Posted Thursday 30th June 2022
Crowdfunding has become the third most active investment type in the UK, when it comes to equity investment. The number of raises through 2021 was 573 and by comparison, angel investment produced 602 equity fundraises. Beauhurst have done a deep dive into the state of equity crowdfunding in 2022.
The saga around buy now pay later start-up, Klarna, is set to continue as reports suggest the company are attempting to raise further investment at a third of its previous valuation. Once valued at $45bn, the valuation may shrink to a lowly £15bn.
The term ‘Unicorn’, coined in 2013, used to signal the rarity of private companies valued at $1bn but each year the number of unicorns in the UK has risen. Who are the latest to make the grade?
Following the success of Google’s Black Founders Fund, launched last year, they are doubling the size of the fund to £3m. Last year, 30 start-ups were funded and have gone on to raise a further £65m in follow-on funding.
Is the tech boom over? Venture capital funding recorded the first drop in investment last quarter, suggesting that more scrutiny is being placed on start-ups. A slow-down of funding may mean fast-growth companies will have to look for creative options to grow their businesses at the same pace.
Next month we are sponsoring the annual Bread & Jam Festival, aimed at helping founders of food and drink businesses develop their networks and grow their brands. Use our discount code ‘EXHIBITORPAL’ via Eventbrite for £30 off a standard ticket.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Joelson, a leading London law firm, announces its partnership with Blue Earth on the upcoming Blue Earth Forum and Blue Earth Summit events this year.
Joelson, the leading West End London law firm, has announced the promotion of Michael Friend to Partner, within the firm’s Real Estate team, effective 1 April 2024.
April is usually a time for some change in the employment law world (annual changes national minimum pay and other rates). But this year, employers are bracing themselves for a particularly busy April, with some significant employment law changes.
We have partnered with Ecologi and are now a Climate Action workforce. Through Ecologi we are planting trees across the world to grow our own forest to offset our carbon emissions.
