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Welcome
BNP Paribas Equities Division
March 2023
Gerard Grech
CEO, Tech Nation
Page / 2
$30BN+ Investment raised
48 Programme cohorts delivered
5000+ Startup and scaleup companies
engaged
Academy learners
64,000+
Data reports delivered
80+
5,000+ Visa applications processed
Tech Nation has been accelerating the progress of entrepreneurs, enterprises and
the economy since 2014; we have supported 30% of the UKʼs tech unicorns
£600M+ GVA Generated
2
Tech Nation Unicorn Alumni
1300+ Company graduates
3 Parts to the presentation
1. What happened in 2022 that may impact 2023
2. Some of the UKʼs sub sector strengths
3. 2023 and beyond
Followed by post presentation QA
The state of UK tech in 2022
1
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VC investment into UK startups » view online
$10B
2018 2019 2020 2021
$20B
$30B
$40B
UK startups raised $30B in 2022. This is down from the heights of 2021 when funding
peaked globally, however is still 72% higher than the 2020 total.
Over 2,700+ UK startups raised in 2022 » view online
$30B
2022
$41.3B
$11.9B
Source: Dealroom.co.
Page / 6
Global VC investment (exc. The USA) United Kingdom VC investment
The UK startup and scaleup ecosystem has shown resilience during a challenging
global pullback in venture capital.
$100B
$200B
$300B
$400B
$10B
$20B
$30B
$50B
$40B
2018 2019 2020 2021 2022
(YTD)
$219B
$312B $41B
$30B
-32% -28%
2018 2019 2020 2021 2022
(YTD)
Source: Dealroom.co.
Page / 7
However, there could be more challenging times ahead. We are only just beginning
to see the full impact of a slowing market in the second half of 2022.
$2B
$4B
$6B
Dec
2022
Jun
2022
Dec
2021
Jun
2021
Dec
2019
Dec
2020
Jun
2020
Monthly VC investment into UK startups over the past 48 months
» view online
Source: Dealroom.co.
Page / 8
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Enterprise value of UK tech companies
» view online
2018 2019 2020 2021
$500B
$1T
▊ $0–250M ▊ $250–1B (Future unicorn) ▊ $1B–10B (Unicorn) ▊ $10B+ (Decacorn)
The UK tech ecosystem is now valued at $1T.
2022
2017
2016
2015
2014
2013
2012
$1.0T
$910B
15.6X
increase
$640B
Source: Dealroom.co.
VC investment in 2022 by selected European countries, top 10
» view online
United Kingdom
France
Germany
Sweden
Spain
The Netherlands
Ireland
Finland
Norway
$2.1B
$1.9B
$1.8B
$30.2B
$14.9B
$11.5B
$3.7B
$3.5B
$5.6B
Investment activity in the UK is double that of the next biggest European market,
however European neighbours are closing the gap.
Switzerland $4.9B
Source: Dealroom.co. Data correct to 20 December 2022
The UK has shown stronger resilience than most other top countries for VC
investment amongst a global pullback in venture capital.
-39%
Top 10 countries by VC funding in 2021, year-on-year VC investment (2021-2022)
Source: Dealroom.co. Data correct to 20 December 2022
-25%
-60%
-29%
5%
-43%
-49%
-27%
-45%
-36%
United Kingdom
Page / 11
The trend to late-stage has reversed in 2022. Less than half of UK funding came
from $100M+ megarounds this year, the first time since 2017.
100%
80%
60%
40%
20%
0%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Quantity of VC capital into the UK visualised through different round types
Source: Dealroom.co.
Note: due to reporting lag, the last 12 months are systematically under reporting on rounds especially small rounds.
Page / 12
Public markets are closed to new business.
UK startups are going public at their lowest rate in over a decade.
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
150
100
50
Number of realised exits via SPAC & IPO in the UK
over the past decade » view online
46
76
103
61
58
74
59
32
42
77
10
Source: Dealroom.co.
Note: due to reporting lag, the last 12 months are systematically under reporting on rounds especially small rounds.
Page / 13
The UK is entering a unicorn winter. With exit routes narrowing and a late-stage
capital crunch, new unicorns are once again becoming rare beasts.
1
New Unicorns founded in the UK over the past eight years
»view online
2
3
4
5
6
7
8
9
Q1
2014
Q3
2014
Q1
2015
Q3
2015
Q1
2016
Q3
2016
Q1
2017
Q3
2017
Q1
2018
Q3
2018
Q1
2019
Q3
2019
Q1
2020
Q3
2020
Q1
2021
Q3
2021
Q1
2022
Q3
2022
Source: Dealroom.co.
Page / 14
UK-based VCs have raised over $20B in dry powder in the last 24 months. However,
challenging conditions may mean slower, more cautious deployment to startups.
Capital raised by new VC funds in the UK (2018-2022)
»view more
$15B
2019 2020 2021 2022
Year-to-
date
$5B
$8.7B
$10.9B $10.6B
$6.7B
2018
$10B
$5B
Source: Dealroom.co.
Page / 15
At the current rate, we can expect funding in 20023 to be potentially half what it
was in 2022
2 UK and global strength sectors
Page / 17
UK fintech startups raised over $11B in 2022, more than any country apart from
the US.
Fintech VC Investment into the UK against its local & international
counterparts in 2022(YTD)*
Largest investment rounds into
UK fintech companies in 2022 »view online
FNZ
$1.4B | Growth Equity VC
Feb 2022
Checkout.com
$1B | Series D
Jan 2022
Bloom
£300M | Series A
May 2022
SumUp
$312M | Late VC
Jun 2022
GoCardless
$312M | Series G
Feb 2022
Lendable
£210M | Growth Equity VC
Mar 2022
ClearBank
$229M | Growth Equity VC
Mar 2022
Paddle
$200M | Series D
May 2022
Genesis Global
Solutions
$200M | Series C
Feb 2022
UK
France
Germany
Canada
Sweden
Australia
Switzerland
The Netherlands
$11B
$3.1B
$2B
$1.9B
$1.5B
$0.8B
$0.7B
$0.6B
South Korea $0.6B
USA $33B
India $6.3B
Source: Dealroom.co.
Page / 18
The UK and France were neck and neck for climate tech funding in 2022, and
Sweden punches well above its weight in these vital future technologies.
Climate Tech VC Investment into the UK against its local &
international counterparts in 2022(YTD) *
Largest investment rounds into
UK Climate Tech companies in 2022 »view online
NewCleo
€300M | Early VC
Jun 2022
GRIDSERVE
£200M | Growth Equity VC
Aug 2022
Octopus Energy
$225M | Growth Equity VC
Jul 2022
Carbon Clean
Solutions
$150M | Series C
May 2022
Connected Kerb
£110M | Late VC
Oct 2022
Be.EV
£110M | Early VC
Oct 2022
5ire
$110M | Series A
Jul 2022
Storegga
£51M | Undefined
May 2022
The Modern
Milkman
£50M | Series C
Nov 2022
UK
France
Sweden
Germany
Canada
The Netherlands
Switzerland
$2.9B
$2.9B
$2.6B
$1.7B
$1.1B
$0.9B
$0.7B
India $0.5B
USA $19B
China $2.2B
Source: Dealroom.co.
Page / 19
UK Deep Tech startups raised over $4.7B in 2022. This is more than any other EMEA
nation, but it is still an order of magnitude smaller than US investment.
Deep Tech VC Investment into the UK against its local &
international counterparts in 2022(YTD)*
Largest investment rounds into
UK Deep Tech companies in 2022 »view online
NewCleo
€300M | Early VC
Jun 2022
Wayve
$200M | Series B
Jan 2022
GWI
$180M | Series B
Feb 2022
Improbable
$150M | Late VC
Apr 2022
Carbon Clean
Solutions
$150M | Series C
May 2022
Improbable
$112M | Late VC
Oct 2022
Stability.ai
$101M | Series A
May 2022
Astraprotocol
€10M | Series A
Oct 2022
5ire
$100M | Series A
Jul 2022
USA $44B
UK
Israel
France
Germany
Sweden
Canada
Switzerland
$4.7B
$3.1B
$2.3B
$2.2B
$2.1B
$2.1B
$1.5B
India $1.7B
China $5.6B
Source: Dealroom.co.
3 2023 and beyond
Page / 21
From digitisation to decarbonisation.
And the UK becoming a science superpower
Page / 22
2023 and beyond in UK Tech
Source: Dealroom.co.
1. Quantum Strategy: £2.5 billion announced in support of UK Quantum sector over the next ten years
2. Future of Compute Review: £900 million for an Exascale supercomputing facility, providing
scientists with access to cutting edge computing power for the AI community.
3. Vallance Regulatory Review: Several measures to take forward including AI Regulatory Sandboxes
and work to clarify the application of intellectual property law to generative AI.
4. Innovation Accelerators Allocation of £100 million funding for the Innovation Accelerators programme
and will shortly publish the details of the 26 transformative R&D projects across the UK
5. AI Challenge Prize (the ‘Manchester Prize’): £1 million prize every year for the next 10 years to
researchers that drive progress in critical areas of AI.
6. AI Foundation Models Taskforce: the government is establishing a taskforce to advance UK sovereign
capability in AI foundation models, including large language models, and provide direct advice to
ministers
7. Web3: The government is committing to undertake work to maximise the potential of the future of web
technology, sometimes known as Web3 or the Metaverse, to spur UK growth and innovation.
8. University Spinout Review: review to compare approaches in the UK to those of other leading spin-out
regimes to ensure the right incentives are in place fulfil its ambition to become a science superpower.
4 Conclusion
Page / 24
UK startups raised $30B, the second
best year on record despite the
downturn.
UK startups raised $30B in 2022. This is down from the
heights of 2021 funding which peaked globally, but is
still 72% higher than the total from 2020, a record
high year for VC investment for many nations globally.
In conclusion
UK tech raised the most reaching an
ecosystem enterprise value of $1T.
Combined value of UK tech companies has now
reached over $1T by the end of 2022.
The UK is just the third country in the world to pass
this milestone after the US and China.
UK and France top European countries
in terms of Climate Tech funding in
2022 with $2.9B.
A once dominant UK in the European Climate Tech
ecosystem has now seen neighbouring countries such
as France and Sweden match or catch up to levels of
investment into this sector.
UK VC Investment growth year-on-year Tech investment in the UK is double its nearest
European counterpart
Top 4 European Climate Tech funded nations in 2022
2022
2021
2020
2019
2018
$10B
$20B
$30B
$40B
$50B
Germany
Sweden
UK
France
$1B
$2B
$3B
$30B
$2.9B $2.9B
$2.6B
$1.7B
Source: Dealroom.co.
Thank you
@gerardgrech
@technation
Page / 26
Venture capital
investment
Investment numbers refer to
rounds such as seed, series A,
B, C, …. late stage, and growth
equity rounds
Venture capital investment
figures exclude debt or other
non-equity funding, lending
capital, grants and ICOs.
Buyouts, M&A, secondary
rounds, and IPOs are treated as
exits: excluded from funding
data.
Investment rounds are sourced
from public disclosures
including press releases, news,
filings and verified
user-submitted information.
Company valuations
(public & private)
Company valuations are based
on their market capitalization
(public) or latest transaction
value. Share price are usually
taken around the publishing
date of the report.
For private companies, the
valuation is taken from their
exit or implied unrealised
valuation from the latest VC
round, which is either
announced or estimated by
Dealroom based on market
benchmarks.
Startups, scaleups,
grownups and tech
Companies designed to grow
fast. Generally, such companies
are VC-investable businesses.
Sometimes they can become
very big (e.g. $1B+ valuation).
When startups are successful,
they develop into scaleups
(>50 people), grownups (>500
people) and result in big
companies, like Adyen.
In this report, the term “tech
ecosystem” refers to startups,
scaleups grownups from
different vintages/cohorts.
Only companies founded after
1990 are included in this
report.
Data sources used in
this report
Dealroomʼs proprietary
database and software
aggregate data from multiple
sources: harvesting public
information, user-generated
data verified by Dealroom, data
engineering.
All data is verified and curated
manually. The report includes
data up until the 20 December
2022.
For more info please visit
dealroom.co or contact
support@dealroom.co
Methodology & definitions.
Geographic scope of
this report
The geographic scope includes
startups that are
headquartered within the
United Kingdom only..
Company and investor
locations are based on their
current HQ and not founding
location.
For further information
regarding the Dealroom.co
taxonomy, please refer to the
following link:
What is a startup? Taxonomy and Terms
The most complete and detailed picture of UKʼs tech ecosystem,
in partnership with Tech Nation: datacommons.technation.io
76,000+
startups & scaleups
500+
Accelerators, workspaces
15,500+
funds & corporate investors
30,000+
Funding rounds & exits
Initiated by
For founders
Know your ecosystem
Get inspired
For VCs &
corporates
Discover hot startups & scaleups.
Get new insights & trends
For researchers
Apply for data access, to
support your research projects.
For governments
Better understanding of startup
ecosystem dynamics
Visit datacommons.technation.io/
Powered by
Supported by
To discuss partnership opportunities, contact
support@dealroom.co

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UK Tech Investment Overview - BNP Paribas

  • 1. Welcome BNP Paribas Equities Division March 2023 Gerard Grech CEO, Tech Nation
  • 2. Page / 2 $30BN+ Investment raised 48 Programme cohorts delivered 5000+ Startup and scaleup companies engaged Academy learners 64,000+ Data reports delivered 80+ 5,000+ Visa applications processed Tech Nation has been accelerating the progress of entrepreneurs, enterprises and the economy since 2014; we have supported 30% of the UKʼs tech unicorns £600M+ GVA Generated 2 Tech Nation Unicorn Alumni 1300+ Company graduates
  • 3. 3 Parts to the presentation 1. What happened in 2022 that may impact 2023 2. Some of the UKʼs sub sector strengths 3. 2023 and beyond Followed by post presentation QA
  • 4. The state of UK tech in 2022 1
  • 5. Page / 5 Page / 5 VC investment into UK startups » view online $10B 2018 2019 2020 2021 $20B $30B $40B UK startups raised $30B in 2022. This is down from the heights of 2021 when funding peaked globally, however is still 72% higher than the 2020 total. Over 2,700+ UK startups raised in 2022 » view online $30B 2022 $41.3B $11.9B Source: Dealroom.co.
  • 6. Page / 6 Global VC investment (exc. The USA) United Kingdom VC investment The UK startup and scaleup ecosystem has shown resilience during a challenging global pullback in venture capital. $100B $200B $300B $400B $10B $20B $30B $50B $40B 2018 2019 2020 2021 2022 (YTD) $219B $312B $41B $30B -32% -28% 2018 2019 2020 2021 2022 (YTD) Source: Dealroom.co.
  • 7. Page / 7 However, there could be more challenging times ahead. We are only just beginning to see the full impact of a slowing market in the second half of 2022. $2B $4B $6B Dec 2022 Jun 2022 Dec 2021 Jun 2021 Dec 2019 Dec 2020 Jun 2020 Monthly VC investment into UK startups over the past 48 months » view online Source: Dealroom.co.
  • 8. Page / 8 Page / 8 Enterprise value of UK tech companies » view online 2018 2019 2020 2021 $500B $1T ▊ $0–250M ▊ $250–1B (Future unicorn) ▊ $1B–10B (Unicorn) ▊ $10B+ (Decacorn) The UK tech ecosystem is now valued at $1T. 2022 2017 2016 2015 2014 2013 2012 $1.0T $910B 15.6X increase $640B Source: Dealroom.co.
  • 9. VC investment in 2022 by selected European countries, top 10 » view online United Kingdom France Germany Sweden Spain The Netherlands Ireland Finland Norway $2.1B $1.9B $1.8B $30.2B $14.9B $11.5B $3.7B $3.5B $5.6B Investment activity in the UK is double that of the next biggest European market, however European neighbours are closing the gap. Switzerland $4.9B Source: Dealroom.co. Data correct to 20 December 2022
  • 10. The UK has shown stronger resilience than most other top countries for VC investment amongst a global pullback in venture capital. -39% Top 10 countries by VC funding in 2021, year-on-year VC investment (2021-2022) Source: Dealroom.co. Data correct to 20 December 2022 -25% -60% -29% 5% -43% -49% -27% -45% -36% United Kingdom
  • 11. Page / 11 The trend to late-stage has reversed in 2022. Less than half of UK funding came from $100M+ megarounds this year, the first time since 2017. 100% 80% 60% 40% 20% 0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Quantity of VC capital into the UK visualised through different round types Source: Dealroom.co. Note: due to reporting lag, the last 12 months are systematically under reporting on rounds especially small rounds.
  • 12. Page / 12 Public markets are closed to new business. UK startups are going public at their lowest rate in over a decade. 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 150 100 50 Number of realised exits via SPAC & IPO in the UK over the past decade » view online 46 76 103 61 58 74 59 32 42 77 10 Source: Dealroom.co. Note: due to reporting lag, the last 12 months are systematically under reporting on rounds especially small rounds.
  • 13. Page / 13 The UK is entering a unicorn winter. With exit routes narrowing and a late-stage capital crunch, new unicorns are once again becoming rare beasts. 1 New Unicorns founded in the UK over the past eight years »view online 2 3 4 5 6 7 8 9 Q1 2014 Q3 2014 Q1 2015 Q3 2015 Q1 2016 Q3 2016 Q1 2017 Q3 2017 Q1 2018 Q3 2018 Q1 2019 Q3 2019 Q1 2020 Q3 2020 Q1 2021 Q3 2021 Q1 2022 Q3 2022 Source: Dealroom.co.
  • 14. Page / 14 UK-based VCs have raised over $20B in dry powder in the last 24 months. However, challenging conditions may mean slower, more cautious deployment to startups. Capital raised by new VC funds in the UK (2018-2022) »view more $15B 2019 2020 2021 2022 Year-to- date $5B $8.7B $10.9B $10.6B $6.7B 2018 $10B $5B Source: Dealroom.co.
  • 15. Page / 15 At the current rate, we can expect funding in 20023 to be potentially half what it was in 2022
  • 16. 2 UK and global strength sectors
  • 17. Page / 17 UK fintech startups raised over $11B in 2022, more than any country apart from the US. Fintech VC Investment into the UK against its local & international counterparts in 2022(YTD)* Largest investment rounds into UK fintech companies in 2022 »view online FNZ $1.4B | Growth Equity VC Feb 2022 Checkout.com $1B | Series D Jan 2022 Bloom £300M | Series A May 2022 SumUp $312M | Late VC Jun 2022 GoCardless $312M | Series G Feb 2022 Lendable £210M | Growth Equity VC Mar 2022 ClearBank $229M | Growth Equity VC Mar 2022 Paddle $200M | Series D May 2022 Genesis Global Solutions $200M | Series C Feb 2022 UK France Germany Canada Sweden Australia Switzerland The Netherlands $11B $3.1B $2B $1.9B $1.5B $0.8B $0.7B $0.6B South Korea $0.6B USA $33B India $6.3B Source: Dealroom.co.
  • 18. Page / 18 The UK and France were neck and neck for climate tech funding in 2022, and Sweden punches well above its weight in these vital future technologies. Climate Tech VC Investment into the UK against its local & international counterparts in 2022(YTD) * Largest investment rounds into UK Climate Tech companies in 2022 »view online NewCleo €300M | Early VC Jun 2022 GRIDSERVE £200M | Growth Equity VC Aug 2022 Octopus Energy $225M | Growth Equity VC Jul 2022 Carbon Clean Solutions $150M | Series C May 2022 Connected Kerb £110M | Late VC Oct 2022 Be.EV £110M | Early VC Oct 2022 5ire $110M | Series A Jul 2022 Storegga £51M | Undefined May 2022 The Modern Milkman £50M | Series C Nov 2022 UK France Sweden Germany Canada The Netherlands Switzerland $2.9B $2.9B $2.6B $1.7B $1.1B $0.9B $0.7B India $0.5B USA $19B China $2.2B Source: Dealroom.co.
  • 19. Page / 19 UK Deep Tech startups raised over $4.7B in 2022. This is more than any other EMEA nation, but it is still an order of magnitude smaller than US investment. Deep Tech VC Investment into the UK against its local & international counterparts in 2022(YTD)* Largest investment rounds into UK Deep Tech companies in 2022 »view online NewCleo €300M | Early VC Jun 2022 Wayve $200M | Series B Jan 2022 GWI $180M | Series B Feb 2022 Improbable $150M | Late VC Apr 2022 Carbon Clean Solutions $150M | Series C May 2022 Improbable $112M | Late VC Oct 2022 Stability.ai $101M | Series A May 2022 Astraprotocol €10M | Series A Oct 2022 5ire $100M | Series A Jul 2022 USA $44B UK Israel France Germany Sweden Canada Switzerland $4.7B $3.1B $2.3B $2.2B $2.1B $2.1B $1.5B India $1.7B China $5.6B Source: Dealroom.co.
  • 20. 3 2023 and beyond
  • 21. Page / 21 From digitisation to decarbonisation. And the UK becoming a science superpower
  • 22. Page / 22 2023 and beyond in UK Tech Source: Dealroom.co. 1. Quantum Strategy: £2.5 billion announced in support of UK Quantum sector over the next ten years 2. Future of Compute Review: £900 million for an Exascale supercomputing facility, providing scientists with access to cutting edge computing power for the AI community. 3. Vallance Regulatory Review: Several measures to take forward including AI Regulatory Sandboxes and work to clarify the application of intellectual property law to generative AI. 4. Innovation Accelerators Allocation of £100 million funding for the Innovation Accelerators programme and will shortly publish the details of the 26 transformative R&D projects across the UK 5. AI Challenge Prize (the ‘Manchester Prize’): £1 million prize every year for the next 10 years to researchers that drive progress in critical areas of AI. 6. AI Foundation Models Taskforce: the government is establishing a taskforce to advance UK sovereign capability in AI foundation models, including large language models, and provide direct advice to ministers 7. Web3: The government is committing to undertake work to maximise the potential of the future of web technology, sometimes known as Web3 or the Metaverse, to spur UK growth and innovation. 8. University Spinout Review: review to compare approaches in the UK to those of other leading spin-out regimes to ensure the right incentives are in place fulfil its ambition to become a science superpower.
  • 24. Page / 24 UK startups raised $30B, the second best year on record despite the downturn. UK startups raised $30B in 2022. This is down from the heights of 2021 funding which peaked globally, but is still 72% higher than the total from 2020, a record high year for VC investment for many nations globally. In conclusion UK tech raised the most reaching an ecosystem enterprise value of $1T. Combined value of UK tech companies has now reached over $1T by the end of 2022. The UK is just the third country in the world to pass this milestone after the US and China. UK and France top European countries in terms of Climate Tech funding in 2022 with $2.9B. A once dominant UK in the European Climate Tech ecosystem has now seen neighbouring countries such as France and Sweden match or catch up to levels of investment into this sector. UK VC Investment growth year-on-year Tech investment in the UK is double its nearest European counterpart Top 4 European Climate Tech funded nations in 2022 2022 2021 2020 2019 2018 $10B $20B $30B $40B $50B Germany Sweden UK France $1B $2B $3B $30B $2.9B $2.9B $2.6B $1.7B Source: Dealroom.co.
  • 26. Page / 26 Venture capital investment Investment numbers refer to rounds such as seed, series A, B, C, …. late stage, and growth equity rounds Venture capital investment figures exclude debt or other non-equity funding, lending capital, grants and ICOs. Buyouts, M&A, secondary rounds, and IPOs are treated as exits: excluded from funding data. Investment rounds are sourced from public disclosures including press releases, news, filings and verified user-submitted information. Company valuations (public & private) Company valuations are based on their market capitalization (public) or latest transaction value. Share price are usually taken around the publishing date of the report. For private companies, the valuation is taken from their exit or implied unrealised valuation from the latest VC round, which is either announced or estimated by Dealroom based on market benchmarks. Startups, scaleups, grownups and tech Companies designed to grow fast. Generally, such companies are VC-investable businesses. Sometimes they can become very big (e.g. $1B+ valuation). When startups are successful, they develop into scaleups (>50 people), grownups (>500 people) and result in big companies, like Adyen. In this report, the term “tech ecosystem” refers to startups, scaleups grownups from different vintages/cohorts. Only companies founded after 1990 are included in this report. Data sources used in this report Dealroomʼs proprietary database and software aggregate data from multiple sources: harvesting public information, user-generated data verified by Dealroom, data engineering. All data is verified and curated manually. The report includes data up until the 20 December 2022. For more info please visit dealroom.co or contact support@dealroom.co Methodology & definitions. Geographic scope of this report The geographic scope includes startups that are headquartered within the United Kingdom only.. Company and investor locations are based on their current HQ and not founding location. For further information regarding the Dealroom.co taxonomy, please refer to the following link: What is a startup? Taxonomy and Terms
  • 27. The most complete and detailed picture of UKʼs tech ecosystem, in partnership with Tech Nation: datacommons.technation.io 76,000+ startups & scaleups 500+ Accelerators, workspaces 15,500+ funds & corporate investors 30,000+ Funding rounds & exits
  • 28. Initiated by For founders Know your ecosystem Get inspired For VCs & corporates Discover hot startups & scaleups. Get new insights & trends For researchers Apply for data access, to support your research projects. For governments Better understanding of startup ecosystem dynamics Visit datacommons.technation.io/ Powered by Supported by To discuss partnership opportunities, contact support@dealroom.co