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Friday 21 September 2018

*NEW RESEARCH* Record funding for UK/Irish tech companies

chartNew record levels of venture capital funding for UK and Irish technology companies were set in Q2 2018 according to the latest data from corporate finance firm, Ascendant. During Q2, a new high of £1.82b was invested in 281 deals of more than £0.5m by 346 investment groups at an average deal size of £6.5m. 59% of the deals involved more than one investor. During June, 101 companies were funded - the first time in the past 21 years that Ascendant has been tracking these deals that the number has exceeded 100.

For more details, and a handy summary of the quarter's venture funding deals, TechMarketView research subscription service clients can download the latest bumper edition of IndustryViews Venture Capital from this link.

Posted by HotViews Editor at '08:55' - Tagged: funding   startup