UK venture activity declining slightly, now forecast to be £800m this year

Screen Shot 2013-11-20 at 15.57.27Data just out from UK corporate finance boutique Ascendant shows that venture activity in the UK is slowing. £178m was invested in Q3, down slightly from £183m in the year ago quarter, but that combined with a slow Q2 compared with 2012 makes it look like we will be down for the year. Ascendant are now predicting that £800m will be invested in UK companies in 2013, which compares with £987m in 2012.

This is data for deals over £0.5m.