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66% of pre-seed rounds were done in ASAs (Advanced SubscriptionAgreements, the UK’s equivalent to SAFEs) The average pre-seed round is about $600,000 The average number of investors per round dropped from 10-11 in 2020-2021 to 6-7 in 2024 Average Pre-money valuation in UK pre-seed rounds stands at approximately $4.8M
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