The UK is among the top five global markets for venture capital (VC) funding. A total of 639 VC funding deals were announced in the country during January-April 2022 while the disclosed funding value of these deals stood at $11.1 billion, according to GlobalData, a leading data and analytics company.
Akin to several other global markets such as the US and China, the UK also witnessed a decline in VC funding deals volume and value in April 2022 compared to the previous month. VC funding deal volume and value registered a month-on-month decrease of 30.3% and 21.6% in April, respectively. Meanwhile, this was the third consecutive month of decline in deal value in the UK.
Some of the notable VC funding deals announced in the UK during January-April 2022 included $1 billion raised by Checkout, $295 million raised by o9 Solutions, $270.6 million raised by Britishvolt, $230 million raised by Gousto, $200 million raised by Zapp, and $200 million funding raised by Wayve Technologies, among others.
