Funding for UK tech totalled £11.7 billion for 2025, down 9% year-on-year according to new data published by Tracxn.
UK tech companies completed over 1,000 funding rounds, down 38% compared to 2024, with 27 ‘mega rounds’ and six new unicorns created. UK companies reaching the elusive unicorn status this year include sports platform DAZN, biotech company Verdiva Bio and AI drug discovery startup Isomorphic Labs.
Early stage investment dropped 22% year-on year to £4.6 billion, with late stage funding staying flat at £5.6 billion. But it’s not all bad news – seed investment leapt 19% compared with 2024 to £1.5 billion.
UK data centre business Nscale raised the largest series B in European history in 2025 at £818m, with other significant deals of the year for UK businesses including DAZN’s series D round in February that totalled £744m and was later followed by an angel round of £615m.
In November, wealth management platform FNZ raised £483m and Isomorphic Labs secured £446m in April.
The UK’s top sectors for 2025 were enterprise apps, fintech and life sciences, with worths of £6.4 billion, £3.1 billion and £1.5 billion respectively.
When it comes to cities for funding, the capital city of London predictably topped the chart at £9.2 billion. Cambridge placed second with £724m and Swindon came third at £145m.
