Quantum Dice reposted this
We had Wenmiao Yu (Co-founder & Director of Business Development at Quantum Dice + Host of Low to Grow) on VENTURES to break down how deep tech startups can strategically time their fundraising and leverage grant funding. "For that first raise it was £2 million, half coming from institutional VCs and also half coming from various UK grant funding." "We were just very mindful of what can we receive without having to give away equity whilst also looking for opportunities to upscale ourselves as founders of a deep tech company." "The UK actually probably has one of the earliest and strongest clusters of quantum companies in the UK and Europe." You can listen to the full conversation with Wenmiao here: https://lnkd.in/dns5V_Y3 Follow viraj acharya & VENTURES on LinkedIn for more.