Silicon Valley is so dominant again, its startups devoured over half of all global VC funding in 2024 | TechCrunch

Image for article Silicon Valley is so dominant again, its startups devoured over half of all global VC funding in 2024 | TechCrunch
News Source : TechCrunch

News Summary

  • Startups located in the Bay Area vacuumed up $90 billion of VC investment in 2024
  • That was 57% of the $178 billion of global venture funding spent last year
  • It's a result of the area's dominance in AI, the biggest tech of 2024, as well as being home to Big Tech
For all the chatter about the decline of San Francisco, data repeatedly shows that the Bay Area, including the city itself, is still the best place for venturebacked startups.Startups located in t [+1846 chars]

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