UK startups raised more cash in early 2022 than counterparts in China, France or India, and were surpassed only by the US, data showed.
The figures from data provider Dealroom were published alongside the UK government's new digital strategy on the first day of London Tech Week.
UK startups raised a record $11.3 billion in venture capital in the first three months of the year, according to Dealroom.
And they raised $15.6bn in the five months to the end of May, half of which was from the technology sector.
This performance was dwarfed by $123.4bn in the US, but beat $11.8bn in China and $14.8bn in India.
"So far this year, the UK has raised more venture capital than any other country in the world apart from the United States, overtaking both India and China compared to full year 2021 rankings," Dealroom said in a statement.
The performance marked a "record quarter" for the industry, despite a "turbulent start to the year for global markets" following Russia's invasion of Ukraine, according to Dealroom.
The data provider added that Britain currently has 122 "unicorn" businesses -- technology firms that are worth more than $1bn.
Technology minister Chris Philp, unveiling the government's new digital strategy at London Tech Week, said its goal was cement Britain's place as a "global tech superpower".
"In the last five years the UK has raced ahead of Europe to become a global tech leader and now we're setting the course for the future," Philp said in a speech at the industry event.
"The digital strategy is the roadmap we will follow to strengthen our global position as a science and technology superpower."
(AFP)
Davindra and Seema Misra, and Vijay and Gita Parekh
Varchas Patel with his father Vipin and mother Jayshriben
Hasmukh Shingadia and his wife Chandrika were all victims of the Horizon scandal
During the hearing, Clifford denied all the charges except for the rape charge, which was added to the indictment at the session. (Photo: Hertfordshire Police /Handout via REUTERS)
Man pleads not guilty to murder of BBC presenter's family
A 26-year-old man has pleaded not guilty to charges of murdering the wife and two daughters of BBC sports commentator John Hunt in a crossbow and knife attack.
Kyle Clifford, who also faces charges of rape, appeared via video link at Cambridge Crown Court on Thursday.
Clifford, arrested in July after a manhunt, is charged with three counts of murder, one count each of rape and false imprisonment, and two counts of possessing offensive weapons – a 10-inch knife and a crossbow.
During the hearing, Clifford denied all the charges except for the rape charge, which was added to the indictment at the session.
He is expected to enter a plea for that charge at a later date.
The victims were Carol Hunt, 61, wife of horseracing commentator John Hunt, and their daughters Louise, 25, and Hannah, 28.
An earlier hearing revealed that Louise had been found tied up and that both she and her sister had been shot with a crossbow, while their mother had been stabbed with a knife.
The fatal attack occurred at the family’s home in Bushey, a commuter town near Watford, northwest of London.
(With inputs from AFP)