Venture Capital is on the rise in emerging markets across AustraliaAsia.
Camille Ricketts from Venture Beat has written a great article summarising the findings in the recent 2010 Global Venture Capital Survey conducted by the National Venture Capital Association (NVCA) and Deloitte.
Much has been written about the incredible, shrinking venture capital industry lately. Funds and deal sizes are contracting. And the number of deals and even firms continues to fall.
Nothing illustrates this fact better than the steep 49 percent drop in total funds raised by venture capital firms during the first quarter of 2010. The $1.9 billion raised is the lowest sum in seven years, according to a report issued earlier this week by the National Venture Capital Association and Thomson Reuters.
Now results of the 2010 Global Venture Capital Survey conducted by the NVCA and Deloitte have made this shrinkage in the U.S. all the more clear — but it also shows how venture capital is on the rise in emerging markets like China, India and South America. In all, 500 venture capitalists were surveyed.
Source: VC industry shrinking in the U.S., but growing overseas Venture Beat
So althought there is a shrinking in the VC market at the moment in the US, the results from the survey show that in China, India and South America VC funding is on the rise. Good news for Australian Cleantech companies looking to expand into Asia and those Cleantech companies and VCs who have strong AustralAsian relationships.
Which means more of these sorts of stories for AustralAsian cleantech companies as recently featured on our twitter channel for CTTV:
NZ Clean tech company LanzaTech secures US18m from Chinese venture capital firm http://tinyurl.com/2daw4cp
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