Lord Sarfraz hosted a parliamentary briefing today with the BVCA on the impact of the collapse of Silicon Valley Bank on the UK’s venture capital industry and the businesses it supports. He was joined by the CEO of BVCA and three of the UK’s leading venture capitalists.
The briefing covered how the collapse had impacted portfolio businesses and funds, including what the coming days, weeks and months are likely to bring for the UK’s science and technology sector and venture capital landscape.