The US venture capital (VC) market entered a phase of concentration and scale in 2025. While the deal volume remained broadly stable, total funding rose sharply by around 53% year-on-year (YoY). This shift highlights growing investor confidence in select high-impact sectors and confirms the US as the primary engine of global VC activity, according to GlobalData, a leading intelligence and productivity platform.
An analysis of GlobalData’s Financial Deals Database revealed that VC deal value in the US reached $229 billion in 2025, accounting for about two-thirds of the total capital invested by VC firms globally.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The US VC market in 2025 is characterized by bigger checks, a pattern often associated with heightened investor conviction in select themes such as artificial intelligence (AI). Moreover, the latest comparative data for leading VC markets reinforces the country’s position as the anchor of global VC activity even as other countries posted mixed trends.”
Some of the notable VC funding deals announced in the US during 2025 include: $40 billion raised by OpenAI, $13 billion secured by Anthropic, $6.2 billion raised by Project Prometheus, more than $4 billion secured by Databricks, $3.5 billion raised by Anthropic (Claude), and $3 billion secured by Infinite Reality.
In global context, VC deal volume declined by 3%, underscoring the resilience of the US dealmaking in a softer overall environment. The US VC funding value also surged massively, outpacing global growth of around 31%. It is noteworthy that this global growth is primarily driven by the US.
Meanwhile, China expanded its deal volume by around 16% but registered a drop in funding value by around 17%. The UK market witnessed VC deal volume and value declining by around 17% and 3%, respectively.
The US share of global VC deal volume increased from around 29% in 2024 to 30% in 2025, whereas its share of global value jumped from 55% to 64%, indicating that the US captured a much larger slice of the world’s VC investments even without a notable rise in deal count.
Bose concludes: “The US is likely to remain the main driver of global venture capital. However, capital will increasingly flow toward proven technologies and scalable platforms, while weaker ecosystems may struggle to attract large investments. This divergence could reshape global innovation leadership and competitive dynamics over the next few years.”
Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain.
