2024 VC Disruption Index
Funding Rise: Venture funding increased 11% QoQ to $58.4B in Q1’24, spurred by major deals like Amazon’s $2.75B in Anthropic, despite a 21% YoY decline and a 62% drop from Q1’22. Deal Volume Drop: Deal volume fell 7% to 6,238 for the eighth consecutive quarter, with declines in Asia and Europe, while the US saw a modest 1% uptick. Mega-Rounds Surge : $100M+ deals grew 30% QoQ to 105, making up 45% of total funding. Major investors included Amazon and Disney. Unicorns : 19 new unicorns emerged, with Europe achieving a 5-quarter high of 5. Figure, a robotics firm, led with a $2.7B valuation. Sector Shifts: Fintech funding fell 16% QoQ, while digital health surged nearly 50%, driven by biotech investments. Silicon Valley’s Share : Silicon Valley captured $14.4B, or 42% of US funding in Q1’24, with a continued trend of securing over a third of US venture funding since 2020.
Why is relevant?
Identifies the most disruptive technologies attracting VC investment in Q1 2024 and analyzes their potential impact on various industries. It highlights significant sector shifts, with fintech funding falling and digital health surging. The emergence of new unicorns, particularly in Europe , and Silicon Valley’s continued dominance in US funding are critical for understanding current investment dynamics and strategic opportunities.
Author
CB Insights
Publication date
March 14th, 2024
Difficulty
Intermediate
Keywords
- Disruptive Technologies
- Venture Capital Investment
- Emerging Trends
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