Michael Brown, Partner at law firm Fenwick and advises on structuring, M&A and financing and admitted that for companies to jump from ‘A’ round to ‘C’ round in their cash-raising was extremely hard last year. 'I am seeing much more interest now. There’s also interest in the merging of space, defence and ‘deep-tech’ and also interest from the multi-stage venture capitalists many of which have billions of dollars under management. I really think 2025 will be better.'

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