VENTUREWRAPPED

January2024

2024

Startupsraised$330Binventurecapitalin2024.

Globalventurecapitalwasup6%yearonyear.

Startupsraised25kfundingroundsin2024.

Page/2

Globalventurecapitalbystage

?viewonline

Source:Dealroom.codealroom.co

2024sawthereturnof

megarounds,whichwereup29%yearon

year.

Roundof$100M+accountedfor53%ofallVCinvestmentin2024.

Page/3

Globalventurecapitalbystage

?viewonline

▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m

(megarounds)▊$250m+(mega+)

Source:Dealroom.codealroom.co

Page/4Source:Dealroom.codealroom.co

TheUS,ChinaandtheUK

remainthe

topthree

countriesby

venturecapitalin2024.

It?samixedpictureintermsofgrowthforthebiggeststartupecosystems.TheNetherlandsgrewthemostofthetop10yearonyear,aftera

comparativelyslow2023.

TheUSnotablygrew30%

yearonyear.Whiletherestoftheworldcombinedwas

down14%.

Top10globalcountriesbyVCinvestmentin2024

?viewonline

Page/5Source:Dealroom.co.dealroom.co

Sixofthetop10techhubsby

venturecapitalin2024are

intheUS.

VCinvestmentisupfor6of

thetop10metrohubsagainstlastyear.

TheBayAreahasraisedmoreventurecapitalin2024asthenexttenhubscombined.

Denverwasthefastest

growingecosystemofthetop10in2024.

Top10globalhubsbyVCinvestmentin2024

?viewonline

USstartups

raisedmore

venturecapitalthantherestoftheworld

combinedin2024

57%ofglobalVCwenttoUSstartups,thehighestshareinadecade.

USshareofglobalVCfunding

?viewonline

Page/6Source:Dealroom.codealroom.co

Europeraised

16%ofglobalVC,aheadofChina(12%)andthe

restofAsia(11%)

TheUSsurgein2024wasareversalofarecenttrendformoreglobalventure

distribution.ThiswaslargelydrivenbyAIventure

dominanceintheUS.

RegionshareofglobalVCfunding

?viewonline

Page/7Source:Dealroom.codealroom.co

Globally,

startupsraised$97BinventurecapitalinQ4

2024.

InvestmentinQ4wasup30%yearonyear.Itwasthe

secondhighestQ4onrecord,afterQ42021.

Globalventurecapitalbystage

?viewonline

▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m

(megarounds)▊$250m+(mega+)

Page/8Source:Dealroom.codealroom.co

dealroom.co

Page/9

Source:Dealroom.co

Thebiggestventurecapitalroundsin

2024

Eightofthe10biggestroundsin2024wereintheUS.TheyareallAI

companies.Nineoutof10areAIcompanies,theexceptionbeingChineseEVcompanyAVATR.

?seerounds

Data+AI

BayArea

$10B

GrowthEquityVC-Dec2024

GenAI

BayArea

$6B+$6B

SeriesB&C-May&Dec2024

Electricvehicles

Chongqing

CNY11.1B

SeriesC-Dec2024

GenAI

BayArea

像openAl

$6.6B

LateVC-Oct2024

Autonomousvehicles

BayArea

$5.6B

SeriesC-Aug2024

AIplatforms

AbuDhabi

$1.5B

GrowthEquityVC-Apr2024

Datacenters

Denver

$6.4B

GrowthEquityVC-Jan2024

GenAI

BayArea

ANTHROP\C

$4B

GrowthEquityVC-Nov2024

DefenceAI

Irvine

恐ANDURIL

$1.5B

SeriesF-Aug2024

Page/10Source:Dealroom.codealroom.co

Early-stageroundsunder$15Mhaveslowed

slightly

▊$4–15m(SeriesA)

▊$1–4m(Seed)

▊$0–1m(pre-Seed)

Breakout-stageVChasbeenconsistentin

2023/24

▊$40–100m(SeriesC)

▊$15–40m(SeriesB)

Late-stageinvestmentisrampingupagain,Q4

beingastandoutin2024

▊$100–250m▊$250m+

Page/11Source:Dealroom.codealroom.co

Enterprise

Softwareisthemostfunded

industryintechin2024.

$92.7BwasbeenraisedbyEnterpriseSoftware

companiesin2024,manyofthemAIenabled/related.

GloballeadingindustriesbyVCinvestment,2024?

viewonline

Page/12Source:Dealroom.codealroom.co

AIventure

capitalhitanalltimehighin2024

$110BwasinvestedinAI-firstcompaniesin2024.

AIinvestmentwasup62%

yearonyear,.Bycomparison,therestoftechVCwasdown9%globally.

GlobalAIVCinvestment

$110B

$105B

$70B$68B

$52B

$50B

$45B

$29B

$15B

$14B$8B

Page/13Source:Dealroom.codealroom.co

WithinAI,

foundationallayershavehadthehighestVCgrowthinthelasttwoyears

GlobalAIVCinvestmentbylayer

Page/14Source:Dealroom.codealroom.co

AInowmakesupathirdofglobalventurecapital,upfromjust3%in2010

ShareofglobalVCraisedbyAIstartups

Page/15Source:Dealroom.codealroom.co

TheUSiseven

moreAIfocussedthantheglobalaverage;42%ofUSVCwasraisedbyAIstartupsin2024

25%ofventurecapitalraisedinEuropewasraisedbyAI

startups.Theshareintherestoftheworldin18%.

ShareofVCraisedbyAIstartups,byregion

%ofAIUS

Page/16Source:Dealroom.codealroom.co

GenerativeAI

hasbeenthe

biggestdriverofAIinvestmentgrowth

GlobalGenerativeAIVCinvestment

Page/17Source:Dealroom.codealroom.co

AIisthecommondenominator

amongallthe

mostfunded

frontier

technologyareasfrom2024

GloballeadingfrontiersegmentsbyVCin