Investment in London tech companies
London tech company investmentThe UK is the leading European destination for Silicon Valley investors, with British tech companies raising more venture capital from Bay area VCs than any other European country. According to the investment data released by London & Partners, over the last five years UK tech companies have received more venture capital investment from West Coast investors than France, Germany and Ireland combined.
Further analysis of the investment data reveals that London tech companies received the majority of venture capital investment from the Bay area, accounting for over 90% ($1.04bn) of the total amount raised by UK tech companies this year. Over the last five years, London tech firms have also raised considerably more capital ($2.5bn) than their European counterparts, with Stockholm ($1.4bn), Berlin ($641m) and Paris ($500m) representing the next most popular cities for Silicon Valley investors. Read the press release for more information.