Small Business Equity Tracker Infographic 2023

Equity investment declined in 2022, driven by a downturn in the second half of the year


of equity invested into the UK’s smaller businesses in 2022, a decline of 11% compared to 2021


announced deals in 2022, down 7% compared to 2021


of growth stage investment in 2022, down 25% compared to 2021


decline in total small business equity investment during the second half of 2022, compared to the first half

A record year for university spinouts


of total equity investment in 2022 went to university spinouts, at a value of £2bn


average deal size for university spinouts, 33% higher than the wider market


of total equity deals in 2022 were in university spinouts, totalling 226 deals

Cambridge University

had the highest number of spinout deals in 2022 (33), followed by the University of Oxford (31) and the University of Edinburgh (15)

Key strengths and opportunities for the UK in clean tech, life sciences and nanotech


fall in overall equity investment value for tech companies in 2022


increase in cleantech investment to £0.9bn in 2022, bucking the trend of the wider equity market


of equity investment into UK life sciences companies during 2020-22, more than Germany, France and Canada combined


of global venture capital investment into nanotech in 2020-22 went to the UK, the third largest share by country

British Business Bank more likely to support tech and university spinouts


of all UK equity investment was supported by the British Business Bank in 2020-2022


of all UK equity deals were supported by the British Business Bank in 2020-2022


of Bank-supported deals were in the tech sector, compared to 42% across the overall market in 2020-22


of Bank-supported deals were for university spinouts, compared to 9% of wider market deals in 2020-22