1、April 2026UK INNOVATIONUPDATEQ1 2026Image:Vector building blocksPage/2 Source:Q1 2026 in UK techDealroom.coArtificial intelligence now accounts for 74%of UK venture capitalUK AI startups have raised$5.8B in Q1 2026,up$3.7B year-on-year(176%)AI startups accounted for 8 of the 12 megarounds,with over
2、100 rounds completed in Q1 2026.The UK leads France and Germany across key AI startup metrics,with 4.3x higher enterprise value and 2x more startups and unicorns.UK startups have raised over$7.8B in venture capital in Q1 2026Q1 2026 marks the highest Q1 since 2022,up$2.9B year-on-year(60%).12 megaro
3、unds accounted for$5.1B,with a further$1.8B raised at breakout stage.Top rounds were driven by AI companies including Nscale($2B),Wayve($1.2B),ElevenLabs($500M),Synthesia($200M)and Olix($220M).The UK remains the#1 country in Europe for venture capital The UK has raised 41%of all European venture cap
4、ital in 2026.UK startups have raised more investment than any other European country so far in 2026,and more than France,Germany and the Netherlands combined.The UK is home to 4 of the top 15 European cities for AI talent:London,Cambridge,Oxford and Edinburgh.Emily TurnerCEO at HSBC Innovation Banki
5、ng UK“The UK innovation economy has entered 2026 with clear and sustained momentum.Building on the recovery we saw last year,our Q1 Innovation Update,produced in partnership with Dealroom,shows a market that is not only rebounding,but accelerating underpinned by strong investor conviction and a new
6、wave of globally significant companies,even against a more complex global backdrop.“In Q1 2026,UK innovation businesses raised$7.8 billion in venture capital,marking a 60%year-on-year increase and the strongest start to a year since 2022.This growth reflects a maturing and resilient ecosystem,with c