Article 5T7DK Cambridge is leading regional tech hub as UK draws record investment

Cambridge is leading regional tech hub as UK draws record investment

by
Dan Milmo
from on (#5T7DK)

Research finds number of UK unicorns, or startups worth more than $1bn (750m), grew to 116 in 2021

The UK technology sector drew a record 29.4bn in investment this year, according to research, with Cambridge declared the country's leading regional tech city.

The bumper injection of funding from venture capitalists, who invest in new companies by taking stakes in them, is more than double last year's total of 11.5bn.

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