Source: GlobalData
US startups secure over half of high-value VC deals announced globally during 2024, finds GlobalData
Posted in Business Fundamentals
The US maintained its dominance in the global venture capital (VC) landscape in 2024, securing over half of all high value* deals. With a commanding 56.6% share by high-value VC deal volume and 64.5% by value, the US significantly outpaced other markets, underscoring strong investor confidence in its startup ecosystem amid the evolving economic conditions and shifting global investment trends, according to GlobalData, a leading data and analytics company.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The US-based startups attracting big-ticket deals showcases the solid confidence VC investors have in the country’s startup ecosystem. It is also noteworthy that the US was distantly followed by China, which accounted for 12.3% and 14.4% share of high-value VC deal volume and value, respectively, during 2024.”
An analysis of GlobalData’s Deals Database revealed that the US saw the announcement of 291 high-value VC deals during 2024 while the total value of these deals stood at $92 billion. Meanwhile, a total of 63 high-value VC deals worth $20.6 billion were announced in China during the same period.
Bose adds: “Of the top 10 countries by high-value VC deals volume in 2024, two were from North America while Europe and the Asia-Pacific region had four countries each.”
The UK occupied the third position by high-value VC deals volume in 2024, followed by Germany, India, Canada, Singapore, France, Japan and Switzerland.
Bose concludes: “The concentration of high-value VC deals in a few key markets highlights the evolving dynamics of global venture funding. While the US continues to dominate, the presence of multiple European and Asia-Pacific countries in the top rankings signals a broader diversification of investor interest, driven by innovation and emerging growth opportunities worldwide.”
* ≥ $100 million