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accord to Dealroom datacited by the Financial Times , British startup prove just £ 16.2 billion last year , far less than the more than £ 65 billion raised by their counterparts in Silicon Valley during the same period . In fact , the U.S. seems to be pulling further ahead each twelvemonth . In 2024 , 57 % of global venture chapiter funding went to U.S. inauguration — the first time that plowshare has exceeded 50 % in over a decade , per Dealroom .
“ realise that most venture funding comes from the U.S. , we set up up as a Delaware corporation , the preferred and familiar structure for American investor , ” say Mati Staniszewski , co - beginner of the London - based AI company ElevenLabs , in an interview with the FT .
Barney Hussey - Yeo , father and CEO of the AI inauguration Cleo , told the FT that he already spends four months a year in San Francisco and is seriously consider a permanent move . “ You get to a certain sizing where there is no capital in the U.K. And the problem is receive worse , ” he allege . “ candidly , the U.K. is kinda f***d if it does n’t reference [ the problem ] . ”
