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Silicon Valley Bank statement

Written by bit.bio | Mar 12, 2023 12:19:06 PM

In response to the ongoing situation concerning Silicon Valley Bank, please see the following statement from our Chief Financial Officer.

"Whilst bit.bio is not affected by the situation concerning Silicon Valley Bank and its UK arm, we are joining efforts to ensure there is help for those who are exposed. The start up and scale up ecosystem is a vital part of the wider economy, an essential driver for innovation and must be supported. Our hearts are with the many great companies that are affected. Let's all support them through these difficult times." 

Bernhard Klemen
CFO, bit.bio