Global VC deals touch $40b with China on verge of overtaking N America: Preqin VC word cloud. Credit:Barrie Entrepreneur Connect Liz Lee July 5, 2016 PremiumGlobal venture capital deals announced in the second quarter of 2016 (Q2 2016) amounted to 2,244, worth a combined $40 billion, a report by Preqin gathered. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.