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Friday 08 June 2018

*NEW RESEARCH* UK tech VC deal flow reaches new high

chartThe total number of UK and Irish technology company venture capital deals reached a new high in Q1 2018, according to latest data from corporate finance firm Ascendant, although the total value of funding fell for the second successive quarter.

During Q1, £1.26b was invested in 231 deals of more than £0.5m by 254 investment groups at an average deal size of £5.5m (down from £6.5m in Q4 2017). However, there has been a significant increase in funding since the same period last year, when the average deal value was £4.2m, with a 24% yoy increase in the number of deals and a 61% yoy increase in the total quarterly value.

The latest edition of IndustryViews Venture Capital includes over 30 pages summarising significant venture funding in UK tech companies during the first quarter of 2018.

Posted by HotViews Editor at '07:41' - Tagged: funding