UK AI investment on track for record-breaking year

Quick Summary:

Artificial intelligence is taking an ever-greater share of UK venture capital, according to new analysis from HSBC Innovation Banking UK and Dealroom.

UK startups raised more than France and Germany combined in H1 2024 ($9.4 billion vs.$8.6 billion).

Cambridge and Oxford startups have raised the most venture capital outside of London in 2024.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United KingdomChinaFranceGermanySwitzerland

Topics: Startup Startups Value Ecosystem 2024 Year Sector Rounds Innovation Raised University

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 05:27:05 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 626 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 21649696

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 5 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #61

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