The total venture capital (VC) funding raised by the US-based startups improved by 2.4% year-on-year (YoY) during January-July 2024 despite a 41% decline in VC deal volume. The country continues to lead the global VC landscape with a significant gap over its peers, leading both in deal count and funding value, driven by a surge in ≥ $100m deals, reveals GlobalData, publishers of RBI.

An analysis of GlobalData’s Deals Database revealed that the US saw the announcement of a total of 4,675 VC deals of worth $70.6bn during January-July 2023 compared to 2,759 VC deals of worth $72.3bn during January-July 2024. READ MORE