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29th May 2020

UK start-ups record strongest ever opening quarter for fundraising

The value of venture capital raised by UK companies rose to its highest first quarter total on record according to research from Refinitiv. UK companies raised £2.1bn from 137 deals in the first three months of 2020 – up from the £1.9bn in Q1 2019 from 135 deals. This represents a 13% rise in value and a 1% rise in volume year on year. Deal value was also slightly down from the last three months of 2019 which saw £2.4bn raised from 132 deals.

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