IndustryViews Venture Capital Q4 2020 Review
Publish date: 04/03/2021
Data from corporate finance firm Ascendant reveals a record level of venture funding into early-stage UK and Irish technology companies in 2020, despite the ongoing impact of the Covid pandemic. There were 1,016 funding deals of more than £0.5m announced - a drop of 5% on the equivalent figure for 2019. However the aggregate value of such deals was £9.5bn, up 15% from the previous year. Consequently, the average deal size increased by 21% from £7.7m in 2019 to £9.3m in 2020.
This latest edition of IndustryViews Venture Capital has more detail, along with commentary on selected UK tech venture funding deals.
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