Growth Equity Update

It observes 

• In 2025, UK startups raised $23.7bn, the third year it has reached that level  

• The UK has produced around 200 unicorns 

• The UK leads Europe by the number of unicorns and $1bn + exits 

• 15 of those unicorns and $1bn+ exits have become decacorns ($10bn+ valuation) and one, Arm, became a centicorn ($100bn+). 

Number of unicorns by region and year in the EMEA, 2010-2025