Posted Monday 30th September 2019
Beauhurst, the platform that tracks high-growth businesses, has produced The Unicorn Report, featuring the top UK companies worth over $1bn. Three out of five UK unicorns are based in London and, on average, each company completed more than four funding rounds before reaching unicorn status.
The London-based childcare management startup has raised £10m to help scale the company. Koru Kids aims to create better childcare options for families in London by providing flexible and affordable services.
Despite the ongoing uncertainty of the economic climate in the UK, the last quarter had the highest number of funding rounds that included at least one foreign investor. The average size of these deals are typically larger than UK only investment rounds perhaps as a result of these investments often coming at a later stage in the company’s development.
While UK startups are still receiving investment from outside of the UK (see above), the British Chambers of Commerce (BCC) says business spending in the UK was due to decline across 2019 and 2020. This would result in the longest period of annual declines in business investment since the dotcom bubble!
Joelson are sponsoring the Bread & Jam Festival 2019, showcasing the best emerging and scaling food & drink brands. The two-day conference brings together food & drink founders and innovators, investors, media and industry leaders.
Find out more about Bread & Jam Festival 2019
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Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
