** NEW RESEARCH ** Tech funding maintains momentum

Venture capital funding of UK and Irish technology companies got off to a good start this year, maintaining the momentum built up in 2016, according to the latest data from corporate finance firm, Ascendant. During Q1, £784m was invested in 186 deals of more than £0.5m by 242 investors at an average deal size of £4.2m. This represents a 28% yoy increase in the number of deals, but the total value fell 10% from the record high of £873m set in Q1 2016.

Subscribers to TechMarketView's Foundation Service can read our analysis, along with commentary on selected UK tech VC deals, in our latest IndustryViews Venture Capital report, which is available for download here. 

Posted by HotViews Editor at '07:24' - Tagged: funding