Mark Cheung BSc (Hons) ACCA
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View all peoplePublished by Mark Cheung on 30 January 2025
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In a matter of hours, it has shown what can be achieved with a modest investment, the firm says, and will likely accelerate further the UK AI landscape.
Mark Cheung, a Corporate Finance specialist at Kreston Reeves who has helped several AI start-ups raise significant funds and list on the UK stock market, comments.
“It is estimated that some £200m is being invested in AI every single day in the UK, but overnight DeepSeek has shown just what can be achieved with a modest investment. It will accelerate the UK AI landscape further, but will require AI start-ups and those seeking VC or PE investment to rethink their offer to investors. Will investors want to stump up hundreds of millions of pounds only to discover new AI models achieving the same or similar for a fraction of the cost? It will offer considerable hope too to the UK government that its ambitions to build an AI powerhouse are achievable against the financial muscle of the US.”
“However, the UK has struggled to keep successful technology start-ups as they grow and seek greater levels of investment or eventual listing. The US will remain a strong pull, irrespective of the early stage investment landscape.”
If you want to know more about raising funds for AI startups, contact a member of our technology team.
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