Penningtons Manches Cooper

Company · GB · 1 documents

Key number

£4.4 billion

Total UK first-time equity raised in 2025. Penningtons Manches Cooper p.3

State of UK First-time Investment 2026

Report

Penningtons Manches CooperJanuary 202612 pages

The average first-time equity fundraising fell from £1.97 million in 2024 to £1.67 million in 2025, alongside a 20% drop in median deal value to £0.2 million.