The performance of venture capital funds in the UK, important for new and early-stage businesses, is lagging further behind the US, according to research by Nesta, the innovation body. In a report published on Tuesday, the National Endowment for Science, Technology and the Arts said venture capital investment in the UK was $2.3bn in 2012 compared with $41bn in the US. Adjusted for the relative size of their economies, that meant UK venture capital was less than half the size of the US industry.
To read the original article: Performance of UK venture capital funds trails their US counterparts - FT.com
