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UK founders grow frustrated over dearth of funding: ‘the problem is getting worse’

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UK founders grow frustrated over dearth of funding: ‘the problem is getting worse’ - TechCrunch

Quick Summary:

According to Dealroom data cited by the Financial Times, British start-ups raised just £16.2 billion last year, far less than the more than £65 billion raised by their counterparts in Silicon Valley during the same period.In fact, the U.S.appears to be pulling further ahead each year.

And the problem is getting worse,” he said.“Honestly, the U.K.is kinda f***d if it doesn’t address [the problem].

In 2024, 57% of global venture capital funding went to U.S.startups — the first time that share has exceeded 50% in over a decade, per Dealroom.


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Article Details

Author / Journalist: Connie Loizos

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 23:43:48 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 216 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 44 words per sentence (average)

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

Copyright Owner: © TechCrunch

News ID: 27852160

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