US-based start-ups raised $106.1 billion VC funding between January and May 2022, finds GlobalData

A total of 4,791 venture capital (VC) funding deals were announced in the US during January to May 2022 while the disclosed funding value of these deals stood at $106.1 billion, according to GlobalData.

An analysis of the leading data and analytics company’s Financial Deals Database reveals that the US was the only country to surpass the $100 billion mark in cumulative VC funding during January to May 2022 despite witnessing a decline in deal volume and value in recent months.

In fact, VC funding deal volume and value for the US declined by 32.7% and 17.1% in May compared to the previous month.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “VC funding has remained subdued as concerns about a potential recession build and add to the already prevalent market volatility. Interestingly, the US, which also happens to be the largest market for VC investments, is yet to see a billion-dollar VC funding deal (valued more than or equal to $1 billion) in 2022.”

Nevertheless, several VC deals valued at more than $100 million were announced during January to May 2022, including $935 million raised by Flexport, $675 million raised by The Boring Company, $620 million raised by CRB Group, $580 million raised by Anthropic and around $550 million raised by Fireblocks.

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