New report shows UK set for a record year of VC funding

Jul 31, 2019 · uktech.news

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Early-stage venture capital fund White Star Capital has released a new report on the UK venture capital landscape from the eyes of an international investor.

The report reveals that, despite strong headwinds, the UK is set for a record year of VC activity. Following a decline to $5.4bn in 2018 from the record heights of $5.8bn experienced in 2017, this year is set to surpass the previous figures.

The total amount of funding secured by UK technology companies has already hit $4.9bn, accounting for 85% of 2017’s funding and twice the amount of capital secured during the first six months of 2018.

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