UK tech raised in one month what it used to raise in entire years
“What have been the sort of big changes that founders and investors should be aware of?”
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and more sort of specifically the most recent budget, the autumn budget? What have been the sort of big changes that founders and investors should be aware of? Yeah. So,
I mean, first of all, you kinda have to set it in the context of the progress that the ecosystem has made over more than a decade. Right? So the statistic that I like to use on this is that in 2014, The UK raised, you know, less venture capital for tech businesses than it did in the month of May this year in May 2024. So that sheer scale of growth that we've seen in terms of the capital being deployed into tech businesses in The UK and the growth of this ecosystem is absolutely massive.
About this clip
Dom Hallas reveals the explosive growth of UK's tech ecosystem, highlighting that venture capital raised in just May 2024 exceeded the entire year's funding from 2014. He sets up context for discussing recent government budget changes that founders and investors need to understand.
Why this clip
The dramatic statistic comparing monthly 2024 funding to annual 2014 funding perfectly illustrates the UK tech ecosystem's remarkable transformation.
What they said next
UK government is making it much more expensive for founders to exit
8:13 - 22s · market insight
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