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The steady increase in venture capital funding of UK and Irish technology companies continued in Q3 to set a new record, according to the latest data from corporate finance firm, Ascendant. During Q3, £1.69b was invested in 217 deals of more than £0.5m by 268 investors at an average deal size of £7.8m. This represents a 34% yoy increase in the number of deals and a 130% yoy increase in the total quarterly value.
The latest edition of IndustryViews Venture Capital includes nearly 30 pages summarising significant venture funding in UK tech companies during the quarter.
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