
2023 Annual Report: South West Equity Investment
Quick lookat 2023
2023 saw companies in the South West region raise £462 million in equity investment, 50% down on the 2022 figures.
If we assume a slight delay in reporting is likely, similar to previous years, it is expected that the South West will fall in line with the predictions in the Atomico State of European Tech report, which expected 2023 to be 38% down on last year across Europe.
£462m
total amount raised
£54m
biggest single raise
£1.33m
average raise
330+
No. of raises
Overview
An overview of the key moments and raises from across the 2023 finance landscape. Discovering the winners and losers in a transformative year for investment raising.
Ones To Watch
Read all about some of the most exciting businesses from across the region looking to raise in 2024. From autonomous flight guidance systems to the biggest-ever innovation in digital reading, learn all about these exciting opportunities.
Female Founders
In 2023 just 2.6% of South West equity investment went to companies with fully female founding teams. We have highlighted some of those brilliant female leaders who did raise in the South West in 2023.
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