VC investment in the Americas rose to an eight-quarter high of $58.3 billion in Q2’24, driven in part by a resurgence in $100 million mega-deals in the US. VC investment outside the US remained subdued compared to historical norms, despite strong increases quarter-over-quarter in Canada, Brazil, and Mexico. In Canada, VC investment rose from $783 million in Q1’24 to $1.3 billion in Q2’24, while in Brazil, VC investment rose from $352.8 million to $816.8 million. In Mexico, VC investment rose dramatically, from a mere $33 million to $225.9 million quarter-over-quarter.
