Why the pandemic hasn’t stopped investors ploughing billions into tech firms

This year has presented monumental challenges to global economies, resulting in many people expecting a slowdown in deal volume.

In reality, deal activity in the tech sector has remained buoyant as both private equity and strategic acquirers continue to seek acquisition and investment opportunities to support their growth aspirations.

There have been several high-profile transactions in the technology sector recently, such as Visa’s $5.3 billion acquisition of Plaid – a network which securely connects financial accounts to apps.

Some earlier stage Scottish-based tech companies have also succeeded in attracting growth capital at a time where many investors are being extremely cautious and looking after their existing portfolio companies. Examples include the recent £1.6 million investment in EC-OG led by Par Equity, and AdInMo raising £0.5 million of seed investment led by Techstart Ventures. Both investments completing during lockdown.

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