
Dealroom
European VC data and analytics platform; source of the UK's Q1 2026 74% AI-share figure.
Dealroom's own tracker put UK startups on course to raise $34.2bn in 2026, a 45% jump on 2025, the data firm said on 23 July, with $17.1bn already banked in the first half.
Last refreshed: 31 July 2026 · Appears in 1 active topic
Does Dealroom's data show that British VC is now almost entirely concentrated in AI?
Timeline for Dealroom
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UK Startups and InnovationBackground
Dealroom is an Amsterdam-based data and analytics platform, founded in 2013 by Yoram Wijngaarde, that tracks startup investments, valuations, founders and exits across Europe and beyond. It aggregates data from public announcements, SEC filings, Companies House records and proprietary LP reporting, supplemented by direct outreach to companies and investors. Dealroom supplies the data behind national ecosystem reports commissioned by the UK, Netherlands and French governments, and competes with the US-centric PitchBook and CB Insights for European VC analytics; it is typically cited as more current and granular on European deals than either rival.
Dealroom counts investments by announced deal date rather than money-in date, a methodological choice that can inflate quarterly totals when large rounds land in a quarter's final weeks. Its UK figures, particularly the share of venture capital going to AI, have become the benchmark investors, journalists and the government use to judge the health of the British startup ecosystem quarter by quarter .
The pattern Dealroom's methodology captures held through the second quarter too: PhysicsX's $300m Series c on 8 June, led by Temasek with no UK state fund on the cap table, was exactly the kind of large, late-announced round its deal-date counting weights most heavily .
Full-year UK forecast climbs to $34.2bn
Dealroom said on 23 July that UK startups could raise $34.2bn across 2026, a 45% rise on 2025, built from $17.1bn already banked in the first half of the year . The figure is a projection, not cash in hand, and one week that month saw CuspAI's round alone supply more than half the total raised.
The forecast follows Dealroom's own Q1 count of $7.8bn in UK venture capital, 74% of it into AI companies at $5.8bn, with seven firms crossing the unicorn threshold in three months . Both figures rest on Dealroom's announced-deal-date methodology, which weights mega-rounds heavily whenever they land late in a quarter.