Israel is the only country other than the US with anything even vaguely like American venture capital.

Judged as of 2019-07-18, with the claim's loose standard of 'even vaguely like' American venture capital. True if VC data (OECD, PitchBook, Crunchbase, Dealroom) show that in 2019 no country other than the US and Israel had a venture capital sector of broadly comparable scale or intensity, in absolute terms or relative to GDP. Mostly true if one or two other countries come only marginally close. Mixed if several countries have meaningful but clearly smaller VC sectors, so whether they count as 'vaguely like' is debatable. Mostly false if at least one other country (e.g., China or the UK) had a VC sector comparable in size or deal volume, so that Israel's distinctiveness is real but overstated. False if multiple countries had VC sectors clearly comparable to the US, in absolute terms or relative to GDP.

Set before the research began.

1. E1 Following a Different Leader: The Global Influence of China's Venture Capital-Backed Businesses SCCEI China Briefs (Substack) · 18 February 2025

   “In 2001, 88% of global venture capital was invested in U.S firms. By 2019, China accounted for 38% of the worldwide total, while the U.S. accounted for 42%, even though the level of investment in the U.S. increased throughout the period.”

2. E2 Drivers of Venture Capital across countries Università Ca' Foscari Venezia (master's thesis, Federico Comacchio) · 10 May 2025

   “At the end of 2021, North America had the biggest market share, accounting for 57% of the total deal value in 2021, followed by Asia with 28% and West Europe with 11%.”

E1, an independent source, reports that in 2019 China accounted for 38% of worldwide venture capital, against 42% for the US. That puts China's absolute VC volume broadly on par with the US's in the year of the claim. Under the criteria, one other country with a VC sector of comparable size makes the claim mostly false. E2 covers 2021 at the regional level and does not show multiple countries comparable to the US, so the evidence does not support a full false.