Statement from BVCA Director General Michael Moore on the collapse of Silicon Valley Bank

“The implications of the collapse of Silicon Valley Bank on the UK’s science and technology sector are very serious for the businesses backed by Venture Capital firms.

“The BVCA is working closely with members, government and Number 10 to deliver an urgent resolution of the situation, so that businesses can continue to operate, and the wider implications of the collapse are also addressed.”

For more information on any of the above, please contact External Communications Manager, Karen Keany, [email protected] or the BVCA Press Office at [email protected].