Venture Capital is an asset class that is much misunderstood and one that has changed significantly over the last 15 years, particularly here in the UK. The UK is the world’s 6th largest economy*. But, in terms of innovation and venture backed businesses, we pack an even heftier punch, behind only the US and China. In terms of Europe, in 2019, tech firms in the UK, received more funding than tech firms in Germany (world’s 4th largest economy) and France (the world’s 7th largest economy), combined**.
So what is Venture Capital? Backing small innovative businesses. It is what we enjoy doing. It is what we know best.
* World Bank 2019
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