Fundraising highlights

Fundraising January 2023 - December 2023

Deals: 
172 transactions

On average a deal completed every two days

Total raise of:
£524,848,720

Sectors:
Technology and AI 24%
Digital 23%
Health/Medtech 17% 

Here are some of our deal highlights, trends and patterns from 2023

  • We advised on transactions which involved the deployment of over £500 million in funding.
  • We advised on 172 transactions, almost matching our record figure in 2022 of 178 transactions.
  • Over 75% of our clients involved in these deals were based in either Cambridge, London or Oxford.
  • Our most active sector by amount raised in the year was digital (which includes companies operating e-commerce / e-business platforms and those companies which provide supporting infrastructure such as hardware, software and telecoms), fractionally ahead of the healthtech sector.
  • Our most active sector by number of deals was the technology and AI sector which this year ranked ahead of both the digital and healthtech sectors.