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Record £9bn pumped into UK private tech firms in first three months of 2022, placing UK second behind the US globally

June 13, 2022By Daniel Preiskel

City Am reports the amount of cash pumped into British tech firms surged beyond that of China in the first five months of the year as private British tech firms bucked the volatility that has rocked publicly listed tech stocks.

A record £9bn was raised by private UK firms in the first three months of the year, pushing total UK funding to May to £12.4bn and placing the UK second behind the US globally in terms of capital raised, according to data by Dealroom analysed for the UK’s Digital Economy Council.

full story can be found at https://www.cityam.com/uk-tech-investment-hits-12-4bn-as-private-firms-buck-volatility/

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