Six years ago, when I joined Amadeus, I would have been incredulous if someone had told me that China will rank ahead of Israel and UK as the No. 1 overseas destination for U.S. Venture Capital by 2006…
But that is exactly what this graph from last month’s print edition of Red Herring reveals.
…more interestingly, the investment sectors are getting increasingly sophisticated – and last year included sizeable investments in software and advanced materials/speciality chemicals (see graph below):
Whats next, I wonder?…Investment in Shenzhen overtaking Massachusettes and/or Bengaluru attracting more venture dollars than Texas?
UPDATE: Scott from Library House pointed me in the direction of this fascinating piece of research they did earlier this year: “Break for the border“…It looks at who is crossing borders to invest in Europe…Thanks Scott.
* Source and Copyright: “Venture Goes Global” by Sean Wolfe, in Red Herring, Issue 12th Mar ’07