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Laxman Pai, Opalesque Asia:

The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals from January to November 2024 with a disclosed funding value of $125 billion, said a study.

"The startup ecosystem is marking a significant year-on-year (YoY) improvement in total funding value despite a decline in the number of VC deals volume," GlobalData report said.

The US also witnessed a 29.9 percent decline in VC deal volume during January-November 2024, compared to the announcement of 6,365 deals during January-November 2023.

Despite this reduction in deal volume, the total disclosed funding value of these deals was up by 18.4 percent compared to $105.6 billion worth of funding raised during the same period in the previous year.

Some of the notable venture capital funding deals announced in the US during January-November 2024 include $6.6 billion worth of funding raised by OpenAI, $6 billion funding raised by X.AI, $5.6 billion funding secured by Waymo, $1.5 billion funding received by Anduril Industries, and $1.1 billion worth funding raised by CoreWeave, among others.

The US accounted for a 29.3% share of the total number of VC deals announced globally during January-November 2024, while its share in terms of total funding value stood at 52.5%.

"The growth in total funding value could be attributed to the increase in the number of big-ticket deals. The number of VC deals valued more than or equal to $100 million annou......................

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