Country comparison
United Kingdom vs Italy: startup funding compared
Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, 12.5 times Italy's $1.8B.
Capital raised running total by month
Where the money goes share of capital by sector
United Kingdom
Italy
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | United Kingdom | Italy |
|---|---|---|
| CDP Venture Capital | 1 | 29 |
| Entrepreneurs First | 19 | · |
| Y Combinator | 19 | · |
| Fuel Ventures | 18 | · |
| LocalGlobe | 17 | · |
| AlbionVC | 16 | · |
| British Business Bank | 16 | · |
| Balderton Capital | 12 | 1 |
| Seedcamp | 13 | · |
| Vento | 2 | 11 |
| Haatch | 12 | · |
| Notion Capital | 12 | · |
Startup hubs rounds and capital by city
United Kingdom
Italy
Latest rounds
Questions
Which country raised more startup funding, the United Kingdom or Italy?
The United Kingdom. Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, against $1.8B across 117 rounds in Italy, 12.5 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 Italy?
606 rounds in the United Kingdom and 117 rounds in Italy since 2 June 2025, about 34 and 7 a month.
Are startup rounds bigger in the United Kingdom or Italy?
The median round is $7M in the United Kingdom and $3.8M in Italy, and the average round $37M and $15.3M. 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 Italy?
The biggest startup rounds in Italy since 2 June 2025 are Exein ($270M, 15 Sept 2026), Bending Spoons ($270M, Growth, 30 Oct 2025) and AAVantgarde Bio ($141M, Series B, 3 Nov 2025).
Which sectors attract the most startup funding in the United Kingdom and Italy?
In the United Kingdom, AI ($14.5B, 65% of the capital), Health ($1.7B, 7%) and Robotics & Hardware ($1.4B, 6%) lead. In Italy, AI ($544M, 30% of the capital), Enterprise software ($358M, 20%) and Health ($335M, 19%) lead.
Is the United Kingdom or Italy better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 60% of rounds in the United Kingdom and 57% in Italy. The United Kingdom recorded 262 Pre-Seed or Seed rounds and Italy 52 Pre-Seed or Seed rounds, with a median of $3.5M and $2.3M.
How much growth funding (Series B and later) goes to the United Kingdom and Italy?
Startups in the United Kingdom raised $12B in 82 Series B or later rounds, 53% of the country's capital. In Italy, $461M in 8 rounds, 26% 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 Italy?
CDP Venture Capital (29 rounds, 10 led), Vento (11 rounds) and United Ventures (8 rounds, 6 led) are the most active investors in Italy.
Which investors back startups in both the United Kingdom and Italy?
45 investors joined rounds in both countries. The most active: CDP Venture Capital (1 in the United Kingdom, 29 in Italy), Balderton Capital (12 in the United Kingdom, 1 in Italy), Vento (2 in the United Kingdom, 11 in Italy), Creandum (10 in the United Kingdom, 1 in Italy) and Lakestar (10 in the United Kingdom, 1 in Italy).
Which cities lead startup funding in the United Kingdom and Italy?
London leads the United Kingdom with $15.6B across 396 rounds, ahead of Cambridge ($1.3B). Milan leads Italy with $976M across 53 rounds, ahead of Rome ($381M).
Which month brought the most startup funding?
In the United Kingdom, May 2026 ($4.4B). In Italy, October 2025 ($474M).
How much did startups in the United Kingdom and Italy 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 Italy $391M across 12 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.