Tech businesses are benefitting from an investment boom
Despite fears of a no-deal Brexit harrowing the business world, it appears that technology based businesses, particularly British technology start-ups, are benefitting from an unprecedented investment boom.
In the first seven months of 2019, UK tech companies have received a record £5.5 billion of foreign investment. That is 50% more than in the same period last year. The weaker pound is drawing investors in and the UK tech sector is subsequently leading Europe in terms of funding.
More than half of the investment this year to date was from US and Asian firms, collectively spending $3.7 billion (£3.02 billion), overtaking the $2.7 billion invested across the whole of 2018. The US and Asian investment flows being at an all-time high highlight the confidence that overseas investors have in UK technology. The influx of investment in the run-up to Brexit shows that activity in the UK’s vibrant start-up scene is seemingly non-Brexit dependent. The UK has a big wall of money keen to find innovative entrepreneurs with scalable businesses and robust technology.
This mirrors our own experience over the last year, where many of the institutional investors that we deal with are looking to find suitable opportunities.
Our corporate finance team is experienced in fund raising and selling businesses with cross border parties. Our knowledge across multiple industries and jurisdictions means that we can help tailor the approach to the particular circumstances and advise you every step of the way. Whether you are looking for investment to fuel your growth or considering an exit, our corporate finance team can project manage the whole process for you to completion and provide expert advice where needed. We can facilitate introductions to potential investors to explore the options available to you.
If you would like to discuss a potential fundraise or sale of business, our corporate finance team would be delighted to assist you.
For more information
For more information on how we can help your tech business to grow, please contact either:
Chris Brazier, Anu Tayal or James Wood, or call us on: