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.