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" ... Overall, though the investment picture bodes well for London’s startup ecosystem. However, before we celebrate too much, it’s worth remembering that behind the headline figures, these are indeed very tough times. Tech startups attract investment because their backers are looking beyond the pandemic to opportunities further down the line. But in the current climate very early-stage businesses may struggle to raise finance as investors look to shorinng up their existing portfolio companies and to safer bets with better-established business models. ... "