Last week’s £1.4 billion sale of travel-planning website Skyscanner was attention-grabbing for a handful of reasons. Chief among them might be the hefty price tag, but another fact of note is that the company is based in Edinburgh, UK—not exactly the first location that comes to mind for the next billion-dollar acquisition. Then again, maybe that's not fair: The UK is home to a thriving startup community in which many venture firms are actively investing.
Since the beginning of last year, 657 VCs have participated in a total of 1,120 deals involving British startups, according to the PitchBook Platform. The country has a clear anchor point, with London garnering 58.6% of activity. About 28.5% of capital invested has gone toward software companies, the largest proportion of any industry, followed by pharma & biotech (17%) and retail (8.4%).
Here are the top 10 VC investors in UK-based startups, along with their investment counts: