Investor Map

Who invests where.

Shaded by how many investors we have watched put money into a company there, wherever they sit. Funds say they cover nearly every market; this is drawn from rounds instead. The lines are the routes cross-border cheques took in the last two years.

Markets they backWhere they are based
Corridor

UK → US1,173 rounds with a UK investor, last 2 years

US → UK940 rounds with a US investor, last 2 years

Canada → US512 rounds with a Canada investor, last 2 years

US → Canada495 rounds with a US investor, last 2 years

Singapore → US411 rounds with a Singapore investor, last 2 years

Germany → US389 rounds with a Germany investor, last 2 years

US → Germany328 rounds with a US investor, last 2 years

US → Japan315 rounds with a US investor, last 2 years

France → US297 rounds with a France investor, last 2 years

Japan → US288 rounds with a Japan investor, last 2 years

US → France284 rounds with a US investor, last 2 years

US → Australia228 rounds with a US investor, last 2 years

US → Brazil228 rounds with a US investor, last 2 years

US → Singapore208 rounds with a US investor, last 2 years

Shaded by rank, not count. A country left blank is one where we have seen nothing, which is not the same as nothing happening. Hover a country for both figures; click for its list.

137,249investors with a home country we can name
153countries we have seen money go into
52%of rounds in the last 2 years had an investor from abroad
105home countries those cheques came from

The corridors

Money runs both ways, but not evenly

The busiest routes between two countries, counted as rounds in the last two years with an investor from one side and a company on the other.

UK2,113US

UK investors into US1,173
US investors into UK940

Canada1,007US

Canada investors into US512
US investors into Canada495

Germany717US

Germany investors into US389
US investors into Germany328

Singapore619US

Singapore investors into US411
US investors into Singapore208

Germany346UK

Germany investors into UK184
UK investors into Germany162

France226UK

France investors into UK99
UK investors into France127

Germany146France

Germany investors into France67
France investors into Germany79

UK135Netherlands

UK investors into Netherlands63
Netherlands investors into UK72

Home and away

Who backs each market: locals or visitors

The investors we watched put money into each of the ten busiest markets, split by where they are based. The most open of them is Switzerland, where 91% of the investors came from abroad.

Based thereFrom abroad

United States2,5751,24529% of rounds United Kingdom3221,13828% of rounds Canada12155946% of rounds Japan8117147% of rounds France13246056% of rounds Germany13456371% of rounds Australia16139057% of rounds Switzerland42266% of rounds Spain5225567% of rounds Brazil12432862% of rounds

Right column: the share of that market's rounds with at least one investor from abroad.

Crossing borders now

The latest cheques from abroad

The markets, in order

Based there is everyone on record; seen investing there is everyone we watched put money into a company in that country, wherever they sit. Each country opens its list.

  1. #CountryBased thereSeen investing thereBased and seen acting
  2. 1United States73,56119,8619,405
  3. 2United Kingdom8,1054,5961,242
  4. 3Canada3,8702,676608
  5. 4Germany3,4402,278600
  6. 5France2,2671,826512
  7. 6India3,8531,710505
  8. 7China3,0201,504485
  9. 8Australia2,5761,424379
  10. 9Singapore1,9031,272327
  11. 10Switzerland1,8331,176249
  12. 11Netherlands1,8711,124295
  13. 12Spain1,6911,042211
  14. 13Brazil2,013944227
  15. 14Sweden1,214943168
  16. 15Japan1,382859385
  17. 16Finland43462591
  18. 17Ireland39061470
  19. 18Italy1,134571162
  20. 19Denmark59456595
  21. 20Belgium622546152
  22. 21Mexico73152483
  23. 22Hong Kong SAR China1,107503199
  24. 23South Korea858390189
  25. 24Estonia17237135

The other 129 countries are thinner still. How we know what we know.

Pick a market, then everything else.

A map answers one question. In the app, put a market together with stage, sector, cheque size and whether anyone has seen them invest lately.

Open the investor searchOr browse the lists