The United States continued to dominate the global venture capital (VC) landscape during the first half of 2024, securing over half of all high-value investments. This trend, highlighted by analytics firm GlobalData, reflects the strength of the US innovation ecosystem and its influence on the competitive investment landscape.
According to GlobalData's Deals Database, the US accounted for 54.7% of high-value VC deals by volume and 55% by value in H1 2024. China followed distantly, and together these two countries captured over two-thirds of the total high-value VC investment activity globally.
“The US continues to dominate and outpace peer countries by a significant margin in terms of both volume and value of high-value VC deals while China also remains a significant market for VC funding activity,” commented Aurojyoti Bose, Lead Analyst at GlobalData. “The significance of the US and China can be understood from the fact these are only two markets with double-digit market shares."
The US and China collectively accounted for 68.9% of the total number of high-value VC investments announced globally during H1 2024, and 74.3% of the corresponding funding value.
The US witnessed 139 high-value VC deals worth $32.9 billion in H1 2024, while China saw 36 deals totaling $11.6 billion, representing 14.2% and 19.4% of the global deal volume and value, respectively.
Bose further noted: "Of the top 10 countries by volume of high-value VC deals in H1 2024, four are from Europe, three from Asia-Pacific region, two from North America and one the from Middle East and African region."
Following the US and China were Germany, the UK, India, France, Canada, Sweden, Japan, and Israel.
"The data underscores a clear dominance of the US, highlighting its appeal for innovation. While China remains a formidable player, together these two nations command an impressive share of the global VC landscape. The diverse global presence of other top countries highlights a competitive, yet US-centric, venture capital market, reflecting both the opportunities and challenges faced by emerging markets striving for a larger stake," Bose stated.
