According to country data cited by the Financial TimesThe new British companies raised only £ 16.2 billion last year, much less than the more than 65 billion raised by their counterparts in Silicon Valley during the same period. In fact, the United States seems to be progressing later every year. In 2024, 57% of global risk capital funds were allocated to new US companies, the first time participation exceeded 50% in more than a decade, by trade.
This wide gap is part of a trend of the years that the founders of the United Kingdom have taken note, FT reports, and is taking many to consider relocating abroad.
“Recognizing that most risk funds come from the USA.
Barney Hussey-Yoo, founder and CEO of AI’s start-up, Cleo, told the FT that it already passes four months a year in San Francisco and is seriously considering a permanent movement. “You reach a certain size where there is no capital in the United Kingdom and the problem is getting worse,” he said. “Honestly, the United Kingdom is a bit fucked if it is not addressed [the problem]. “
