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Alternative Market Briefing

UK-based startups raised the highest VC funding at $19.6bn in 1,256 deals during January-August 2021
Monday, September 27, 2021

Laxman Pai, Opalesque Asia:

A total of 1,256 VC funding deals were announced in the UK during January-August 2021, while the disclosed funding value of these deals stood at US$19.6bn.

"The UK is the key European market for venture capital (VC) investments, as the UK-based startups raised the highest VC funding amount during January-August 2021," said a report by GlobalData.

According to the report, deal activity in 2021 so far has remained inconsistent in the UK. After three straight months of growth in VC deal value until July, August reversed the trend. August also marks the second consecutive month of decline in deal volume.

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