IndustryViews Venture Capital Q1 2017
Publish date: 30/06/2017
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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.
Read on for our review of the UK tech VC scene in Q1 2017.
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