Tuesday, April 27, 2010

UK investment in semiconductor startups plummets (UK Technology Startups)

UK investment in semiconductor startups plummets (UK Technology Startups)

The UK saw a reasonably healthy growth in investment in technology startups last quarter, except for the semiconductor sector. Analysis by Ascendant showed a positive trend of 65 companies receiving £153m, up 48% and 32% respectively over Q1 09, from 82 investors. But the average deal size dropped significantly to just £2.4m and there was no venture capital investment in semiconductor or optoelectroncs companies at all.

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