UK smaller business investment jumps to record £18.1bn in 2021

UK tech investment doubled to £8.2bn

clock • 2 min read

Equity investment in UK smaller businesses jumped to record levels last year, according to British Business Bank’s annual Small Business Equity Tracker.

Investment in UK smaller businesses increased by 88% last year, climbing to £18.1bn, the highest annual increase since the data series began in 2011. Investment in UK tech companies accounted for a large portion of growth, rising to £8.2bn, up from £4.1bn in 2020, with deals in the life sciences sector soaring from £800m in 2020, to £1.7bn in 2021. The value of software deals more than doubled, from £2.3bn to £4.8bn, in keeping with wider market trends. Analysis also revealed a 30% increase in the number of clean tech deals, with investment climbing to £436m across 72 deals. The...

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