Which sectors grew the most?

Amongst our clients, those in or investing in the technology and AI sector secured the most deals during 2023, with a total of 41 transactions.

The digital sector followed closely, with 38 transactions, while the healthtech sector completed 30 transactions, placing it in third.

A heightened level of deal activity in these sectors mirrors national trends which have, in particular, seen the AI sector attract significant levels of investment.

The high number of deals in the technology and AI sectors among our clients suggests that these areas are attracting a lot of interest and investment. The strong performance of the digital and healthtech sectors also suggests they are key areas for innovation and are likely to continue to be important in the economy.

Sector split per month

Sector split per month

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Sector Value

Sector value

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In the digital sector, we facilitated investments totalling more than £116.5 million, representing a little over 22% of all amounts raised in our transactions in 2023.

The life sciences sector boasted the largest average deal size, with transactions averaging just over £10 million.

The only sector that generated an increase in sums deployed this year when compared to last year was the impact sector, which grew 224%, as investors increasingly seek to generate positive societal or environmental impacts alongside financial returns.