An impressive month for startup funding in London bolstered by Monzo’s fundraise.
Today, I take a look at the state of venture capital and angel funding during March 2024 in London. 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 March was £2.4M Tweet This
The median early-stage round in London for March was £1.7M Tweet This
£87.7M was invested across early stages rounds in London in March Tweet This
The average Series A round in London for March was £6.6M Tweet This
The median Series A round in London for March was £6.7M Tweet This
£66.0M was invested across Series A rounds in London in March Tweet This
The average Series B round in London for March was £17.9M Tweet This
The median Series B round in London for March was £16.0M Tweet This
£160.9M was invested across Series B rounds in London in March Tweet This
The average late-stage round in London for March was £345.6M Tweet This
The median late-stage round in London for March was £345.6M Tweet This
£345.6M was invested across late stage rounds in London in March Tweet This
£660.1M was invested in London #startups in March in London across 56 deals Tweet This
London VC funding in March was +275% from last month and +131% from the same period last year Tweet This