Leading Top 10 Countries in VC Investment, YTD 2024

Year-to-date in 2024, the global venture capital (VC) landscape is once again dominated by the United States, which attracted four times more than the next in line with US $89.4 billion in VC investments, reinforcing its position as the world’s leading hub for innovation and startup funding. China follows as a distant second with US $22.9 billion, underscoring its continued influence in the tech and innovation sectors, despite economic headwinds. The United Kingdom secured third place with US $9.4 billion, demonstrating its resilience and appeal as a leading European tech hub post-Brexit.

India, with US $7 billion in VC investment, continues to assert its growing importance in the global startup ecosystem, driven by a booming digital economy and a large, young consumer base. France and Germany, with US $4.3 billion and US $4.1 billion respectively, highlight Europe’s continued strength in fostering innovative startups, particularly in deep tech and sustainability sectors.

Notably, the UAE has emerged as a rising star, securing US $2.5 billion in VC funding and positioning itself as a leading investment hub in the Middle East. This reflects the country’s strategic efforts to diversify its economy and create a favorable environment for startups. Meanwhile, South Korea and Singapore, with US $2 billion and US $1.9 billion respectively, continue to be key players in the Asian VC landscape, leveraging their strong technological infrastructure and innovation-friendly policies.