A total of 6,511 venture capital (VC) funding deals were announced in the US during January-July 2022 with disclosed funding value standing at $135.9 billion, according to GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Financial Deals Database reveals that since April 2022 deal activity in the US has mostly remained subdued, with deal value consistently declining and deal volume remaining inconsistent.
Meanwhile, July witnessed a significant drop in both VC funding volume as well as value. Deal value declined by 22.9% in July compared to the previous month, whereas deal volume also declined by 22.5% after registering a marginal growth in June.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Investors’ appetites do appear to have been affected by the rising inflation in the US. Although the country continues to attract the highest number of VC investments globally, there have been no billion-dollar VC funding deals announced so far this year.”
However, 26 VC funding deals valued at more than or equal to $100 million were announced in the US in July 2022. Some of these notable deals include $700 million of funding raised by BAI Capital, $355 million raised by VulcanForms, $350 million of funding raised by Areteia Therapeutics, $260 million raised by Whatnot, and $250 million raised by TAE Technologies.
