Article 4GVH2 More than a third of Europe's fastest-growing tech firms are in UK – study

More than a third of Europe's fastest-growing tech firms are in UK – study

by
Nadeem Badshah
from on (#4GVH2)

Government research suggests British tech 'unicorns' are only surpassed by US and China

Britain is creating more technology companies worth at least $1bn (786m) than any other company in Europe, according to government research.

It found that UK-based entrepreneurs have built 72 such businesses in the past 20 years, including 13 in the past year, with only the US and China surpassing that number. Germany has 29 and India has 26.

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