News

May 21, 2020

Funding for seed-stage UK startups drops over 80%

Startups looking for initial funding are struggling, with first-time investment plummeting since lockdown began.


Isabel Woodford

3 min read

Startups raising money for the first time have been the hardest hit by the drop in venture capital funding, raising fears that the coronavirus pandemic will hold back a whole generation of tech entrepreneurs.

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