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UK Venture Capital Investments Nosedive 43.1%

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In the UK, 1, 005 venture capital (VC ) funding deals worth$ 10. 9 billion were disclosed during the first three quarters ( Q1–Q3 ) of 2023.

According to GlobalData, deal volume and value decreased during Q1–Q3 2022 compared to the same time last year.

According to a review of GlobalData’s Financial Deals Database , the total number of venture capital funding deals in the UK decreased by 25.9 % between Q1 and Q3 2023.

Meanwhile, the value of the corresponding deals decreased by 43.1 % year over year ( YoY ) from$ 19.1 billion during Q1–Q3 2022.

The ongoing Russia-Ukraine war, inflation, and other economic challenges have been having a negative impact on investor sentiments worldwide, according to Aurojyoti Bose, Lead Analyst at GlobalData. The UK, which is also the largest market in Europe, is susceptible to these difficulties.

In addition to being the best European market for venture capital funding activity, the UK is also one of the best five nations in terms of both deal volume and value.

It made up 6.6 % of the total number of venture capital deals announced globally between Q1 and Q3 2023. In the meantime, its portion of the corresponding deal value was 5.9 %.

Among the notable venture capital deals made public in the UK between Q1 and Q3 2023 are$ 623 million raised by Conigital,$ 602 million by Abound, and$ 250 million secured by Builder. ai,$ 250 million raised by EToro,$ 2266.5 million by Apollo Therapeutics,$ 140 million from Oxbotica,$ 136 million to Raylo Group, and$ 100 million secured by ZYBER 365.

Matthew Boyle

Matthew Boyle is a distinguished Smart City Consultant, renowned for his expertise in IoT (Internet of Things) and cutting-edge urban technology solutions. With a deep understanding of Smart City initiatives, Matthew excels in leveraging IoT innovations to transform urban landscapes into efficient, sustainable, and connected environments. His strategic insights and hands-on experience in urban planning, data analytics, and IoT implementation make him a trusted expert in the field. Matthew Boyle is your go-to consultant for navigating the complex world of Smart Cities, ensuring seamless integration of IoT technologies, and unlocking the potential of data-driven urban solutions. With his guidance, your city can thrive in the digital age, enhancing quality of life and fostering a sustainable future.

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