- While the US dwarfs other countries in total venture capital investment ($269B last year), it trails Singapore, Israel and Estonia in per capita funding.
- Estonia’s surprisingly high ranking is boosted by Bolt, the country’s flagship ride-hailing and delivery startup that raised $700M last August (2020).
- Aside from the US, countries with over 100 million citizens (eg Brazil, India, China) have less than $50 per capita in annual VC investment.
- Since 2010, VC investment in several developing nations has increased by 5-10x.
