Venture Capital Funding

What kind of startups are VCTs looking to invest in?

Drug testing that doesn't involve animals, supplying clean energy directly to businesses, and businesses focused on older consumers are business ideas VCTs want to see in 2024, they tell Growth Business

Technology

Just 7% of UK startups actively involved with AI

Despite the UK pushing for global leadership in artificial intelligence, the number of startups actually capitalising on or developing AI is sparse

Venture Capital Funding

VCT investment rose by 8% last year to £664m

However, much of the extra investment was used to help startups cope with rising costs, rather than expanding their businesses

News

New company launches fell by a quarter between January and May

But company registrations bounced back in May, just 3% down year on year as entrepreneurs take the plunge

Venture Capital Funding

Venture capital placing bigger bets on fewer scale-ups

Total amount of VC money invested in Britain rises by 37pc to £4.4bn over the first six months, according to KPMG

Venture Capital Funding

SoftBank to launch second Vision Fund for late-stage startups

Japanese investment bank poised to reap benefits of early investments in Uber, WeWork and Slack as they go public