London venture capital funding halves as deals sink to eight-year lows


by @cityam

@cityam— London venture capital funding fell to its lowest level since 2018 during the first quarter of this year, with only $1.7bn in funding raised.

ETtech.com—startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week. Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...

Daily Mail—Caitlin Clark 'to sign an eight-year, $28million deal with Nike with record sponsorship deal set to include a SIGNATURE shoe for the WNBA star'. The Athletic reported a pending eight-year, $ 28 million contract with Nike, including a signature shoe. The deal would give Clark the richest sponsorship contract for a women's basketball player.

Japan Today—Yen sinks to 34-year low past 160 per dollar. The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. The greenback bought 160.17 yen in morning trade -- its weakest since 1990 -- fanning speculation that Japanese authorities would step