2025 Fundraising highlights

Here are some of our key deal highlights, trends and patterns from 2025:

Advised on 100 transactions, generating a consistent average deal volume month on month when compared to 2024.

Pre-seed and Seed funding rounds accounted for 62% of all completed transactions, highlighting a strong focus on early-stage investment.

Deal flow remained concentrated in London, Cambridge and Oxford, reinforcing their position as the UK’s most active innovation corridors.

Technology and artificial intelligence remain our most active sectors for both deal volume and value, accounting for 37% of our deals, reflecting strong investor appetite for early-stage investment and growth opportunities.

Healthtech ranked second, with university and research spinouts featuring prominently and underscoring the strength of the UK’s innovation pipeline.