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Laxman Pai, Opalesque Asia: Despite declining global venture capital (VC) funding deals volume, early-stage funding rounds continued to dominate the global VC funding landscape in H1 2024, accounting for a 77.8% share of the total number of VC deals. Early-stage funding rounds are comprised of Seed and Series A funding rounds.
According to GlobalData a total of 5,084 VC funding deals with disclosed funding rounds were announced globally during the first half (H1) of 2024.
A total of 3,957 early-stage funding rounds were announced during the review period, which included 2,163 seed rounds and 1,794 series A funding rounds, said the report.
The volume of these early-stage funding rounds registered a year-on-year (YoY) decline of 22.1% from 5,078 deals in H1 2023 to 3,957 deals in H1 2024, GlobalData revealed.
"With the total number of VC deals with disclosed funding rounds registering a YoY decline of 19.1% in H1 2024 compared to the announcement of 6,285 deals during the same period in the previous year, most of the funding rounds experienced a decline in volume in the first half of 2024," said Aurojyoti Bose, Lead Analyst at GlobalData.
"Meanwhile, early-stage funding rounds, despite having a relatively much lower average value of deals compared to growth, expansion, and late-stage funding rounds (Series B onwards), also experienced a decline."
"It is noteworthy that the average size of VC deals with early-stage funding rounds was $7.7 million, whereas ...................... To view our full article Click here
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