Venture capital (VC) funding in the UK soared to a record high during the first half of this year, bolstered by a growing appetite for tech investments. Venture capital spending hits all-time high in 2019.
Funding in VC rose to £4.3bn during the first half of 2019, rising 45 per cent on the same period last year.
The average deal size for UK VC investment doubled to £5.9m in the first half of the year with 724 deals recorded, compared with 1,147 in the first six months of 2019.
Venture capital spending hits all-time high in 2019