*NEW RESEARCH* Modest recovery for Tech VC deals

Following the COVID-induced fall in Q2, there was a modest 4% qoq increase in the number of venture capital investments in UK and Irish technology companies in Q3, although the total value of investments fell by 3% qoq. In Q3, a total of £1.85b was invested in 241 companies in the sector by 327 investors, according to the latest data from corporate finance firm, Ascendant.

So far in 2020, £6.2b (compared with £6.4b in the first three quarters of 2019) has been invested in 751 deals (802 in the same period in 2019).

The latest edition of IndustryViews Venture Capital has more detail, along with some 50 pages of succinct commentary on UK tech venture funding deals.

TechMarketView Foundation Service and UKHotViews Premium subscription clients can click here to download the report.

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