Country comparison

United Kingdom vs Finland: startup funding compared

Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, 10.5 times Finland's $2.1B.

$22.4BCapital raised$2.1B
606Rounds64
$7MMedian round$4.5M
3.2%Share of all capital0.3%
60%Early-stage rounds69%

Capital raised running total by month

$22.4B$11.2B United Kingdom, end of Jun 25: $619MUnited Kingdom, end of Jul: $1.2BUnited Kingdom, end of Aug: $1.5BUnited Kingdom, end of Sept: $2.8BUnited Kingdom, end of Oct: $4.1BUnited Kingdom, end of Nov: $4.5BUnited Kingdom, end of Dec: $5BUnited Kingdom, end of Jan 26: $5.8BUnited Kingdom, end of Feb: $7.9BUnited Kingdom, end of Mar: $10.9BUnited Kingdom, end of Apr: $12.3BUnited Kingdom, end of May: $16.8BUnited Kingdom, end of Jun: $18.1BUnited Kingdom, end of Jul: $18.6BUnited Kingdom, end of Aug: $19.8BUnited Kingdom, end of Sept: $20.6BUnited Kingdom, end of Oct: $21.5BUnited Kingdom, end of Nov: $22.4BFinland, end of Jun 25: $58.2MFinland, end of Jul: $89.8MFinland, end of Aug: $92.7MFinland, end of Sept: $477MFinland, end of Oct: $1.4BFinland, end of Nov: $1.5BFinland, end of Dec: $1.7BFinland, end of Jan 26: $1.7BFinland, end of Feb: $1.7BFinland, end of Mar: $1.8BFinland, end of Apr: $1.8BFinland, end of May: $1.9BFinland, end of Jun: $1.9BFinland, end of Jul: $1.9BFinland, end of Aug: $1.9BFinland, end of Sept: $2.1BFinland, end of Oct: $2.1BFinland, end of Nov: $2.1B Jun 25SeptDecMarJunSept
United KingdomFinland
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Where the money goes share of capital by sector

United Kingdom

  • AI65%$14.5B
  • Health7%$1.7B
  • Other6%$1.4B
  • Robotics & Hardware6%$1.4B
  • Fintech5%$1.1B
  • Enterprise software4%$925M

Finland

  • Health43%$914M
  • Robotics & Hardware23%$496M
  • AI21%$449M
  • Other4%$78M
  • Climate & Energy3%$55.6M
  • Cybersecurity3%$54.5M

Biggest rounds

Stage mix share of rounds

United KingdomFinland
43%Pre-Seed and Seed56%
17%Series A13%
8%Series B5%
5%Series C and later3%
27%Other or undisclosed23%

Most active investors rounds joined

InvestorUnited KingdomFinland
Entrepreneurs First19·
Y Combinator19·
Fuel Ventures18·
LocalGlobe17·
AlbionVC16·
British Business Bank16·
Lifeline Ventures114
Antler85
Seedcamp13·
Balderton Capital12·
General Catalyst111
Haatch12·

Startup hubs rounds and capital by city

United Kingdom

  • London396$15.6B
  • Cambridge34$1.3B
  • Oxford16$1B
  • Edinburgh13$239M
  • Manchester14$141M
  • Abingdon2$110M

Finland

  • Oulu2$902M
  • Helsinki33$561M
  • Espoo9$559M
  • Tampere2$18.7M
  • Kouvola1$11.7M
  • Kuopio1$2.9M

Latest rounds

Questions

Which country raised more startup funding, the United Kingdom or Finland?

The United Kingdom. Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, against $2.1B across 64 rounds in Finland, 10.5 times more. That is 3.2% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in the United Kingdom and Finland?

606 rounds in the United Kingdom and 64 rounds in Finland since 2 June 2025, about 34 and 4 a month.

Are startup rounds bigger in the United Kingdom or Finland?

The median round is $7M in the United Kingdom and $4.5M in Finland, and the average round $37M and $33.5M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in the United Kingdom?

The biggest startup rounds in the United Kingdom since 2 June 2025 are Isomorphic Labs ($2.1B, Series B, 12 May 2026), Nscale ($2B, Series C, 9 Mar 2026) and Wayve ($1.2B, Series D, 24 Feb 2026).

What is the biggest startup round in Finland?

The biggest startup rounds in Finland since 2 June 2025 are Oura ($900M, Series E, 14 Oct 2025), IQM Quantum Computers ($300M, Series B, 3 Sept 2025) and Verda ($189M, Series B, 22 Sept 2026).

Which sectors attract the most startup funding in the United Kingdom and Finland?

In the United Kingdom, AI ($14.5B, 65% of the capital), Health ($1.7B, 7%) and Robotics & Hardware ($1.4B, 6%) lead. In Finland, Health ($914M, 43% of the capital), Robotics & Hardware ($496M, 23%) and AI ($449M, 21%) lead.

Is the United Kingdom or Finland better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 60% of rounds in the United Kingdom and 69% in Finland. The United Kingdom recorded 262 Pre-Seed or Seed rounds and Finland 36 Pre-Seed or Seed rounds, with a median of $3.5M and $3.1M.

How much growth funding (Series B and later) goes to the United Kingdom and Finland?

Startups in the United Kingdom raised $12B in 82 Series B or later rounds, 53% of the country's capital. In Finland, $1.6B in 5 rounds, 74% of the capital.

Who are the most active startup investors in the United Kingdom?

Y Combinator (19 rounds, 2 led), Entrepreneurs First (19 rounds) and Fuel Ventures (18 rounds, 13 led) are the most active investors in the United Kingdom.

Who are the most active startup investors in Finland?

Lifeline Ventures (14 rounds, 9 led), Tesi (7 rounds, 1 led) and Antler (5 rounds, 2 led) are the most active investors in Finland.

Which investors back startups in both the United Kingdom and Finland?

25 investors joined rounds in both countries. The most active: Lifeline Ventures (1 in the United Kingdom, 14 in Finland), Antler (8 in the United Kingdom, 5 in Finland), General Catalyst (11 in the United Kingdom, 1 in Finland), Tiny VC (6 in the United Kingdom, 1 in Finland) and NATO Innovation Fund (4 in the United Kingdom, 1 in Finland).

Which cities lead startup funding in the United Kingdom and Finland?

London leads the United Kingdom with $15.6B across 396 rounds, ahead of Cambridge ($1.3B). Oulu leads Finland with $902M across 2 rounds, ahead of Helsinki ($561M).

Which month brought the most startup funding?

In the United Kingdom, May 2026 ($4.4B). In Finland, October 2025 ($900M).

How much did startups in the United Kingdom and Finland raise in the last 90 days?

In the 90 days to 12 Nov 2026, startups in the United Kingdom raised $2.8B across 74 rounds and in Finland $243M across 8 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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