UK tech firms attract record $15bn in venture capital funding
by Rupert Neate from Technology | The Guardian on (#5C655)
Investments in 2020 are higher than in rest of Europe combined and help to create seven unicorns'
UK technology companies attracted a record $15bn (11.2bn) in venture capital funding in 2020, including the creation of seven unicorn" firms valued at more than $1bn.
The firms raised more money from VC investors than the rest of Europe combined, according to research by the data provider Dealroom. The $15bn total compares with the previous record of $14.8bn in 2019.
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