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Home London Tech Talk #LondonTech

The Impact of COVID-19 on London Startup Funding

Reza Chowdhury by Reza Chowdhury
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Ever wonder how a global pandemic would affect London startup funding and venture capital activity? For London, most findings by stage has gone up! Here are the numbers you need to know…

Today, I quickly examine total London startup funding from March 15th to April 30th year-over-year to quantify the impact that COVID-19 has had one the funding landscape in London since the lockdown started.

FACTS:

Early-stage startup funding in London is +71% from year-ago levels since the lockdown started on March 15th Tweet This
Series A startup funding in London is -6% from year-ago levels since the lockdown started on March 15th Tweet This
Series B startup funding in London is +32% from year-ago levels since the lockdown started on March 15th Tweet This
Late-stage startup funding in London is +367% from year-ago levels since the lockdown started on March 15th Tweet This
Total startup funding in London is +128% from year-ago levels since the lockdown started on March 15th Tweet This

Early-stage startup funding in London is up $26.1M from year-ago levels since the lockdown started on March 15th Tweet This
Series A startup funding in London is down $7.4M from year-ago levels since the lockdown started on March 15th Tweet This
Series B startup funding in London is up $18.1M from year-ago levels since the lockdown started on March 15th Tweet This
Late-stage startup funding in London is up $388M from year-ago levels since the lockdown started on March 15th. Tweet This
Total startup funding in London is up $425M from year-ago levels since the lockdown started on March 15th. Tweet This


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