Governments, corporations, and venture capitalists invested $17.8 billion in nanotech in 2010, increasing their spending 1% relative to 2009. Corporations expanded spending by 7% over 2009, while governments and venture capitalists reduced their investments by 2.6% and 21.4% respectively. The United States government maintained its lead over all other governments with $2.1 billion of funding in 2010 despite a 17.3% drop relative to 2009’s total. In contrast, Russia expanded government funding by 38.6% to $1.05 billion in 2010, sliding past Japan into second. In corporate spending, U.S.and Japan continued their dominance with investments of $3.4 billion and $2.8 billion, respectively. U.S.-based companies grabbed the lion’s share of venture capital (VC) investments again in 2010, capturing 89% of the total $646 million. China and Russia continue to challenge the status quo, fueled by strong economic growth and amitious government backing, but the leaders remain out of reach for now.
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