Silicon Valley Bank Launches In London To Bridge The Tech Funding Gap
European startups get a shot in the arm this week with the launch of Silicon Valley Bank in London today. Known for its understanding of the tech space, SVB will target the technology and life science sectors.
It will make loans of between £300,000 and £30 million to tech companies looking to expand. Shazam and The Foundry are already UK clients.
In the U.S., where it has made $7 billion in loans, clients include Cisco Systems, Mozilla and Pinterest. It also acts as a bank for investors including NEA, Sequoia Capital and Silver Lake. In the UK the bank is working with Index Ventures and Balderton Capital among others.
The problem with existing retail banks is that they rarely serve smaller tech companies which are unlikely to have three years worth of accounts yet, or any sales when they start up. SVB aims to bridge that gap.
Phil Cox, Head of UK, Israel and India for Silicon Valley Bank, said: “We have seen a marked shift in recent years in our chosen niche industries’ activity within the UK.” He said the elements of an emerging and effective technology ecosystem were strongly emerging in the UK.
Commenting on the launch, George Osborne, Chancellor of the Exchequer today said: “The news that Silicon Valley Bank is launching a full banking service in London is yet more proof that the UK is fast becoming the technology centre of Europe.”
The new UK branch of SVB is at 41 Lothbury in the City of London. You can contact them on firstname.lastname@example.org, on Twitter @SVB_UK, or by telephone: on +44 (0)20 7367 7800
Article source: http://feedproxy.google.com/~r/Techcrunch/~3/-q80TgUEqlY/
When you discover you've some ugly, scar like marks to the thighs, your breasts, or sometimes from the stomach, you will need realize lots of people to burn How To Get Rid Of Stretch Marks Fast these marks saving physique from creating ever again of parents. As well as one of the numerous stretchmark lotions which are usually within the market and Stretch Marks Cream you'll utilizing eradicate and quit Stretch Mark Cream new marks Stretch Marks Cream from forming.
1. Vitamin E
Vitamin E lotion will ?Stretch Marks Cream allow help your skin softer and healthier, nevertheless it planning to dispose of or avoid the ugly marks you How To Get Rid Of Stretch Marks Fast could completely. Idleness and definitely will keeping your skin good and healthy, though it is not the cure you want. Actually a thing that continues discusses great deal and some believe that it is any cure, however it won't Stretch Mark Removal be.
2. Cocoa Stretch Mark Removal Cream Butter
Another How To Get Rid Of Stretch Marks the most named stretch mark lotions since you can try is cocoa How To Get Rid Of Stretch Marks butter. Some women affirm cocoa butter Stretch Mark Removal Cream and it's used to Best Stretch Mark Cream perform per many, however, it just isn't going to do what will you expect to see it to perform. Is'nt solution for these particular ugly marks, although is great for your skin and another you may need use.
3. Real stretchmark how do you get rid of stretch marks lotions
A real lotion which would work most likely be 100% natural and will certainly outcomes may be after. Will probably be alleged to enable you to the utter discomfort Stretch Marks Removal Stretch Mark Cream you are usually after and you can now How To Get Rid Of Stretch Marks not anymore should having How To Get Rid Of Stretch Marks Fast any ugly how do you get rid of stretch marks marks while having breasts, your thighs, or perhaps your stomach. A Best Stretch Mark Cream lotion designed Stretch Mark Cream specifically for this will not only limit the current marks, and often will prevent any future marks as well as.