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Laxman Pai, Opalesque Asia: With inconsistent activity across most of the regions, global venture capital (VC) funding volume continued to showcase a declining trend during the months in the second quarter (Q2) of 2021.
But North America continued to attract the highest number of VC investments during the quarter, said a study.
According to GlobalData, the number of VC funding deals that were announced globally declined by 6.9% from 2,461 in April to 2,290 in May, and further decreased by 7.8% to 2,111 deals in June 2021.
It said that akin to the global trend, VC funding activity in North America continued to decline during the months in the quarter. The region experienced a dip in VC funding volume from 1,186 deals in April to 1,018 deals in May and further sank to 803 in June. Despite the decline, the region continued to account for the highest share of deal volume during Q2 2021.
North America accounted for 43.8% of global VC investment volume in Q2 2021, followed by APAC with 29.1% and Europe with a 20.7% share. The Middle East and Africa and South and Central America garnered 4.3% and 2% shares of VC investment volume, respectively.
Aurojyoti Bose, the Lead Analyst at GlobalData, said: "North America surpassed the rest of the regions in grabbing VC deals by a great margin. Although investors were cautious, VC investors continue to see the US, the region's key market, a prolific investment destination."
Bose added: "Akin to North America, VC fun...................... To view our full article Click here
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