Us Ventures Lead Global Funding Push As Silicon Valley Sees Resurgence

Crunchbase Report: Venture Funding Trends for 2024

The US now accounts for around 57% of total global venture funding, up from 48% in 2023. This growth is attributed to Silicon Valley experiencing a resurgence, with $90 billion invested in Q4 alone. Late-stage funding in the fourth quarter reached $61 billion, an increase of over 70% from last year and a boost to the number of billion-dollar rounds.

Early-stage funding remained relatively flat, with large early-stage rounds going to data centers, renewable energy, AI, robotics, and biotech companies. Seed funding decreased by 16% in Q4 compared to the same period last year. The number of exits in 2024 was slower than expected, with most being concentrated in biotechnology and cybersecurity companies.

US venture funding totalled $178 billion in 2024, accounting for 57% of global totals. Silicon Valley alone saw $90 billion invested. Late-stage funding surged to $61 billion in Q4, representing a 70% increase from last year. Early-stage rounds continued their flat trend, while seed funding decreased by 16%.

Key statistics from Crunchbase’s report include:

• US venture funding: $178 billion (57% of global total)
• Silicon Valley venture funding: $90 billion
• Late-stage funding: $61 billion in Q4 (up 70% from last year)

The report defines key terms:

• Seed and angel rounds are included under seed, with pre-seed and angel rounds also covered.
• Early-stage consists of Series A and Series B rounds, as well as other round types.
• Late-stage includes Series C, Series D, Series E, and later-lettered venture rounds following the “Series [Letter]” naming convention.

The report provides in-depth analysis of 2024’s venture funding trends and offers insights into exits, IPOs, and liquidity, offering a comprehensive view of the venture capital market.