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Story summary
- A British Business Bank report finds UK venture capital funds have outperformed US peers since 2020.
- Funds launched between 2020 and 2023 achieved a Total Value to Paid-in Capital (TVPI) of 1.22, with UK valuations rising 5% to Q1 2025.
- 52% of UK funds reported positive returns, while 8% reached a TVPI of three or more, trailing behind the US and Europe.
