collectively accounted for 66.2% and 61.8% of high-value VC investment deals volume and value during Q2.
"Both nations attracted a significant amount of high-value VC investment deals (worth more than US$100m) both in terms of volume and value during the quarter," revealed the study.
The US accounted for 54.3% and 49.5% of high-value VC investments deal volume and value during Q2, followed by China's corresponding shares which stood at 12% and 12.4%, respectively.
India occupied the third position in terms of high-value VC investment deals volume, followed by Germany, the UK, Canada, France, Singapore, Sweden, and Brazil.
Of the top ten countries by high-value VC investment deals volume, two were headquartered in North America, four in Europe, three in Asia-Pacific and one in the South and Central American region.
Aurojyoti Bose, the Lead Analyst at GlobalData, said: "The COVID-19 pandemic has prompted VC investors to look at companies in areas with enhanced relevance. The US has several start-ups working in such areas, with China also eyeing up this space."
"The US outpaced its peers by a great margin, with the country's VC funding activity far ahead compared to other regions. It was the only country to showcase triple-digit high-value VC investment...................... To view our full article Click here
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