20 May 2022
Posted in Business Fundamentals
US-based start-ups raised $88.3 billion VC funding during January to April 2022, finds GlobalData
A total of 4,003 venture capital (VC) funding deals were announced in the US during January-April 2022 while the disclosed funding value of these deals stood at $88.3 billion according to GlobalData. The leading data and analytics company’s Financial Deals Database reveals that this was the highest VC funding amount raised by any country globally.
However, April witnessed a double-digit decline in VC funding deals volume and value compared to the previous month. While the total deals volume in declined by 31.9% in April compared to March, deal value declined by 24.7%.
Nevertheless, despite the subdued activity, the US continued to account for the highest share of global VC funding landscape. It accounted for around 40% and 50% of the global VC funding deal volume and value for January-April 2022, respectively.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The US is witnessing high inflation, which, along with the ongoing Russia-Ukraine conflict, seems to be impacting investors’ confidence. However, despite the prevailing uncertainty and market volatility, VC investors, though cautious, were not shying away from placing big bets in promising startups.”
Some of the notable VC funding deals announced in the US during January to April 2022 included $935 million funding raised by Flexport, $675 million funding raised by The Boring Company, $580 million raised by Anthropic, $550 million raised by Fireblocks, $517.8 million funding raised by Eikon Therapeutics and $500 million raised by AvantStay.