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Venture capital funding for UK and Irish technology companies remained strong in Q3 2018 with a huge increase in Fintech deals according to the latest data from corporate finance firm, Ascendant. During Q3, £1.67b was invested in 278 deals of more than £0.5m by 325 investment groups at an average deal size of £6.0m, down from £6.5m in Q2, indicating a trend toward smaller deals. There has been a 21% yoy increase in the number of active investors and, in Q3, 64% of the deals involved more than one investor.
This latest edition of IndustryViews Venture Capital has more detail, along with a handy summary of the quarter's venture funding deals.
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