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UK venture capital deals drop as investors chase bigger bets

New data points to quickening consolidation in the European start-up sector, with investors showing a preference for later-stage deals

The number of venture capital investments made in the UK in the first three months of the year fell by 57%, compared with the same period in 2018.

Yet the amount of money invested in UK businesses in the first quarter stayed flat at £1.19bn, highlighting a preference among venture investors for later-stage deals.

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