Great to see that despite some depressing news in the global economy the UK continues to attract investment in innovative start ups, bucking the worldwide trend.
Venture Capital firms invested $1.3bn (£910m) in UK companies in the last three months of 2015, capping off a record-breaking year. In total, UK start-ups received $4.75bn in venture capital funding last year from 400 deals, according to the latest data from KPMG and venture capital database CB Insights.We are having trouble showing you adverts on this page, which may be a result of ad blocker software being installed on your device.As City A.M. relies on advertising to fund its journalism, please disable any ad blockers from running on cityam.com, then reload the page to see the rest of this content. More info here. This bucked the global trend: there was a 30 per cent reduction in venture capital activity in the fourth quarter, down to $27.2bn. It recorded the lowest quarterly activity since the beginning of 2013.