‘UK second biggest investor in European startups last year’

Nov 7, 2018 · uktech.news

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Some 21% of the $26bn invested in European startups last year came from global investors operating out of the UK.

According to new research prepared for Tech Nation and the government’s Digital Economy Council by Dealroom.co, the UK was the second biggest investor in European startups last year. The US topped the ranking.

The research is being released ahead of Margot James’s appearance at Web Summit, which is taking place in Lisbon this week. The Minister for Digital and the Creative Industries is expected to champion the UK’s technology sector and its desire to continue forging strong links with the Continent.

Figures show that UK-based investors made 1,365 investments in Europe in 2017, representing 21% of capital.

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