UK tech is set to continue to attract capital from the VC industry in 2021 – from fintech, both B2C and B2B over impact tech to health and biotech we expect to see strong interest.
Despite the obvious challenges of Covid-19 the UK tech sector once again proved highly attractive for the venture capital industry throughout 2020. There was still appetite for large deals in the UK, across all stages, demonstrating that good companies will always be able to raise capital, especially those positioned to prosper during and beyond the pandemic. In our underlying portfolio, companies such as Cazoo, Hopin and Graphcore were all able to raise rounds well north of £100m.
