UK surpasses India as world’s third-largest venture capital market July 11, 2024 The UK has leapfrogged India to become the world's third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking in recent years.
UK sweeps a third of European tech funding in 2024 as London and Cambridge boom July 11, 2024 UK firms have received nearly a third of European venture capital tech funding so far this year, new data shows, as investors flock back to London and Cambridge bolsters its credentials as an international hub.
VC firm Index Ventures raises £1.8bn to back UK start-ups and unicorns like Revolut July 10, 2024 The VC firm believes that rapid advancements in artificial intelligence (AI), a deep talent pool and proven hyper-growth playbooks are driving big opportunities.
Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
GoJoe: Fitness app gets cash injection worth £2.4m from Revolut and Just Eat investor July 9, 2024 Employee engagement and wellbeing app GoJoe has secured a cash injection worth more than £2m from the investor behind brands including Revolut, Just Eat and Charlotte Tilbury, as it looks to expand its corporate offering.
Why London shouldn’t chase Silicon Valley in the global tech race: James Wise July 4, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services, tech and fintech. This week, its venture capital investor and author James Wise.
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
Stokes and Ennis-Hill-backed VC firm invests in Naomi Osaka’s media company June 18, 2024 It joins LeBron James, Fenway Sports Group, Nike and Epic Games in backing the company.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
What Wayve’s billion-dollar round says about the UK’s fundraising landscape May 12, 2024 Wayve's latest funding round was heralded as a watershed moment for UK tech, but also revealed a worrying trend about our fundraising landscape.