Analysis

June 12, 2023

UK investment falls off a cliff as government drags its heels on support

Is the UK government shooting its own tech sector in the foot?


Two years ago the UK late-stage tech scene was on fire. Funding was growing at a faster rate in the UK than the US, Asia and France. US VCs were flocking to London to set up offices and back the country’s ever-expanding roster of unicorns.   

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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