Scottish firm investments plummet in 2023, KPMG reveals
The Venture Pulse Survey showed that there was a marked decline in global VC activity during 2023 compared to record investment levels seen in 2022 and 2021, which were £707m and £628m for Scottish scale up respectively
A total of 115 Scottish firms received over £359m worth of Venture Capital (VC) investment in 2023 compared to record investment levels seen in 2022 and 2021, which were £707m and £628m for Scottish scale up respectively, according to a new global report by KPMG.