Venture capital in UK life sciences falls after years of robust investment

15 June 2023

An investment bank for the UK government has highlighted what it sees as the success of the UK life science sector in raising venture capital in recent years.

The British Business Bank said that UK companies in this sector had raised $13.3 billion in VC investments between 2020 and 2022, more than equivalent companies in Germany, France and Canada combined.

The total represents around 16% of all UK VC investment over the period, according to the group’s annual Small Business Equity Tracker, published today.

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