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UK surges ahead of France and Germany as Europe's 'innovation powerhouse'

Summary by City AM
HSBC Innovation Banking, a subsidiary of Europe’s biggest lender, hailed the UK’s enterprise value in its latest innovation report. UK innovation firms raised £3.2bn of venture capital in the first three months of the year – an eight per cent increase from the first quarter of 2024. The quarter attracted higher amounts of funding, with over six recorded megarounds and the second-highest average deal size since 2020. Health ranked as the most fun…
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City AM broke the news in London, United Kingdom on Monday, April 14, 2025.
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