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I think that they all look like great start ups but where does the "worth £15m" come from?

Is it speculation in value if they were all acquired just now?

Is it the combined total for sales + funding raised?

Is it the output of a formula?

Thanks for your interest, Tom. I'm one of the founders of EF.

It's the sum of the valuations in most recent funding rounds plus in two cases the valuations implied by rounds that are - all being well - closing soon.

It doesn't take sales or Kickstarter amounts into account.

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