Venture capitalists have scaled back the size and amount of their deals across the world and UK-based startups received less funding during Q1 2016 than in Q4 2015 as a result. A new report from the analytics company CB Insights and the advisory firm KPMG Enterprise has revealed that, between January and March, startups in the UK were able to raise $1.3 billion across 105 deals. Across Europe as a whole venture capitalist (VC) funding totaled $3.5 billion across 338 deals. Thirty-six percent of all VC funding in Europe went to companies in the UK. Tech companies received 77 percent… [Continue Reading]
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