Based on the data provided by this leading data and analytics company, this has been the highest VC funding volume for any European country during these five months. Besides taking the top spot among European markets, the UK is also among the top five global markets for VC funding. Accordingly, the Lead analyst at GlobalData, Aurojyoti Bose, noted that the UK was a notable exception when it comes to VC funding this year.
Notable mentions
Meanwhile, among the more notable VC-funded deals in the UK during May encompassed a $377 million raised by Bloom, which led the cohort. Other noteworthy mentions include $200 million raised by Paddle, $160 million by Thought Machine Group, and $150 million by Carbon Clean. With inflation rocking the markets and a possibility of stagflation, seeing VCs ramp up investments is a welcome sign to distressed markets. Confidence in the start-up space usually signals that money is ample and good things are expected to happen for the economy. However, market participants should keep an eye on the ongoings in the war in Ukraine to best gauge how the markets in Europe could develop as it seems that an energy crisis, not just on the continent but also globally might further disrupt markets. Buy stocks now with Interactive Broker – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
