1、Notes from Mat 21/6/24Slide 2 lets add the H1 total in the first column$8.8bn Slide 5 Need to make this clear these are AI based tech companies as the headline is the same as Slide 7 Slide 10/11 look like duplicates but Slide 10 is easier to digest Slide 13 Change to UK innovation economy rather tha

2、n UK tech Slide 16 change startup to innovation value Slide 18-Lets not use the term startups lets call them$1bn+innovation businesses Slide 19 lets add some logos of the companies that have exitedOctober 2024UK INNOVATIONUPDATEQ3 2024Image:FloPage/2 UK leads for Femtech and FintechThe largest fundi

3、ng round for a UK startup in Q3 2024 was$200M raised by London-based femtech startup Flo,which saw it become Europes first femtech unicorn.The$1B raised by UK healthtech startups overall in Q3 catapulted the sector into second place in terms of total funding for the year.Fintech retained the top spo

4、t for 2024 with$3.3B raised-$1B more than any other sector.UK startups raised$2.9B in fresh funding in Q3 2024Investment in UK startups slowed over the summer period,in line with global venture capital dynamics.But UK startups still raised$2.9B of fresh capital in Q3,with the largest share being rai

5、sed at breakout stage,of Series B and C rounds.2024 UK investment is still tracking largely in line with 2023 to date.$100250mLateSource:UK innovation-Q3 2024UK-based VC investors on track to raise record levels of dry powderUK-based venture capital investors are on track to raise$12.2B in new funds

6、 in 2024,beating the previous record of$11.5B raised in 2021.Major new funds were raised by established investors including Index Ventures,Atomico and Balderton Capital,as well as newer entrants such as Taavet Hinrikuss Plural,climate venture builder Climate13,and UK-Ukrainian diaspora seed fund 199