2021: Britain named leader in venture capital investment in Europe - $39.8 billion
According to the results of 2021, Britain is in first place in venture capital investment in Europe - $39.8 billion was invested in local startups. This is the fourth indicator in the world after the United States ($328.8 billion), China ($61.8 billion) and India ($44.6 billion). This is evidenced by data from Dealroom analysts, released in January 2022.
Most of the investments in Britain in 2021 came from startups based in London - $25.5 billion, which is more than twice the result of a year ago. Investments in London projects were the largest among European cities, and in the world only companies from San Francisco, New York and Boston raised more funds.
More than 60% of all funding for companies in London in 2021 came in the form of rounds worth $100 million or more. There were 64 such last year, which is much more than in 2019 (18) and in 2020 (19). And there are no signs of a slowdown in pace, experts say.
 | I don't think that something can slow down London, it will continue to be the largest center in Europe, "said Eileen Burbidge, a partner at Passion Capital. |  |
The main reasons for this, she called the cooperation between lawmakers and the technology sector in the city, as well as the personnel reserve accumulated in London.
In 2021, technology companies worth $1 billion and higher also increased in London, their number increased by 20 over the year, new "unicorns" in the capital reached 75.
Among the largest rounds of financing with the participation of London companies in 2021 were investments in the financial technology developer Revolut ($800 million), a similar project Monzo ($600 million in two transactions), a startup in the field of environmentally friendly technologies Octopus Energy ($900 million in two rounds of financing) and the online events platform Hopin ($850 million in two rounds).
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |