US Startups Secure Over Half of Global VC Deals in 2024

The US maintained its dominance in the global venture capital landscape in 2024, securing over half of all high-value deals, according to GlobalData. With a commanding 56.6% share by high-value VC deal volume and 64.5% by value, the US significantly outpaced other markets.

This trend underscores strong investor confidence in the US startup ecosystem amid the evolving economic conditions and shifting global investment trends. “The US-based startups attracting big-ticket deals showcase 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,” said Aurojyoti Bose, Lead Analyst at GlobalData.

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.  “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,” added Bose.

The UK occupied the third position by high-value VC deals volume in 2024, followed by Germany, India, Canada, Singapore, France, Japan and Switzerland.“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,” concluded Bose.