Over £1.7B in new funding across 54 new deals buoyed by Softbank’s $1.1B in Wayve.
Today, I will take a look at the state of venture capital and early-stage funding in London in May 2024. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Early-stage [Angel, Pre-Seed, Seed], Series A, Series B, and Late-Stage [Series C+]) including mention of notable rounds. This analysis does not include debt financings, real estate, and biotechnology deals to maintain a focus on conventional tech-enabled startups.”
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The average early-stage round in London for May was £1.8M Tweet This
The median early-stage round in London for May was £1.6M Tweet This
£56.7M was invested across early stages rounds in London in May Tweet This
The average Series A round in London for May was £7.3M Tweet This
The median Series A round in London for May was £5.3M Tweet This
£58.0M was invested across Series A rounds in London in May Tweet This
The average Series B round in London for May was £32.7M Tweet This
The median Series B round in London for May was £34.7M Tweet This
£163.4M was invested across Series B rounds in London in May Tweet This
The average late-stage round in London for May was £140.5M Tweet This
The median late-stage round in London for May was £72.8M Tweet This
£1.4B was invested across late stage rounds in London in May Tweet This
£1.7B was invested in London #startups in May in London across 54 deals Tweet This
London VC funding in May was +293% from last month and +224% from the same period last year Tweet This
