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Venture capital funding of UK and Irish technology companies reached new heights in Q2, according to the latest data from corporate finance firm, Ascendant. During Q2, £1.42B was invested in 182 deals of more than £0.5m by 235 investors at an average deal size of £7.8m. This represents a 20% yoy increase in the number of deals and a 122% yoy increase in the total quarterly value which was 62% higher than the previous record high of £873m set in Q1 2016.
The latest edition of IndustryViews Venture Capital includes over 30 pages summarising significant venture funding in UK tech companies.
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