{"id":341727,"date":"2024-09-24T12:48:07","date_gmt":"2024-09-24T07:18:07","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=341727"},"modified":"2024-09-24T12:48:07","modified_gmt":"2024-09-24T07:18:07","slug":"us-startups-raise-82-2-billion-vc-funding-during-jan-aug-2024-reveals-globaldata","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/us-startups-raise-82-2-billion-vc-funding-during-jan-aug-2024-reveals-globaldata\/","title":{"rendered":"US startups raise $82.2 billion VC funding during Jan-Aug 2024, reveals GlobalData"},"content":{"rendered":"<div class=\"post_text\">\n<div class=\"post_text_inner\">\n<p class=\"post_info\">The US secured $82.2 billion in venture capital (VC) funding through 3,102 deals announced during January-August 2024. This represents a 1.9% year-on-year (YoY) improvement in total funding value even though VC deals volume fell by 39% compared to the number of deals announced during the first eight months of 2023, according to GlobalData, a leading data and analytics company.<\/p>\n<\/div>\n<\/div>\n<div class=\"post_text\">\n<p>An analysis of GlobalData\u2019s\u00a0Deals Database\u00a0revealed that a total of 5,084 VC deals of worth $80.7 billion were announced in the US during January-August 2023.<\/p>\n<p><strong>Aurojyoti Bose, Lead Analyst at GlobalData, comments:<\/strong> \u201cThe improvement in the total funding value despite fall in the volume could be attributed to the announcement of some high-value deals during the review period.\u201d<\/p>\n<p>It is noteworthy that the number of VC deals valued more than or equal to $100 million, which stood at 134 during January-August 2023, jumped significantly to 192 during January-August 2024. In fact, some of the US-based startups also managed to secure billion-dollar investments during the review period.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-115988 size-full lazy aligncenter\" src=\"https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790.png\" sizes=\"auto, (max-width: 1172px) 100vw, 1172px\" srcset=\"https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790.png 1172w, https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790-300x161.png 300w, https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790-1024x549.png 1024w, https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790-768x412.png 768w, https:\/\/www.globaldata.com\/wp-content\/uploads\/2024\/09\/PR19790-700x375.png 700w\" alt=\"\" width=\"1172\" height=\"628\" \/><\/p>\n<p>Some of the notable VC funding deals announced in the US during January-August 2024 include $6 billion worth funding raised by X.AI, $1.5 billion worth fundraising by Anduril Industries, $1.1 billion raised by CoreWeave, $1 billion raised by Scale AI, $1 billion raised by Wiz and $1 billion raised by Xaira Therapeutics.<\/p>\n<p>Bose adds: \u201cThese big-ticket deals also testify the investor confidence in the US startup ecosystem. No wonder, the US continues to be the top market for VC funding activity, remaining significantly way ahead of its peers in terms of both deal volume and value. In fact, the US was home to more than half of the VC funding raised globally during January-August 2024.\u201d<\/p>\n<p>The US accounted for 28.9% of the total number of VC deals announced globally during January-August 2024 while its share the corresponding total disclosed funding value stood at 50.5%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US secured $82.2 billion in venture capital (VC) funding through 3,102 deals announced during January-August 2024. This represents a 1.9% year-on-year (YoY) improvement in total funding value even though VC deals volume fell by 39% compared to the number of deals announced during the first eight months of 2023, according to GlobalData, a leading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[314],"tags":[],"class_list":{"0":"post-341727","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-startups-stories"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/341727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=341727"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/341727\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=341727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=341727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=341727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}