*NEW RESEARCH* Fintech boost for UK-Irish VC deals

Venture capital funding for UK and Irish technology companies remained strong in Q3 2018 with a huge increase in Fintech deals according to the latest data from corporate finance firm, Ascendant. During Q3, £1.67b was invested in 278 deals of more than £0.5m by 325 investment groups at an average deal size of £6.0m, down from £6.5m in Q2, indicating a trend toward smaller deals. There has been a 21% yoy increase in the number of active investors and, in Q3, 64% of the deals involved more than one investor.

For more details, and a handy summary of the quarter's venture funding deals, TechMarketView Foundation Service subscription clients can download the latest edition of IndustryViews Venture Capital here.

Posted by HotViews Editor at '07:55' - Tagged: funding   startup