North America continued to attract the major chunk of global venture capital funding during third quarter 2019, according to GlobalData.
North America accounted for 48.5 percent of the global venture capital investment volume and 52.4 percent of the investment value in third quarter 2019, followed by Asia Pacific with 29.7 percent and 28.7 percent of the global venture capital investment volume and value, respectively.
Despite none of the countries witnessing billion-dollar funding during third quarter 2019 and the prevailing economic and geopolitical uncertainties in some of the countries, global venture capital funding activity remained strong. The growth was primarily driven by strong venture capital funding in North America and Europe. On the other hand, venture capital funding activity in Asia Pacific remained weak.
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