UK tech deals hit record in 2016 despite Brexit effect

Jan 9, 2017 · telegraph.co.uk

Screen shot 2017 01 08 at 21.33.17

British tech deals hit a record high in 2016, with the number of investment rounds and takeovers rising by 40pc in a breakthrough year for UK start-ups.

However, that growth tailed off after June’s Brexit vote and funding fell into decline at the end of the year.

Some 4,009 deals were notched up in the technology industry in 2016, up from 2,858 the previous year and 1,714 the year before, according to figures compiled for The Sunday Telegraph by technology investment bank GP Bullhound, using data from financial information provider Capital IQ.

Read Complete Article

Scaling accelerator IDEALondon has brought on board a major European energy firm https://t.co/y8PkxJ8JrO https://t.co/YPieJKaPav

Pleased to see many talented young musicians competing in the Gigs competition. See their performances across London https://t.co/u9TEtMhI6H

UK #RetailTech #startup Virtualstock expected to double in size by the middle of next year https://t.co/V8K5taskhq

RT @GeorgiaHanias: This doctor's crowdfunding healthcare in war zones - will you donate? | The Memo https://t.co/TQb3EngIOA via @thememo

.@ReceiptBank has now raised $65m in total https://t.co/EFEiISu3Bs

Tech.London Weekly

×