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Cambridge VC investment surges to $2.3 billion as science-led innovation abounds - Founders at the University of Cambridge

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Cambridge startups and scaleups raised an impressive $2.3 billion in 2024, the second-best year on record and almost double 2023’s $1.2 billion. This is showcasing that science-led innovation in the city is not slowing down anytime soon, according to new analysis by Dealroom for Founders at the University of Cambridge. Cambridge’s ambitious founders and venture scientists have reversed the wider declines in funding across Europe. Leading cities have seen funding fall such as Stockholm (down -57% to $2 billion), London (-12% to $11.3 billion) and Berlin (-7.25% to $2.7 million), whilst overall funding in deep tech hubs including Cambridge is on the up, along with Oxford (up +1% to $706 million), Zurich (+5.1% to $990 million) and Munich (+21% to $2.9 billion). This has driven the value of the Cambridge tech ecosystem to $222 billion, up 16% compared to last year, making it the second most-valuable tech ecosystem in the country. Pioneering tech growth The explosion in entrepreneurship ac

Cambridge VC investment surges to $2.3 billion as science-led innovation abounds - Founders at the University of Cambridge Founders at the University of Cambridge Cambridge VC investment surges to $2.3 billion as science-led innovation abounds x 22.05.2025 2024 was the best year on record for Cambridge-founded tech companies Cambridge startups and scaleups raised an impressive $2.3 billion in 2024, the second-best year on record and almost double 2023’s $1.2 billion. This is showcasing that science-led innovation in the city is not slowing down anytime soon, according to new analysis by Dealro

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