British startups raised £663m investment in the first month after the country went into lockdown, with the tech sector seeing the most activity, according to new research released today by Plexal and Beauhurst.
The total value of investments has increased by 34% compared to the same period in 2019, but deal numbers were down by 39%.
Go deeper with GlobalData
However, nearly 263 small businesses are currently in administration and 707 are in liquidation. The week after lockdown was announced in the UK saw the lowest level of investment since w/c 28 March 2016.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
