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Birmingham Post
Birmingham Post
Technology
Sion Barry

UK tech firms only behind the US globally in raising venture capital funding

United Kingdom United States Dealroom Economy

UK tech companies have raised more venture capital funding so far this year than in the whole of 2020.

This puts the UK second to the US globally when it comes to start-up investment and means UK start-ups are outperforming those in China, France and India, when it comes to attracting funding, according to data by Dealroom analysed for the UK’s Digital Economy Council.

So far, more than 950 UK tech start-ups and scale-ups have raised £12.4bn in 2022, compared to £12bn for the whole of 2020.

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