UNQUOTE

UK - Technology invesment on the increase in 2006

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Nearly ТЃ200m of venture capital was invested in the UK and Irish technology sector in the first quarter of 2006, according to Ascendant, the technology-focused corporate finance advisors.

'There was a significant uplift in activity and money invested in Q1 06,' Stuart McKnight, managing director of Ascendant, said in the press. 'Approximately £190m was invested in 41 deals by 84 investors.' That compares with £129m invested in 41 deals by 50 investors in the corresponding period in 2005.
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