* NEW RESEARCH * UK Tech funding soars

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.

Subscribers to the TechMarketView Foundation Service can download our latest quarterly review of UK software and IT services M&A in the just released report, IndustryViews Venture Capital Q2 2017.

For further information, please contact our Client Services team (info@techmarketview.com).

Posted by HotViews Editor at '07:42' - Tagged: funding