1、LOGOS SPACINGYEAR/EXTRA LABELTITLEGRAPH TITLEGRAPH/MAIN CONTENTFOOTERGRAPH 1GRAPH 2EXTRA CONTENTALIGN HERE EXTRA CONTENT/SOURCES/INSPIRATIONTILES WITH SHADOWALIGN HERE TEXT BOXESUSE THESE FOR ANY TEXT BOXBUTTONSALIGN HEREPALETTESALIGN HERE TILES/POINTERSALIGN HERE ModelUK tech updateLondon Tech Week

2、 2023June 2023Page/2 LOGOS SPACINGYEAR/EXTRA LABELTITLEGRAPH TITLEGRAPH/MAIN CONTENTFOOTERGRAPH 1GRAPH 2EXTRA CONTENTALIGN HERE EXTRA CONTENT/SOURCES/INSPIRATIONStatus:WIPYET TO ADD DATAKey TakeawaysThe UK retains position as#3 country for VC investment globally,and first in Europe.The UK has raised

3、 double the investment of any other European country in 2023.London was the#1 global hub for fintech last year,but is also diversifying.UK startups have raised$8.9B so far in 2023.This is a 50%decrease in investment compared to the same period last year,as global venture markets have been rockets in

4、 the last year.However,the UK retains its global position,and early-stage investment in particular is holding up well.The UK still dominates the European startup and investment landscape.In 2023,UK startups have raised 2.3x the investment of the next European ecosystem-France.However,the rest of Eur

5、ope is closing the gap.Longer term investment growth trends show the UK behind the European average.London fintech startups raised more investment than any other global hub in 2022,ahead of New York and the Bay Area.Fintech accounted for 45%of all investment in the city in 2022.But London is also di

6、versifying.Of the nine new unicorns produced in the last year,just one is Fintech(Copper).New scale startups are also emerging in Edtech(Multiverse),Energy(NewCleo)and AI(Stability AI),among other sectors.USChinaUKIndiaFrance$70B$20B$9B$5B$4BTop countries by VC investment in 202340%80%120%FRITIEFINL