2025年第二季度英国投资报告（英）

Image: SpaceforgeUK INNOVATIONUPDATEQ2 2025July 2025“The UK is continuing to shine as the leading innovation nation across Europe with strong and sustained growth. No more is this evident than with artificial intelligence businesses, where talent, ambition and capital are accelerating the sector at incredible pace. “Despite a complex global backdrop, UK startups continue to attract significant investment – a testament to the depth, maturity, and global relevance of the UKʼs innovation ecosystem.“AI remains a standout force, not only for the capital UK startups are attracting, but for how quickly these innovations are translating into real-world impact – from breakthroughs in personalised medicine to smarter logistics and financial services. This growing maturity signals that the UK is not just experimenting with AI, but helping to shape its future on the global stage.“London continues to lead, but whatʼs especially encouraging is the rise of AI startups across the UK, from major cities to smaller towns, proving that innovation is thriving not only in established tech hubs, but right across the country. This growing geographic spread is a powerful engine of future growth, jobs and opportunity.“Healthtech and fintech remain central pillars of the UKʼs innovation landscape, with strong backing for companies at all growth stages. “The UK remains Europeʼs undisputed innovation leader – producing more unicorns, securing more exits, and attracting more venture capital than any other country on the continent.“For investors, we see a fundraising environment that remains challenging as Limited Partners (LPs) seek returns before deploying fresh capital. Secondaries have been on the rise as LPs and general partners explore ways to generate some form of returns during a sustained period of limited IPO and exit activity.“We see encouraging momentum around innovation policy as we have seen progressive actions around key initiatives such as the Mansion House Accord, the recently launched UK Industrial Strategy in eight high growth sectors. Furthermore, the British Business Bankʼs recent announcement of £6.6BN commitment to back UK Innovation all equate to positive steps to drive and unlock capital to scaling innovation businesses. “The direction of travel is clear: the UKʼs innovation economy is moving forward with purpose and strength. At HSBC Innovation Banking we remain committed to backing the founders, investors, and visionaries shaping the future.”Simon BumfreyHead of BankingPage / 3 AI now accounts for a record share of UK venture capitalUK artificial intelligence startups have raised $2.4B so far in 2025. This accounts for 30% of all UK VC raised in 2025.This is an all-time high share, up from less than 13% in 2022, the year OpenAI launched ChatGPT.UK AI startups have raised investment across the country in 2025, from Bude to Paisley, and Diss to Castlereagh.UK companies have raised over $8B in venture capital in 2025VC investment was up 3% in H1 2025 c