The UK’s software-based companies are the most popular destination for Silicon Valley investment, and have received £2.2b of funding from these firms since 2011. Life science companies were the next most invested in, taking £472m over the same period.
A REPORT ON US INVESTMENT
INTO UK COMPANIES
FROM THE GOLDEN GATE
TO THE GOLDEN TRIANGLE
The companies at the epicentre of this are part of sprawling ecosystems
which include entrepreneurs, investors, evangelists and advisors.
Each of these, and many more, contribute something to the development
of the sector all working together to supercharge growth, turning
challenges into opportunities and opportunities into revenue.
As a law firm, we often act as a bridge between these key stakeholders
making connections and developing valuable relationships.
Penningtons Manches has a long history of working with technology
firms, their innovators and their investors. We have always had a
significant presence in tech hubs across London and the South East
and more recently, on the West Coast of the United States.
We opened our San Francisco office over three years ago in a bid to
better support our growing client base in the Bay Area and to develop
meaningful connections between our US clients and contacts and the
fast-growth tech companies in the UK that we represent.
Whether we're helping a promising UK company to find the support
it needs to scale, or enabling a US business to invest in some of the
UK and Europe's most exciting technology offerings, insight and
understanding are key.
That's why we're delighted to present this research, From the Golden
Gate to the Golden Triangle, our exploration of US investment into UK
companies. What we've found has been both illuminating and reassuring
at the same time.
It is heartening to see that West Coast investment into UK companies
is at an all-time high. Our research, carried out in partnership with
Beauhurst, has found there has been an impressive 252% increase in
the number of deals since 2011: we saw investors from the West Coast
involved in 74 deals in 2017, representing 1.08 billion in value.
Whether talking to US investors to understand what motivates them, or
hearing how UK companies expect investments to impact them, we