It was recently found out that venture capital funds have invested around £313.3 million into UK software developers in 2021.
Indeed, a study by S&P Global Market Intelligence data revealed that the pandemic has driven investments into UK software companies compared to the year before. With the growth of remote work, online shopping, and the COVID-19 tech boom, this comes as the best time for investors to fund this growing sector.
Moreover, it was shown that capital invested in U.K. series B and C reached an all-time high in 2020, with €1.19 billion invested in series B rounds and €870 million in series C rounds. It is expected to continue growing as such. Corporates are getting more and more involved in these investments.